Why Morningstar Awards remind me of Govinda

Hat Tip : Amit Arora

Morningstar had an Awards Function recently where it dished out awards to Mutual Funds in various categories.

Mirae Asset Emerging Bluechip was the winner in the Equity Small & Mid-Cap categories.

Its Fund Fact Sheet for Feb 2017 makes for interesting reading:


How can a Mutual Fund whose top 10 holdings include 4 stocks in the Nifty be classified as “SmallCap/Midcap” ?

Or maybe the Fund has these stocks in the perverse hope they will go from large cap to small cap !

Anyways, these Awards remind me of a very memorable interview of Govinda.

Once Govinda, the once very popular Bollwood star, was asked by an interviewer:

Q:Aap Ko ab tak koi Filmfare award kyon nahi mile?

He replied: Lekin maine paise bhi toh nahi diye !

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