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Getting back to cuisine talk. Do you stop frequenting the Udupi joint round the corner just because a new cook cooked your favourite appam even if it was to your liking?

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Getting back to cuisine talk. Do you stop frequenting the Udupi joint round the corner just because a new cook cooked your favourite appam even if it was to your liking?

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Similarly, there is not much reason to opt out of a fund just because it has a new manager. Managers usually work to the fund house’s objective set for a scheme. However, do keep track what the new manager is upto. Is the manager handling the portfolio in a way that it reflects the fund’s objectives? If the new manager churns the portfolio upside down, it might mean more capital gains distributions, and hence more taxes. Obviously then, (and before appams start tasting like idlis) time you looked for another fund.

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