Wednesday, May 11, 2016

Time to Start a SIP in Reliance US Equity Opportunities Fund @ 9.90

Respected Readers,
Reliance US Equity Opportunities Fund NFO was come in 03 July 2015 to 17 July 2015 at NAV of 10 per unit 

 My Regular followers knew that I always avoid to invest in NFO because after a NFO in most of cases we see price of fund NAV fall below NFO price read some past example here:-
Best European Mutual Fund in India
or
Reliance Infrastructure Fund Review
So as our earlier experience now NAV of Reliance US Equity Opportunities Fund is fall below 10 and currant NAV of this fund is 9.90 only
So we now start a SIP of 1000/- per month in this fund
Which option we choose in growth and dividend fund:- If you are a new reader then you may confuse to see that 2 schemes is avalible in this fund 
Reliance US Equity Opportunities Fund (G) or growth plan
and
Reliance US Equity Opportunities Fund(D) or dividend plan
so which plan is best?
OK I have a separate detail article on this issue where I explain how dividend re-investment is 3 time better then growth plan, if you not read it yet then please read it here:-
So in light of above article I recommended to choose dividend re investment option but if you like to get regular monthly tax free income from this fund then choose growth plan and read this article to knew how to get regular monthly income from mutual fund growth plan:-
Now I tell you why I choose Reliance US Equity Opportunities Fund in all international fund which invest in US market.
Actually Most of international mutual funds are fund of fund ( fund of fund means a mutual fund which hold units of another funds),  but Reliance US Equity Opportunities Fund is directly invest in US stocks here is the situation of  Reliance US Equity Opportunities Fund portfolio as on 31 March 2016
Name %
Mastercard 8.73
Express Scripts Holding Co 7.61
Baidu Sp ADR-A 7.56
The Priceline Group Inc 6.83
Alphabet Inc A 6.81
Blackrock Inc 6.76
Time Warner Inc. 6.68
VENTAS INC 5.95
WW Grainger Inc 5.21
PAYPAL HOLDINGS INC 4.13
Cooper Companies Inc 4.08
COMPASS MINERALS INTERNATIONAL INC 4
Cme Group Inc 3.79
ITC Holdings Corp 3.64
Discover Financial Services 3.38
Alphabet Inc 3.33
Carmax Inc 2.74
Ebay Inc 2.53
Potash Corp Of Saskatchewan Inc 1.46

So I think direct holding reduce fund management fees because if we buy a fund of fund then we pay fund management fees for both of funds.(one is original fund and  second is holding fund )
Recent Update:-
Buy MTNL @ 18.10

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