Mutual fund view :
The fall of markets has taken its toll on mutual funds too as expected , as the NAV of recently listed Nfos are below Rs 10 mark
The worst part is , investors had paid 2.25 % entry load also , so loss is more as of now :
The high profile , hyped Reliance natural resources Fund too has flopped recently .
The recently listed - Reliance natural resources , Aig infra fund have lost heavily ,and quoting below Rs 10 mark .
The NFO investors are at great loss now , its better to avoid nfos as of now , and wait for the listing of them as market slump is not ended .
or one can invest only small amount in NFOs
SEBI must waive entry load for all New fund offers now or the AMC themselves must not charge any entry load
whats the use of charging entry load ? when the listing is below Rs 10 ------------
We hope ,its turbulent time for AMCs ,it would be better , if they dont rush with any NFOs as investors are really worried now .
More views and some special reports exclusively in this blog very shortly .........
Team , IYG
Wednesday, March 19, 2008
Recently listed Nfos have crashed .
Subscribe to:
Post Comments (Atom)

No comments:
Post a Comment