"There are only two or three human stories, and they go on repeating themselves as fiercely as if they had never happened before." —Willa Cather, O Pioneers!

This is one of the interesting quotes in storytelling that I keep thinking about.

Stories about love, revenge, survival, or the search for meaning may look different across cultures, but they are fundamentally the same - tapping into human emotions.

I keep remembering this quote as we speak to more mutual fund managers about their investing styles. You realize the strategy they follow to invest public money is fundamentally the same—buying good companies at reasonable valuations.

But each fund manager brings their own unique style. The big difference comes from how they execute their strategies. 

But can a regular DIY mutual fund investor really understand how the execution works? We all know that it is borderline impossible. But as someone investing in active funds, the least we can do is understand their broad investing philosophy and what to expect from such styles.

In this interview with Neelesh Surana, the chief investment officer at Mirae Asset Mutual Fund, he shared the fund house's investment style, their contrarian strategies, and most importantly, the performance of their funds and the reasons behind it.

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@karthikrangappa