Equity mutual funds lost up to 6% last week. Here’s the breakup
Equity mutual funds have offered negative returns in the last week upto 6%. Sectoral and thematic funds dominated the list of negative performers. Here are 10 worst performers. (Source: ACE MF)
Aditya Birla SL PSU Equity Fund and Invesco India PSU Equity Fund lost around 5.98% and 5.79% respectively in the last week.
HDFC Defence Fund, the only active fund based on the defence sector, lost around 5.72% in the last week.
Taurus Infrastructure Fund, an infrastructure sector based fund, lost 5.70% in the same period.
Aditya Birla SL Banking & Financial Services Fund, a sectoral fund, lost around 5.41% in the mentioned period.
Two funds - ICICI Pru PSU Equity Fund and ICICI Pru Commodities Fund - lost around 5.40% and 5.28% respectively in the last week.
Quant PSU Fund, a PSU theme based fund, lost 5.27% in the mentioned time period.
Two funds - Taurus Banking & Fin Serv Fund and Sundaram Fin Serv Opp Fund - lost 5.24% and 5.22% respectively in the last week.
Nine funds gave positive returns ranging between 0.20% to 0.94% in the mentioned period.
