Wednesday, July 25, 2007

Reliance's Kela Has `Rock Star' Image as Indian Funds Attract Investors

(Bloomberg) -- When Indian money manager Madhusudhan
Kela goes out marketing his funds, he gets cheers as well as
cash.

His 39 billion-rupee ($973 million) Reliance Growth Fund is
the top performer in the country this year, advancing 23 percent,
and ranks No. 1 among similar funds in the world by Lipper Inc.
based on its returns during the past five years.


Read more at Bloomberg Stocks News

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