I am sorry to say that the person who has written this article has less knowledge. The Person is trying to miss guide the Investors. The Fund performance ultimatly shows the Returns as per the portfolio rather than of its NAV (being high or low). If the Person who has written this article logic is right then why don't he compare any of the IPO's with the Reliance Growth Fund which has the highest NAV (RS.156/-) & inspight of the NAV being high its performing outstandingly compared with the peer Funds. Request you to don't Mis guide the Investors because they will other wise will invest into all the Wrong NFOs.
