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Avoid overreaction to HDFC MF CIO Prashant Jain's exit, say experts

However, what investors got in his funds was fidelity to a fund management style that worked over the long term

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Illustration by Binay Sinha

5 min read Last Updated : Jul 23 2022 | 12:04 AM IST

Prashant Jain, who resigned from the post of chief investment officer (CIO) of HDFC Mutual Fund on Friday, is among the mutual fund industry’s most high-profile and celebrated fund managers.

Only a few days ago, he became the first fund manager in the country to cross the landmark of managing more than Rs 1 trillion in equity assets across four funds -- three for Indian investors and one for a sovereign wealth fund.

Jain also holds the track record for having managed a single fund for a longer duration than any other fund manager in the country. He began managing

Topics : HDFC Mutual Fund Personal Finance

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