Equity mutual funds delivered up to 7% returns last week. Check top 10
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Weekly performance
Equity mutual funds delivered up to a 7% return last week (August 24 to August 29). There were 621 funds, of which 426 funds gave positive returns, nine funds gave no returns, and 186 funds gave negative returns. (Source: ACE MF)
2/9
Nippon India Taiwan Equity Fund
Nippon India Taiwan Equity Fund, an international fund, delivered the highest return of around 6.56% in the said time period.
3/9
Two from Edelweiss Mutual Fund
Edelweiss US Technology Equity FOF and Edelweiss Greater China Equity Off-shore Fund gave 3.86% and 2.92% returns respectively in the said time period.
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4/9
Two international funds
Mirae Asset Global X Artificial Intelligence & Technology ETF FoF and Axis Greater China Equity FoF gave 2.89% and 2.85% returns, respectively, during that period.
5/9
LIC MF Healthcare Fund
LIC MF Healthcare Fund, a healthcare sector-based fund, delivered a return of 2.64% during that period.
6/9
Motilal Oswal Contra Fund
Motilal Oswal Contra Fund, a contra-based fund, delivered a return of 2.61% in the same period.
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Samco Active Momentum Fund
Samco Active Momentum Fund, a momentum-based fund, delivered a return of 2.48% during that time period.
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Last two
Bajaj Finserv Healthcare Fund and Samco Special Opportunities Fund gave 2.44% and 2.41% returns, respectively in the said time period.
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Two that lost the most
ICICI Pru Strategic Metal and Energy Equity FoF and Kotak International REIT Overseas Equity Active FOF lost the most in the said time period, at around 2.46% and 2.16%, respectively.