![2015 best performing mutual funds 2015 best performing mutual funds](https://www.capitalmind.in/wp-content/uploads/2021/02/Franklin-Asian-Equity-Fund-Performance-600x205.jpg)
"The only challenge is to maximise your reach. Its AUM was Rs 360 crore on September 30. This despite the fact that Quantum Long Term Equity Fund is one of the best performing funds in its category. Investors should have all options," he says. There could be investors who do not want to invest 40% funds in foreign stock markets. There are investors who want to invest in pure mid-cap or pure large-cap funds. "I believe there should be different strokes for different folks. However, Meenakshi, whose is an online distributor of financial products, says he is ambivalent about the single fund strategy. He further says that unlike shareholder AGMs, which are held at one place once a year, the fund has held three AGMs in separate places. Srikanth Meenakshi, founder and chief operating officer,, says directly interacting with investors, especially when the scheme has not done as well as others in the category, is a bold move. Sebi has increased the minimum net worth requirement for mutual funds from Rs 10 crore to Rs 50 crore. The AGMs discussed the fund house's plans, ability to meet the high net worth criterion set by the Securities and Exchange Board of India (Sebi), investment strategies and other operational issues. Parikh says they are trustees of the funds and offer themselves to investor scrutiny through AGMs. In an effort to communicate directly with investors, the fund house held AGMs of unit holders in Chennai, Bengaluru and Mumbai in November. This has helped us attract serious long-term investors," says Parikh.
![2015 best performing mutual funds 2015 best performing mutual funds](https://www.relakhs.com/wp-content/uploads/2019/11/Top-Performing-best-ELSS-Tax-saving-mutual-funds-2020-21.jpg)
We give no illusions that we are good at making a fast buck. Our communications are clear that only investors with a long time horizon should invest. "Our investment philosophy is adhering to the time-tested principle of long-term investing. The emphasis is on investing for the long term so much so that the Scheme Information Document (SID) says the fund is not suitable for those with an investment horizon of less than five years. Our research team is structured on sector lines and analysts look at companies in their sectors across geographies," says Parikh. Many companies listed overseas also earn a lot of revenue in India and other emerging markets. Some of the best-known Indian groups have huge global operations.
![2015 best performing mutual funds 2015 best performing mutual funds](https://img.etimg.com/photo/msid-50054050,quality-100/.jpg)
"Our belief is that in today's globalised world the country of listing does not matter much.