After a fantastic performance during the bull frenzy of 1999 and early 2000, Alliance Equity slipped to the bottom of its category for two successive years. No doubt, that it has delivered a middling performance in the current year's rally, but that category-topping performance is yet to come again. To add to the woes, Alliance's high profile fund manager, Samir Arora, was ousted for alleged insider trading in August this year. Though the change of guard is a cause of concern, investo
This article was originally published on November 18, 2003.