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  • News From Press Smart diversification, trending stocks at right prices help funds deliver on SIPs

    Smart diversification, trending stocks at right prices help funds deliver on SIPs

    In the three-year and five-year time-frames, in the multi-cap category, the SIP returns of Parag Parikh Long-term Equity Fund have been considerably higher than the category average.
    The Economic Times Nov 26, 2020

    What’s the recipe for persistent success with SIPs? Fresh ideas and fresh faces, the concentration of portfolio, and intelligent diversification. So, change in fund managers — or, fresh ideas and fresh faces — has played a role in some funds outrunning others in one, two and five-year timeframes. New fund managers bought into stocks that were “flavours of the market” at good price points. Mirae, Canara Robeco and Axis Mutual Fund, for instance, had appointed new fund managers over the past five years and outscored others.

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