Variable Pricing Option Under Sahara Liquid
Oct 24, 2005
Sahara Mutual Fund has introduced variable pricing option under Sahara Liquid Fund. As per the new option, the AMCs fees under the fund will be linked to its performance on a daily basis. The fund house has decided not to charge any management advisory fee for net portfolio return below or equal to 5.10 per cent.
The fund house has also changed the face value of units of Sahara Liquid Fund from Rs 10 to Rs 1,000 per unit with effect from October 27, 2005.