8.39What is fund manager experience?
1What is it?
The track record and tenure of the person managing the fund.
2Why does it exist?
A fund’s past record belongs to the manager who built it. If they leave, the future may differ.
3Practical use
Check how long the current manager has run the fund, their record on other funds, and whether the AMC has a consistent process.
4Quick revision
- Tenure and record matter.
- Manager change = re-evaluate.
5Knowledge check
Q1. Why does a manager change matter?Show answer
Past performance may not continue.
Q2. Where to find the manager?Show answer
Scheme factsheet or AMC website.
Q3. Does it matter for index funds?Show answer
Much less.