Mutual Fund Managers Invest in their Own Schemes?

Recently Value Research studied the actively managed equity funds to assess, where fund manager and board of directors of the fund houses have invested their own money. Study showed that in 113 equity funds with total asset under management of 5.5 lakh Crore, near about of 2,069 crore amount has been invested by board of directors, fund managers and other key managerial personnel.

It indicates that fund houses definately encourage senior management to invest in their own funds.

This will surely give confidence to retail investors.

Top 10 board of directors investments in their own funds

top 10 fund managers investments in their own funds
    Source: Mutual fund insight Sep 2018

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