A fund in which I have been investing for the past three years has changed the fund manager. How will this impact the returns on my investments in this fund?
Rituraj Kumar, Lucknow
When you invest in a mutual fund, you invest by looking at the fund’s performance history over different phases of the stock markets. A good fund from a stable fund house is capable of handling any change in fund management as the fund management exercise is fairly automated and well defined. As long as the fund sticks to its investment objective and the new fund manager manages the fund as is expected, you need not worry over the change in fund management team. However, this is a trigger for you to track the performance of the fund closely to check if it is in sync with its objective and performing the way you envisage it.
