Fidelity Mutual Funds follows investment philosophy

Ashu Suyash, Managing Director and Country Head, Fidelity International, which won the award for Best Equity Fund House, says the group's achievements are the result of its investment philosophy. Since its 2005 launch in India, Fidelity has followed the parent group's 360-degree approach to investment selection. "Research forms the bedrock of our investment portfolio," says Suyash. "What we talk about is high quality and consistent returns."

Through the 'super boom' of 2007 and early 2008, the fund house opted to stay cautious. While it was not lured by the booming real estate sector, its fund managers were quick to tap the promising financial services companies, ahead of the market. "We follow an investor and not a trading approach," says Suyash. "We focus on long-term money and avoided volatile short-term money."

Fidelity as a fund house is no stranger to volatility. "But there was no need to react since very little money came in and went out during the most volatile phase of 2008 and 2009," says Suyash. "And volatility has never been a reason to sell."