Think of mutual fund managers like cricketers. One may score centuries in a series but slump in the next. Should he be benched instantly? No. If he has strong technique and temperament, you back him through rough patches. Similarly, a well-managed fund might falter temporarily but its long-term strategy could still play out strongly. Churning funds is akin to rotating the playing XI every match.
True wealth creation comes from:
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Selecting funds aligned with your personal goals and risk profile.
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Staying invested long enough for compounding to work in your favour.
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Avoiding unnecessary churn and emotional decision-making.
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Taking advise from a trustworthy and competent adviser, who doesn’t promise best-performing funds but stays with the investors through ups and downs of the markets.
