Top Fund Managers in India

Tanushree Jaiswal Tanushree Jaiswal 8th May 2024 - 04:28 pm
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Top Fund Managers in India in 2024 are set to play a vital part in shaping people's and groups' financial plans. With their strong understanding of market factors, industry trends, and risk management principles, these financial experts have proven their ability to handle market uncertainties and deliver consistent returns. As investors seek to maximize their profits while reducing risks, the advice and experience of top fund managers will be essential in 2024 and beyond.

What is a Fund Manager?
A fund manager is a professional investment expert responsible for directing and managing mutual funds, hedge funds, or other group investment vehicles. Their main job is to make informed choices on which stocks to buy, hold, or sell within the fund's portfolio. Fund managers carefully study and analyze market trends, business financials, and economic factors to find successful investment opportunities matching the fund's goals and risk profile.

Top 10 Best Mutual Fund Managers in India

Prashant Jain (HDFC Mutual Fund): 
With over two decades of experience, Prashant Jain is known for his value-investing method and careful investment strategy. He has consistently produced great returns across different HDFC stock funds.

Neelesh Surana (Mirae Asset Mutual Fund): 
Neelesh Surana has made a place for himself in the Indian mutual fund business by focusing on developing markets and creative investment strategies. He has successfully managed volatile markets, producing excellent gains for investors.

Kalpen Parekh (DSP Mutual Fund): 
Kalpen Parekh is a seasoned fund manager with a strong track record in handling stock and mixed funds. His ability to spot potential business chances across industries earned him a top worker reputation.

Sankaran Naren (ICICI Prudential Mutual Fund): 
Sankaran Naren is a senior in the Indian mutual fund business and is known for his careful risk management and diverse investment techniques. He has regularly produced stable returns across various ICICI Prudential funds.

Anoop Bhaskar (UTI Mutual Fund): 
Anoop Bhaskar is a highly skilled fund manager with a deep knowledge of the Indian stock markets. His stock-picking and portfolio-building skills have added to the success of UTI's equity funds.

Vinit Sambre (DSP Mutual Fund): 
Vinit Sambre is a growing star in the Indian mutual fund business, known for his intelligent investment strategies and ability to handle complex market conditions. He has regularly beaten standards across different DSP stock funds.

Harsha Upadhyaya (Kotak Mutual Fund): 
Harsha Upadhyaya is a seasoned fund manager known for his strict investment technique and focus on risk management. He has successfully led Kotak's stock funds through market cycles, providing steady returns.
Rahul Baijal (Nippon India Mutual Fund): 
Rahul Baijal is a seasoned professional with significant experience in handling stock and loan funds. His asset selection and risk management skills have added to the substantial success of Nippon India's funds.

Suresh Soni (Baroda Mutual Fund): 
Suresh Soni is a known fund manager with a proven track record of providing steady results across different Baroda Mutual Fund plans. His financial plans are led by thorough study and a strong understanding of market trends.

Vetri Subramaniam (UTI Mutual Fund): 
Vetri Subramaniam is a growing star in the Indian mutual fund business. He is known for his innovative investment methods and ability to spot new growth possibilities. He has played a vital part in the growth of UTI's stock funds.

Performance table of Best Fund Managers in India
Here is a performance table for the Best Fund Managers in India for 2024:
 

Fund Manager Fund House Funds Managed 1-Year Returns (%) 3-Year Returns (%) 5-Year Returns (%)
Prashant Jain HDFC MF HDFC Equity Fund, HDFC Top 100 Fund 12.8% 16.5% 14.2%
Neelesh Surana Mirae Asset MF Mirae Asset Emerging Bluechip Fund, Mirae Asset Tax Saver Fund 10.2% 18.7% 17.5%
Kalpen Parekh DSP MF DSP Equity Opportunities Fund, DSP Tax Saver Fund 14.1% 15.9% 13.8%
Sankaran Naren ICICI Prudential MF ICICI Prudential Bluechip Fund, ICICI Prudential Value Discovery Fund 11.6% 14.3% 12.9%
Anoop Bhaskar UTI MF UTI Equity Fund, UTI Mastershare Unit Scheme 13.5% 17.2% 15.1%
Vinit Sambre DSP MF DSP India T.I.G.E.R. Fund, DSP Focus Fund 15.8% 19.4% 16.7%
Harsha Upadhyaya Kotak MF Kotak Bluechip Fund, Kotak Equity Opportunities Fund 12.1% 15.6% 14.5%
Rahul Baijal Nippon India MF Nippon India Multi Cap Fund, Nippon India Large Cap Fund 11.9% 16.8% 15.3%
Suresh Soni Baroda MF Baroda ELSS 96, Baroda Multi Cap Fund 10.7% 14.1% 13.2%
Vetri Subramaniam UTI MF UTI Value Opportunities Fund, UTI Dividend Yield Fund 14% 18.44% 18.68%

How do Mutual Fund Managers Invest?

Mutual fund managers apply an organized and controlled financial method to handle their funds' stocks. Their business process usually includes the following steps:

● Define investment goals and risk profile: Fund managers create clear investment objectives and risk factors based on the fund's mission and client preferences.
● Conduct in-depth study: Extensive research is undertaken on various sectors, businesses, and companies to find possible investment chances that fit the fund's goals.
● Create and handle the portfolio: Based on their study and analysis, fund managers create a well-diversified portfolio by choosing stocks that meet the fund's investment requirements. They regularly watch and change the stock as market conditions shift.
● Risk management: Fund managers employ various risk management techniques, such as diversity, hedging, and position sizes, to minimize possible losses and manage stock instability.
● Success evaluation and reporting: Fund managers regularly measure the success of their investments against relevant standards and provide monthly reports to clients.

Factors to Remember While Choosing a Fund Manager

When choosing a Top Fund Managers in India to give your finances, it is essential to consider the following factors:

● Investment theory and strategy: Evaluate the fund manager's investment philosophy, method, and risk management strategies to ensure agreement with your investment goals and risk tolerance.
● Track record and performance: Assess the fund manager's past success, stability, and ability to produce profits across different market cycles.
● Experience and expertise: Consider the fund manager's years of experience, school background, and industry expertise, as these factors can add to their financial decision-making skills.
● Fund management style: Understand the fund manager's investment style, whether it is value-oriented, growth-focused, or a mix of both, and ensure it fits your financial goals.
● Risk-adjusted returns: Evaluate the fund manager's success with the amount of risk taken, as better returns alone may not be sustainable if followed by excessive risk.

What are the Qualities of the Best Fund Managers?

Successful fund managers hold unique skills, knowledge, and traits that allow them to handle complicated financial markets and achieve excellent results. Some of the critical characteristics of the best fund managers include:
● Analytical prowess: The ability to evaluate vast amounts of data, spot trends, and extract valuable insights is crucial for making informed business choices.
● Controlled approach: Top fund managers stick to a controlled investment process, maintaining neutrality and avoiding emotional flaws that could lead to bad decision-making.
● Risk management expertise: Effective risk management is a trait of great fund managers. They keenly understand risk and employ strategies to reduce possible losses while capitalizing on chances.
● Adaptability: The best fund managers are flexible and can change their investment strategies to changing market conditions, ensuring their portfolios stay strong and match growing market trends.
● Continuous learning: Top fund managers are lifelong learners, constantly seeking new information and staying informed of industry developments, legal changes, and rising trends.
● Communication skills: Effective communication is essential for fund managers to communicate their financial strategies, results, and ideas to clients and partners.

Conclusion

As we enter 2024, the role of top fund managers in India will be important in managing the difficulties of the financial markets. With their knowledge, focused approach, and dedication to consistent results, these skilled professionals will be valuable assets for investors looking to achieve their financial goals. By carefully considering factors such as investment theory, track record, risk management strategies, and personal traits, investors can identify the top fund managers best suited to handle their investments and guide them towards financial success.
 

 

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Disclaimer: Investment/Trading in securities Market is subject to market risk, past performance is not a guarantee of future performance. The risk of loss in trading and investment in Securities markets including Equites and Derivatives can be substantial.

Frequently Asked Questions

How do Fund Managers pick where to invest? 

How is a mutual fund manager different from India's best mutual fund expert? 

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