Fund manager tenure
How long the longest-serving current manager has run the scheme.
What it measures
Most schemes list more than one fund manager. MFIC's tenure is the number of years since the longest-serving current manager started managing the scheme, from the dates in the Scheme Summary Document.
In MFIC
Each scheme's Fund Manager tab lists all current managers, their roles and start dates, and the other schemes each one manages, with 3-year returns beside the category median. Every manager also has a page under Fund managers.
How to read it
A scheme's long-term record says more about the current team when the team has been in place for most of that record. Returns before a manager joined are not theirs.
Limitations
Names are matched as written in the documents; changes are recorded by MFIC from October 2026 onwards.
Fund manager tenure by category today
Spread of fund manager tenure across Regular-plan schemes in each category, calculated by MFIC from AMFI NAVs as of 2 Oct 2026. The middle half of schemes falls between the 25th and 75th percentiles.
| Category (Regular plans) | Schemes | 25th percentile | Median | 75th percentile |
|---|---|---|---|---|
| Large Cap | 7 | 2.9 y | 4.2 y | 5.2 y |
| Large & Mid Cap | 6 | 1.3 y | 4.0 y | 10.1 y |
| Flexi Cap | 7 | 1.2 y | 2.6 y | 5.2 y |
| Multi Cap | 6 | 1.5 y | 3.3 y | 4.1 y |
| Mid Cap | 7 | 2.1 y | 4.2 y | 9.5 y |
| Small Cap | 7 | 1.7 y | 3.0 y | 10.3 y |
| ELSS | 7 | 4.3 y | 7.9 y | 11.2 y |
| Focused | 7 | 0.6 y | 2.7 y | 5.7 y |
| Value | 6 | 0.8 y | 2.5 y | 5.0 y |
| Aggressive Hybrid | 8 | 2.9 y | 4.4 y | 8.3 y |
| Balanced Advantage | 6 | 2.8 y | 3.6 y | 5.2 y |
| Index Fund | 67 | 1.3 y | 2.6 y | 4.5 y |
Use it in MFIC
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Related: Category consistency · Methodology