Does A Fund Managers Exit Matter?

As Ron Chernow, an American writer and journalist put it, “Mutual fund managers are trapped in this rather deadly vicious circle – the more successful they are, the more money flows into their mutual fund. Then, it is more difficult for them to beat the market averages or even to match their past performance.” In the India of today, mutual funds have become one of the greatest investment instruments to democratise wealth. It is a profitable platform with the potential to turn your hard-earned money into a fortune over time.