Reliance Diversified Power Sector (G)

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  #1  
Old 24th August 2007, 10:56 PM
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prasathvishnu is on a distinguished road
Default Reliance Diversified Power Sector (G)



Two days back, I invested 5k in Reliance Diversified Power Sector (G) @ Rs.46 per share. What is the prospect of it?

As part of my tax savings, I am alreadt investing in HDFC Long Term Advantage (growth) and Franklin TaxShield in SIP.

Please suggest me how can I invest further with low risk for investment period of around an year.

Thanks in advance.

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  #2  
Old 25th August 2007, 03:31 PM
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Default Re: Reliance Diversified Power Sector (G)

reliance diver power sector is a sector fund. which invest the money in only power industry. sector fund is give high return and also high risk. if u want to minimize risk choose balance fund or debt fund.

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  #3  
Old 25th August 2007, 05:32 PM
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Default Re: Reliance Diversified Power Sector (G)

among high risk, this sector fund is the best

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  #4  
Old 28th August 2007, 01:24 PM
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Default Re: Reliance Diversified Power Sector (G)

you can stick with this fund for another year....it will do well

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  #5  
Old 29th August 2007, 01:23 PM
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Default Re: Reliance Diversified Power Sector (G)

Thanks every one for your replies.

Yes, I will hold this fund for an year or so at most. I will probably quit this fund after making some good returns, which I hope for.

;-)

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  #6  
Old 6th October 2007, 10:07 AM
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Default Re: Reliance Diversified Power Sector (G)

i think this fund should do well for atleast 3 more years. But given that this is a sector fund, it shall provide some testing times for the investor in that period.

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  #7  
Old 25th October 2007, 04:31 PM
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Default Re: Reliance Diversified Power Sector (G)

What about investing around 20,000/- in this fund and forget about it for next 3 yrs. Pls guide

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  #8  
Old 25th October 2007, 11:49 PM
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Default Re: Reliance Diversified Power Sector (G)

A fortune teller should answer that.

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  #9  
Old 26th October 2007, 04:56 PM
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Default Re: Reliance Diversified Power Sector (G)

Hello PriyAA,
u should not actually 'forget' about your money in these investments. Track 'em up regularly

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  #10  
Old 31st October 2007, 12:30 PM
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Default Re: Reliance Diversified Power Sector (G)

Hi,,,
I thnk it is very in term of return & the ppls who had put 1 lakh in feb 2006 got 3.86lakh in oct 2007 so i would sugest that still reliance has d potential to churn money in this sector.so stick to this fund .
regularly keep an eye on this.if u see some major crash..book ur profit

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