Why Picking the "Best" Mutual Fund Is the Wrong Goal

About this episode

The episode discusses why avoiding the worst mutual funds is more important than finding the best ones and offers insights on effective mutual fund investment strategies.

Most investors obsess over finding the best mutual fund to invest in. But what if avoiding the worst fund matters far more than picking the absolute best? In this episode, host Shrey Chandra sits down with Deepak Shenoy (Founder & CEO, Capitalmind Mutual Fund) and Anoop Vijaykumar (Head of Equity & Fund Manager, Capitalmind Mutual Fund) to tackle one of the most searched questions in personal finance: how to pick mutual funds that actually deliver long-term returns — without constantly second-guessing your choices. Using 10 years of FlexiCap fund data across 18 funds, they reveal why even top-performing funds underperform 30–50% of the time — and why that's completely normal. They also run a "reactive investor" experiment that shows exactly how timing the market destroys returns, and what a disciplined mutual fund portfolio strategy looks like instead. What you'll learn: • The core vs. satellite portfolio framework and how to allocate across funds smartly • Why mutual fund underperformance doesn't always mean you should exit — and when it does • How fund size and AUM can quietly cap your returns — and the red flags to watch • Corporate governance issues and fund manager changes…

People in this episode

Host: Shrey Chandra

Guests: Deepak Shenoy, Anoop Vijaykumar

Topics covered

• mutual funds
• investment strategy
• portfolio management
• long-term returns
• market timing
• fund performance

Keywords

• mutual funds
• investment
• portfolio strategy
• fund performance
• market timing
• long-term returns
• FlexiCap fund data

Mentioned in this episode

Organizations: Capitalmind Mutual Fund, Capitalmind

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