The much-awaited Morningstar Fund Awards 2021 digital ceremony will take place on March 18, 2021. Winners from four fund categories and three fund house categories will be adjudged with the prestigious Morningstar Fund Awards.
The year 2020 has been a tumultuous one for markets in India and around the globe. However, we have seen a sharp rebound in markets with the Indian markets gaining 100% from the March 2020 low. Morningstar Fund Awards aim to recognise not only the recent one year performance but also three year and five year track record on a risk-adjusted basis across the relevant peer group.
Do note that the smallest 10% of funds in each category are excluded from the awards based on the latest June 2020 end portfolio size. In lieu of this measure, analysts may also exclude funds with less than Rs 100 crore in assets on June 30 or the nearest date for which assets are available.
Nominees for category and fund house awards:
Best Large Cap Equity Fund
Best Medium to Long Duration Fund
Best Mid Cap Equity Fund
Best Short Duration Fund
Best Fund House: Debt
Best Fund House: Equity
Best Fund House: Overall
Watch this space for more.