homepersonal finance NewsMF Corner: Investing masterclass with Prashant Jain of HDFC AMC

MF Corner: Investing masterclass with Prashant Jain of HDFC AMC

In this episode of Mutual Fund Corner, CNBC-TV18’s Sumaira Abidi spoke to the world's longest-serving fund managers Prashant Jain, ED & CIO at HDFC AMC.

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By CNBC-TV18 Apr 13, 2021 10:23:06 PM IST (Updated)

Listen to the Article(6 Minutes)
In this episode of Mutual Fund Corner, CNBC-TV18’s Sumaira Abidi spoke to the world's longest-serving fund managers Prashant Jain, ED & CIO at HDFC AMC.

In the 27 years that Prashant Jain has been at the helm of the HDFC balanced advantage fund, he has delivered a nearly 18 percent compound annual growth rate (CAGR) - 8 percent above the benchmark.
Jain said, “People like me are constantly moving from self-confidence to self-doubt and this is an ongoing struggle in this profession. For someone to be successful in this career you need to have a good balance between the two.”
He added, “There are times you need to be confident about your decisions in the face of the majority opinion or environment not being supportive. In my experience, we seldom differ on fundamentals.”
Watch the accompanying video for more.

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