Religare PSU Equity Fund
Are you looking for a safe investment and a good return in mutual fund category. Check Religare PSU Fund (RPF).
RPF is categorized as an equity diversified fund, The fund aims capital appreciation by investing in equity and equity related instruments of companies where the Central / State Government(s) has majority shareholding or management control or powers to appoint majority of directors.
As on 31st Jan 2010.
| Name of Holding | % Net Assets |
|---|---|
| NTPC | 9.63 |
| BHEL | 9.06 |
| ONGC | 8.92 |
| SAIL | 7.81 |
| Oil India | 6.25 |
| Power Grid | 5.31 |
| State Bank Of India | 4.84 |
There is a huge possibility that Indian government will disinvest it’s own stake in future.
Robust growth and stability of PSU stocks makes this fund very attractive for long term investment.
Sector wise this fund is investing apprx. 45% of capital in energy sector. With India’s massive power requirements, energy is the sector which will outperform in future.
Saying all this, RPF is worth looking at.
on March 4, 2010 on 5:09 am
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