This study examines the influence of the network centrality of Indian mutual fund managers within their alumni network of peers and corporate directors on their funds’ performance. It also explores whether the gender of fund managers moderates the impact of centrality on performance. Utilising System-GMM, the study shows that more central fund managers (more connected and having better access to information) leverage informational advantages to manage their investment styles (market, size, value, and momentum), resulting in superior risk-adjusted fund performance (measured by Alpha). Although female fund managers tend to achieve higher risk-adjusted fund performance (measured by Sharpe and Sortino ratios), they appear less exploitative and more risk-averse than their male counterparts. The findings suggest that investors are generally unaware of these advantages, since the fund flows are not notably affected by fund managers’ centrality. It implies that fund managers do not significantly profit from their network connectedness in terms of more subscriptions to their funds.