Fund Focus

Keep the Faith

Alliance Equity, the one time champion among equity funds is struggling hard to regain the top slot. With new manager at the helm, investors can wait to see if the new style brings in great numbers

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.


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