There were around 284 equity mutual funds in the market that have completed three months of existence. Out of 284 equity schemes, 98 gave negative returns in the said period. Here are the six schemes that lost more than 4%, according to the data by ACE MF.
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2/6
Aditya Birla Sun Life Mutual Fund
Aditya Birla SL Pure Value Fund lost the most by around 6.34% in the last three months. This fund is a value fund.
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Two flexi cap funds – NJ Flexi Cap Fund and Samco Flexi Cap Fund – lost around 5.13% and 5.05% in the last three months.
IANS
Two ELSS funds or tax saving funds – NJ ELSS Tax Saver Scheme and Taurus ELSS Tax Saver Fund – lost around 4.59% and 4.23% in the last three months.
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5/6
Mahindra Manulife Large & Mid Cap Fund
Mahindra Manulife Large & Mid Cap Fund, a large & midcap fund, lost around 4.08% in the last three months.
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One should consider risk profile, investment horizon, and goal before making any investment decisions. Investments in equity mutual funds should be made for a longterm period. Past performance does not guarantee future performance.
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