Reliance Equity Advantage Fund?

How about investing in Reliance Equity Advantage Fund????
Any guidance? Because in india.dalalstreet.biz, it's warned to AVOID investing in it.
Any expert analysis on this?? Whether to go for it or not??

If you read through the prospectus, the important thing which catches your eye is that they are going to invest 80% of the fund in NIFTY stocks.

So, predominantly it is a large cap fund. So your investment is safe. But can you expect good returns? It remains a question mark.

Because, we all know that real value in Indian stocks is outside the Indices - The midcap & quality small cap stocks.

So, now it's upto you whether you want to go with a Index fund or a more diversified fund......

My personal opinion is --- No.

here over some financial planer are in... but that will be in lips only not by heart... REAF is fundamentally strong fund... coz investing fundamentally strong companies in nifty... Report It

so risk is less... when risk is less, return part will be less also.. but not poor... it will give consistent return even one yr... .s... in my opinion investor should not expect return, they should believe the return. that is responsible of investor. Happy investing over on REAF.... Report It

I also advice not to invest in this fund until & unless u r ready to wait for 5 to 6 years for good returns.
Cause at this point of time stock market is at its peak(top) & suppose in near future market corrects little bit this fund will face the biggest problem of loss & managing loss plus the team working on it but in long term (5 to 6 yrs) it will recover as the market is technically showing upwards move for long term.
so I won't suggest u to invest in this fund.
I f u like reliance then go for reliance vision fund or reliance growth fund both are well settled & giving good returns.
& if don't have any problems with any other fund then go for franklin templeton Prima Plus fund.

go ahead and invest. so far none of the schemes launched by Rel Capital been a let down