The public does not know much about the Sahara group as most of the businesses do not publish their accounts. In a few cases they do publish their accounts, their performance is quite poor. For instance, the Sahara mutual fund ranks 29th out of 32 mutual funds as per the AMFI website showing data of 31-03-07. The individual funds of Sahara mutual fund are generally close to the bottom in performance. This may not be typical, but one seriously wonders whether the group is really running profitably.
RE:Good luck to the Sahara group
by anil srikantiah b on Apr 14, 2007 01:10 PM Permalink
Hi, You are right . all this guys in India Inc looks to be cheats of the first order .putting money in public sector banks and earning interest is the most sane and briliant options since there is hardly any accountability in MF or in any other areas.I have found this bitter truth from experiance.
RE:Good luck to the Sahara group
by Ajay Banerjee on Apr 14, 2007 01:21 PM Permalink
Don't be so pessimistic. There are enough people who have made and are making money from shares and mutual funds. As in any other business, one learns from experience.
Thank God Sahara ko Naresh Goyal kaa Sahara mil gaya.....Mr.Subroto Roy has been a person to be watched keenly going by his previous dubious background.....he seems to mysterious person and God knows whose money he is employing in to his SAHARA business ....POWER CLUB has great backing for him as far as power play goes on...whatever he has got out of JET deal would be more than expected for ageing Subroto roy to get out of JET-LAG......Lets see how Naresh Goel ji flies sahara.
