Meet the Best Mutual Fund Managers in India | 5paisa (2024)

Introduction

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.

Top 10 Best Mutual Fund Managers in India (H2)

Following is a list of top 10 mutual fund managers in India as per 2022:

Factors to Remember While Choosing a Fund Manager

Following are some of the factors that you should consider while selecting a funds manager:

1. Track Record of the Fund Manager: The manager's track record demonstrates his abilities. Consistently positive returns over time demonstrate his ability to deal with a variety of market circ*mstances. This is when previous experience comes in help. Managers having a longer tenure might draw on their past market cycle knowledge to identify possibilities and risks.

2. Investment Methods: What is the manager's approach to managing his portfolio? Is he always fully invested, or does he make bold cash calls? Is he a contrarian picker, or does he primarily follow the index? A management must adhere to his or her concept. Even in the face of hardship, a fund manager who adheres to his underlying idea will generate long-term success.

3. Investment Time-Period: Who would you choose: a manager that periodically rebalances the portfolio or one who holds onto investments over the long term? Choose the latter since owning a share for a longer time demonstrates decision-making certainty. He may use it to maximize the possibilities of his selections. The fund's transaction expenses rise as a result of frequent churning.

4. Market Knowledge: Make it certain that the fund manager you select has extensive market expertise, is aware of current investment strategies, and is aware of the numerous dangers involved. Taking the advice of someone who is unfamiliar with market policies does not make logical sense.

5. Transparency and Honesty: An excellent fund manager is open and forthright with his clients. One should not attempt to perplex his client by employing complex terms and professional lingo. A fund manager should be dependable.

Here are the top 10 fund managers information in India

1. Sankaran Naren

He is in charge of both the foreign advice business and mutual funds' investing responsibilities. He was instrumental in the conception and implementation of the company's overall investment strategy.He has received multiple fund management honors and is an outspoken supporter of Indian financial markets. His views on macroeconomics and markets have appeared often in local and international media.

2. R. Srinivasan

In May 2009, R Srinivasan joined SBI Funds Management as a Senior Fund Manager and is now the Head of Equity. He has almost 25 years of equities market expertise, having worked with firms such as Future Capital Holding, Principal PNB, Oppenheimer & Co (later Blackstone), Indosuez WI Carr, and Motilal Oswal, among others.

3. Sohini Andani

Sohini began her career at SBIFM in 2007 as Head of Research before being promoted to Portfolio Manager in 2010. Before joining SBIMF, she was a senior research associate at ING Investment Management.She has over 11 years of expertise in sell-side research.

4. Harsha Upadhyaya

Mr. Harsha Upadhyaya has 23 years of verifiable experience in stock research and fund management. He has worked for companies such as DSP. Previously, BlackRock Investment Managers, Prabhudas Lilladher Pvt. Ltd, SG Asia Securities, Reliance Group, and UTI Asset Management Co. Ltd. He earned a Bachelor of Engineering in Mechanical from the National Institute of Technology, Surathkal, a Post Graduate Management degree in Finance from the Indian Institute of Management, Lucknow, and a Chartered Financial Analyst accreditation from the CFA Institute.

5. Manish Gunawan

Mr Gunwani has a PGDM as well as a B.Tech.Prior to joining Nippon India Mutual Fund, he worked as a fund manager and analyst for ICICI Prudential Mutual Fund at Vicisoft Technologies, Lehman Brothers, Brics Securities, Lucky Securities, SSKI Securities, and Prime Securities.

6. Chandraprakash Padiyar

Chandraprakash Padiyar joined Tata Asset Management in September 2018 as a senior fund manager (equities). He has over 19 years of experience managing finances and conducting research. He has finished The CFA Institute's CFA Program at all three levels and possesses an M.B.A. in Finance from the Symbiosis Institute of Business Management.

7. Aniruddha Naha

Naha holds a master's degree in finance and control. Aniruddha Naha works with PGIM India Asset Management Pvt. Ltd. as a senior equity fund manager. He is in charge of the PGIM India Diversified Equity Fund and PGIM India Midcap Opportunities Fund. Aniruddha has a master's degree in finance and control and more than 18 years of professional experience in the stock and debt markets.

8. Jinesh Gopani

Jinesh is the Head of Equity at Axis AMC. Gopani. He joined Axis AMC in 2009 as an equities fund manager and was promoted to head of equity in 2016. Among other funds, he oversees and manages the flagship Axis Long Term Equity Fund.
Jinesh formerly worked with Birla Sunlife AMC as a portfolio manager, where he was in charge of alternative assets for the growth, value, and dividend baskets.

9. Ankit Agarwal

Mr. Agarwal holds degrees in economics, management, computer science, and engineering, as well as finance (PGDM). Before joining UTI Mutual Fund, he worked at Centrum Capital Ltd as Senior Vice President - Fund Manager, Wealth and Investment Management at Barclays as Asst Vice President, Lehman Brothers, London as Senior Analyst, BNP Paribas, and D. E. Shaw & Co.

10. Shreyash Devalkar

Shreyash Devalkar is the Senior Fund Manager of Axis AMC. In 2017, he took over management of key funds such as the Bluechip Fund, Midcap Fund, and Multicap Fund after joining the AMC in 2016. Prior to this, he worked as a fund manager with BNP Paribas AMC for almost 5 years. He also worked as a research analyst at IDFC Asset Management Company and IDFC Securities from July 2008 until January 2011. (Sept 2005 to July 2008).

What are the Qualities of the Best Fund Managers?

Following are some of the qualities that is common in all the best fund managers:

1. Analytical Understanding

Data interpretation and analytics are important aspects of the work. There are several situations and strategies that must be explored in order to generate a variety of results. A mindset designed for analytics is important for a good fund manager. Furthermore, understanding trajectories and linking events, as well as their impact on the market, is critical.

2. Keeping Things Organized

Portfolio management necessitates a thorough comprehension of complex data and market numbers. Furthermore, the market changes extremely instantaneously, necessitating constant updates.Having said that, it's fair to state that remaining organized may be difficult. Prioritization and attention are essential qualities for a successful fund manager.

3. Experience

One of the most significant qualities to check for in a good fund manager is market expertise. You want someone who has been trading successfully in the market for a period of time. You should be able to look at their past record and observe consistent increase in the funds they have handled. They must grasp the value of diversification and be able to pick appropriate investments.

4. Integrity

Integrity is another important attribute in a good fund manager. Investors want to know that their funds are secure and that the investing strategy they were given will be followed. Mutual funds are preferred by investors due to their diversification and greater safety in comparison to other market assets. An unethical fund manager might possibly reap the benefits of all of the funds allocated to them. This might put them in a lot of precarious circ*mstances. These scenarios will necessitate the highest level of honesty at all times.

5. Self-Confidence

To be a competent fund manager, one must have an extraordinarily high level of self-assurance. While all careers necessitate some amount of self-assurance and ability, mutual fund managers necessitate more than the norm. As a fund manager, you deal with millions, if not billions, of money. You're dealing with affluent people's money, and they want to keep it. You're dealing with working-class retirement money. Making an error at work might have far-reaching consequences for hundreds or millions of individuals. On a daily basis, this constitutes a high-pressure situation for you. A fund manager is unlikely to be able to accomplish his work efficiently in this business if he isn't confident in his talents.

The EndNote

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.

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