The newly launched Direct plans, though unrated, are expected to perform better than existing schemes...
07-Jun-2013 •Research Desk
Sometime back, Reliance Equity Opportunity Fund was rated 5-Star. Now suddenly I notice that it is ‘Not Rated”. How come this change and what does it mean?
-Narender Kumar
Reliance Equity Opportunities continues to retain its 5-star rating. It is the direct plan of the scheme which is not rated. Direct plans were launched in January this year and will not be rated until they complete 3-years.
We expect Direct plans to perform better than the regular plan as the underlying assets and investment strategy would remain same as the underlying scheme. Instead these schemes would have a lower expense ratio. So you have nothing to worry about and can continue investing as earlier.
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