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Sahara Mutual Fund News

01 Aug 2017

IRDAI missed early warning signals at Sahara India Life

A cursory reading of the Insurance Regulatory and Development Authority`s (IRDAI) order against Sahara India Life in 2012 shows the regulator has clearly missed the wood for the trees, officials told IANS on condition of anonymity.

Securities Appellate Tribunal (SAT)

28 Jul 2017

SAT rejects Sahara plea against Sebi order on mutual fund biz

The Tribunal said the law empowers Sebi to take actions in the interest of protecting investors and hence lifting the corporate veil to the extent to identify who controls a regulated entity cannot be faulted.

29 Jul 2015

SEBI cancels Sahara's mutual fund licence

Sebi also directed Sahara Mutual Fund and Sahara Asset Management Company to stop accepting subscription from its existing or new investors with immediate effect.

28 Jul 2015

Sebi cancels registration of Sahara Mutual Fund

The Securities and Exchange Board of India (Sebi) on Tuesday cancelled registration of Sahara Mutual Fund and ordered transfer of business to a new fund house.

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