The schemes managed by former HDFC Mutual Fund chief investment officer Prashant Jain continue to remain in the pink of health, a year after the star fund manager’s departure, rewarding investors who have stayed put.
Jain’s funds had made a strong comeback in the post-Covid rally, with his fundamental-driven, value approach and PSU bets paying off after a prolonged period of underperformance between 2015 and 2020. He stopped managing these funds at the end of July last year.