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.
Nine big financial changes that you must watch out for in October
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