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Our Bureau

Kolkata, May 30

Mr Rajiv Shastri, CEO of Sahara Mutual Fund, has put in his papers. It is not sure at this juncture as to who will replace him in the organisation.

Mr Shastri, who left his previous assignment as Head - Fixed Income at ABN AMRO Asset Management (India) to join Sahara MF, confirmed the development, adding that he now intends to pursue personal interests.

Sahara MF, which came into being after a takeover of the erstwhile A C Muthiah-promoted First India MF, currently has five equity and four debt funds. Its asset base as on March 31 stood at Rs 282 crore.

In the recent past, another senior Sahara MF executive, Mr Arindam Ghosh, who handled marketing functions, had also quit.

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