Fund Radar: Duds to studs

How top management appointments have revived five flop equity funds

Duds to studs: How top management appointments revived these funds

These four lines from Frank Sinatra's 'That's Life' show that every redemption story has a beginning, middle and end. It's no different in the lifecycle of a mutual fund. The beginning introduces you to the protagonists, which is why we analysed all equity funds (excluding sectoral funds) in the last four years and identified 16 funds that have risen from the ashes. Of the 16, five belonged to two fund houses, whose revival coincided with three crucial changes.

This story is not available as it is from the Mutual Fund Insight July 2024 issue

Read other available articles