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Sahara Mutual Fund Launches Sahara R.E.A.L. Fund

Sahara R.E.A.L. Fund opens upto 2nd November 2007 for subscription @ Rs. 10 per unit with minimum application amount of Rs 5,000/-. Teh fund is aimed to provide long term capital gains by investing predominately in equity/equity related instrument of companies in Retailing, Entertainment & Media, Auto & auto ancillaries and Logistics Sector

Lucknow, Uttar Pradesh, October 9, 2007 /India PRwire/ -- Sahara Mutual Fund has launched Sahara R.E.A.L. Fund. The scheme will be open for subscription @ Rs. 10 per unit up to 2nd November 2007. SAHARA R.E.A.L. Fund is a Closed - Ended Equity fund with an automatic conversion into an open- ended fund upon expiring of 36 months from the date of allotment. The investment objective is to provide long term capital gains by investing predominately in equity/equity related instrument of companies in Retailing, Entertainment & Media, Auto & auto ancillaries and Logistics Sector.

Under the REAL fund not more than 10% of the total funds may be invested in the companies in other sectors (other than Retail, Entertainment & Media, Auto & auto Ancillaries and Logistics) in order to capitalize on strong growth potential or potential to earn, that may emerge in future.

Issue price will be Rs. 10 per unit during the new fund offer period. There will be no entry load. Under the scheme one can go for dividend option or growth option. Minimum application amount is Rs 5,000/-.

Announcing the launch Mr. Naresh Kumar Garg, Principal Officer & CIO, Sahara Mutual Fund said, “The Indian economy is on the fast track. The Indian economy is transforming from the developing economy to a developed economy in the coming years. The four major sectors represented in this Fund have been chosen carefully to capture the high growth potential segments of the fast growth pace of our Indian economy. It offers excellent opportunity to participate in this Indian success story.”

He further said, “At Sahara Mutual Fund, we understand the value of investor’s money. We offer sound investment expertise, helping our investor to choose the right schemes for investment, which are tailored to suit their risk profile.”

Notes to Editor

About Sahara Mutual Fund

Sahara Mutual Fund currently manages five Equity Funds namely Sahara Growth Fund, Sahara Infrastructure Fund, Sahara Mid-Cap Fund, Sahara Wealth Plus Fund, Sahara Tax Gain Fund and five Debt Funds namely Sahara Income Fund, Sahara Guilt Fund, Sahara Liquid Fund, Sahara FMP 3 Months & Sahara FMP 395Days. These Funds have been performing remarkably well.

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