A combination of scheme categorisation, economic downturn, and market downturn, coupled with negative news on the NBFC sector and couple of frauds, has created mayhem, in the market which led to underperformance of many mutual fund schemes.
Mutual fund investors are discussing the exit of Soumendra Nath Lahiri, CIO, from L&T Mutual Fund. Some prominent fund managers like Krishna Sanghavi of Canara Robeco MF and Gautam Sinha Roy of Motilal Oswal MF among others, have left their respective fund houses in 2019.
Yes, you read it right. You shouldn’t do anything based on the news that your fund manager has put in his papers. You should wait for more details before taking any decision. Do not panic and avoid knee-jerk reactions, say mutual fund advisors.
Recently, actively managed large-cap mutual funds have been criticised due to their under-performance vis-a-vis passive funds. However, currently six of the top 10 large-cap MFs over one year are active funds. Should you invest in them?
Failure of the telecom entity to continue as a going concern will potentially hit several debt schemes holding roughly Rs 2,023 crore worth of Vodafone Idea debt. According to data, schemes of four asset management companies hold the paper.
Many mutual fund investors are disappointed these days. Despite the market touching historic peak, these investors are dejected that their schemes continue to be in the red. Why are so many investors not satisfied with their returns?
Most of these investors, especially if they have started investing in the last few years, are completely clueless about their mutual fund schemes, including very basic factors like the mutual fund category or what is happening in the market. For example, the S&P BSE Sensex touching the peak, may not have similar impact in the small or mid cap category. That explains why many investors are fretting about their scheme still in the negative zone.