Adapting To Fund Manager Changes

One of the things that worry the slightly evolved mutual fund investors is this business of fund manager changes. By the time you figure out that some of the equity funds you have chosen are actually making good money, and that this was because of the actions of someone called a fund manager, you could be hit with the news that the fund manager is changing. This is a bit of a problem. You see, unlike some funds in the more mature markets, the fund manager is not really a brand in India. People generally invest in a particular fund because it has done well. Or, if they, are absolute beginners, they are likelier to invest because the fund company is a big brand like ICICI or HDFC or Reliance. At some point, those investors who are interes

This article was originally published on July 25, 2011.