Mutual funds offer many benefits to investors.
First, you do not have to pick, buy, or sell stocks by yourself; the mutual fund manager does it for you.
Second, you do not have to calculate the net value of your portfolio manually since the fund manager calculates it, and you can see it in your dashboard.
Third, professional fund managers have many years of experience in the field, and by investing in a mutual fund, you get that experience for free.
If you're wondering how to find the best fund manager in India, you are in the right article. Move ahead to check the profile and performance of the five best mutual fund managers in India.
However, before beginning the journey, it is prudent to know that simply because you have chosen the best fund manager does not ensure sky-high returns from day one. Mutual funds generally follow a benchmark/index, and the performance of the same is vital for determining the performance of your mutual fund. Hence, before investing, you must analyse the fund’s investment philosophy and make an apt decision.
The Five Best Mutual Fund Managers in India
Here are the five top-performing fund managers in India in 2021:
1. Mr Shreyash Devalkar - Axis Mutual Fund
With seventeen (17) years of experience in equity research and money management, Mr Devalkar manages the top-performing funds of Axis Mutual Fund. He joined Axis AMC in 2016 and has been successfully managing funds like Axis Bluechip Fund, Axis Flexi Cap Fund, and Axis Mid Cap Fund. Before joining Axis AMC, he has served BNP Paribas, IDFC AMC, and IDFC Securities.
The schemes managed by Mr Devalkar has consistently outperformed the benchmark. Of the three schemes he manages, Axis Mid Cap Fund has provided maximum returns. While the benchmark return of the Axis Mid Cap Fund is 20.80%, the scheme has delivered an annualised return of 25.93% (3-yr period, as of 11/11/2021).
2. Mr Vaibhav Dusad - ICICI Prudential AMC
Mr Dusad manages two best-performing funds at ICICI Pru AMC. He has more than thirteen (13) years of experience in Indian equities and money management. The ICICI Pru Technology Fund is a category leader and has retained the number one position for ten successive years.
The ICICI Pru Technology Fund has consistently provided higher-than-benchmark returns. For instance, the fund delivered 41.44% returns against the benchmark’s 22.2% (3-yr period, as of 11/11/2021).
3. Ms Meeta Shetty - Tata Mutual Fund
Ms Shetty has over fifteen (15) years of experience in managing equities. Before joining Tata AMC, she has served HDFC Securities, Kotak Securities, Asian Market Securities, and Karvy Stock Broking. Her current designation is Senior Analyst/Fund Manager. She manages two top-performing mutual fund schemes at Tata AMC - Tata Digital India Fund and Tata India Pharma & Healthcare Fund.
Both schemes managed by Ms Shetty has outperformed the benchmark by a significant margin. The Tata Digital India Fund has provided returns of 39.47% vis-a-vis the benchmark of 22.2% (3-yr period, as of 11/11/2021). The Tata India Pharma & Healthcare Fund has generated returns worth 24.48% against the benchmark returns of 9.19% (3-yr period, as of 11/11/2021).
4. Shridatta Bhandwaldar - Canara Robeco Mutual Fund
Mr Shridatta Bhandwaldar heads the equity team at Canara Robeco AMC. He has a combined experience of fourteen (14) years. Before joining Canara Robeco AMC, he worked with SBI Pension Funds, Heritage India Advisory, Motilal Oswal Securities, and MF Global Securities. He manages Canara Robeco’sRobeco’s top-performing mutual fund schemes like Flexi-Cap Fund, Equity Hybrid Fund, Bluechip Equity Fund, Small Cap Fund, etc.
Almost all schemes managed by him have provided better-than-benchmark returns. For example, the Canara Robeco Flexi Cap Fund has delivered a 24.05% return against the benchmark return of 4.49% (3-yr period, as of 11/11/2021).
5. Mr Rajeev Thakkar and Mr Raunak Onkar - PPFAS Mutual Fund
Mr Rajeev Thakkar is the Chief Investment Officer and Equity Fund Manager at PPFAS Mutual Fund. He has more than 25 years of experience in investment banking, fixed income, broking operations, and PMS (Portfolio Management Services). With over ten (10) years of capital market experience, Mr Onkar is the fund manager for overseas investments. Mr Thakkar and Onkar jointly manage the Parag Parikh Flexi Cap Fund.
The Parag Parikh Flexi Cap Fund has been a trendsetter in it category. It has provided returns of 31.75% vis-a-vis the benchmark returns of 21.38% (3-yr period, as of 11/11/2021). The fund has consistently earned accolades for taking a unique investment approach.
Now that you know about the best fund managers in India, it’s time to select the funds managed by them and invest in a disciplined way. While selecting the best manager, you must look beyond short-term returns and evaluate factors like investment strategy, risk-adjusted returns, performance against the benchmark, entry and exit load, and expense ratio.
5paisa is the most comprehensive source of quality information and low-cost brokerage. You can find the top-performing mutual fund scheme at your fingertips and invest within five minutes. Check 5paisa link to know more.