The big question is
Is it RIGHT TIME to invest in infrastructure NOW ?
Yes. one may invest in this Reliance Infrastructure NOW.
Reasons:
- It is NFO (New Fund Offer). units are allotted at Rs 10 with applicable load.
- It is Infrastructure. when India Grows Infrastructure Grows and vice versa.
- Mutual Funds, Insurance Companies, Corporate, FIIs and HNI Investors are waiting in the sidelines to invest in Indian Market so there seem to be no correction in sight.
- Political stability. Immediate priority of the new Government being revival of economic growth.
- Lower cost of Debt envisages Liquidity.
- Valuations of Infra companies reasonable even at this level.
- I personally feel every NFO is opportunity to save and a step to build a corpus on long term goal.
- Invest now and hold it at least for 3 years.
HAPPY INVESTING