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Prashant Jain’s 80-20 formula for winning in share market: HDFC MF veteran sums up wisdom in farewell letter

One of India’s best-known and successful fund managers Prashant Jain ended his 19-year stint at HDFC Mutual Fund this week, after resigning as the chief investment officer last month, marking the end of an era in the mutual fund industry. In his parting letter to the company employees, the industry veteran talked about his journey of the last 30 years as a fund manager, and also shared some valuable investment advice. “I consider myself fortunate and blessed to end this innings on a winning note and to have achieved a seamless and smooth transition,“ Prashant Jain said. 20% effort – …

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