Best Equity Mutual Fund Managers
Dalal Street Investment Journal|March 27, 2023
When it comes to mutual fund selection, a fund manager is one of the important aspects to look at before investing. A fund manager is as good as the captain of a ship. Although most of the fund houses have their own investment philosophy that guides stock selection, the fund manager plays an important role in applying his or her discretion in the stock selection process and building a robust portfolio. In this article, Henil Shah identifies some of the top equity mutual fund managers across categories
Henil Shah
Best Equity Mutual Fund Managers

After nearly two heady years of relentless uptick, the stock market experienced the jitters in 2022. Globally, inflation ballooned to unprecedented levels after years of loose monetary conditions. The flaring up of the Russia-Ukraine conflict only added fuel to the fire. Global markets that had previously binged on abundant liquidity and low-interest rates were jolted out of their trance as global central banks tamed the blaze with aggressive rate hikes. Amid this upheaval, the domestic market remained on tenterhooks, albeit exhibiting relative strength. Underlying preferences rapidly shifted away from the traditional growth stocks towards the much-ignored segment of value stocks. Sector rotation also played out faster than usual.

Nifty 50 ended the volatile 2022 in the green zone with an upside of mid-single digit but below the return given by a bank fixed deposit (FD). When the Nifty hit a 52-week low of 15,293.5 in the peak of the 2022 summer, investor portfolios were naturally bleeding but when the index zoomed over 3,519 points to hit all-time record high of 18,812.5 in 2022 winter, the smile was once again missing from the street as the mood was not so jubilant in the broader market.

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