Fund Selection Techniques

The mutual fund industry has 38 fund categories with more than 1,000 schemes. Within each category, there are funds which are run with different style and mandates. Thus, shortlisting funds can be overwhelming. Typically, many investors tend to follow the herd when it comes to choosing funds. Morningstar Direct is powerful research software that offers in depth data, trends and reports which make sifting funds easier. Further, fund selection is neither pure science nor purely an art. The answer lies somewhere in between. Building a robust fund selection framework through a rigorous quantitative shortlisting tool must be augmented with a thorough qualitative analysis to pick funds. In the forthcoming webinar to be held on Wednesday, 26th May 2021 at 4 PM IST, Gaurav Awasthi, Senior Partner, Product Development at IIFL Wealth, and Roopali Prabhu, Chief Investment Officer at Sanctum Wealth Management will share how they use Morningstar Direct to enhance their research capabilities and select the right funds for their clients. The session will be moderated by Kaustubh Belapurkar, Director – Manager Research, Morningstar Investment Adviser India.