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Change in Fund Manager under Sahara Mutual Fund

Sahara Mutual Fund has announced that with effect from February 28, 2011, Mr. Ashwini Kumar has been appointed as Fund Manager (Debt) in place of Ms. Richa Sharma for debt oriented schemes- Sahara Gilt Fund, Sahara Income Fund, Sahara Classic Fund, Sahara Liquid Fund, Sahara Short Term Bond Fund and Sahara Interval Fund Quarterly Plan - Series 1.

Mr. Ashwini Kumar has over nine years of experience in fixed income/capital market segments. His previous work experience includes working in a mutual fund and wholesale debt segment.