Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment insights, today announced the winners for the 2024 Morningstar Awards for Investing Excellence in India. The awards recognise funds and asset managers that have served investors well over the long term and which Morningstar’s manager research team believes will be able to deliver strong risk-adjusted returns over time.
“The Morningstar Awards for Investing Excellence commends the industry’s fund offerings and investor-centric firms. Based on Morningstar’s forward-looking ratings for funds, the Morningstar manager research team carefully select the winners across equity and fixed income categories, as the leading funds within India for investors. We’d like to congratulate all winners and finalists of this year’s awards.” said Kaustubh Belapurkar, Director Manager Research, Morningstar Investment Research India Private Limited (formerly known as Morningstar Investment Adviser India Private Limited)
There are two types of Morningstar awards: the Morningstar Category Awards and the Morningstar Asset Manager Awards.
The 2024 Morningstar Awards for Investing Excellence award winners in India are:
Morningstar Category Awards |
Winner |
Best Large-Cap Equity Fund |
ICICI Prudential Bluechip Fund |
Best Flexi Cap Equity Fund |
Parag Parikh Flexi Cap Fund |
Best Small/Mid-Cap Equity Fund |
HDFC Mid-Cap Opportunities Fund |
Best Short Duration Fund |
ICICI Pru Short Term Fund |
Best Corporate Bond Fund |
Nippon India Corporate Bond Fund |
Best Medium to Long Duration Fund |
Kotak Bond Fund |
Best Asset Manager Awards
Morningstar Category Awards |
Winner |
Best Asset Manager |
SBI Funds Management Ltd. |