Equity mutual funds lose up to 13% in a week; sectoral and thematic funds lead the decline. Check top 10 losers
1/8
Market movement
In the said time period, Nifty 50 and BSE Sensex were down 1.10% and 1.18%, respectively. Dow Jones, Hang Seng, and DAX were down 1.41%, 1.19%, and 0.62%, respectively. Nasdaq and S&P 500 gained 2.79% and 1.12%, respectively.
2/8
Mirae Asset S&P 500 Top 50 ETF FoF
Mirae Asset S&P 500 Top 50 ETF FoF lost the most, falling around 13.09% in the said time period.
3/8
Franklin India Technology Fund
Franklin India Technology Fund, a tech sector based fund, lost 3.84% in the mentioned time period.
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4/8
LIC MF Banking & Financial Services Fund
LIC MF Banking & Financial Services Fund, a banking sector fund, delivered a negative return of 3.83% in the said time period.
5/8
UTI Innovation Fund
UTI Innovation Fund, a thematic fund, delivered a negative return of 3.75% in the mentioned time period.
6/8
WOC Digital Bharat Fund
WOC Digital Bharat Fund, a tech sector based fund, delivered a negative return of 3.47% in the mentioned time period.
7/8
Four banking and financial services sector based funds
DSP Banking & Financial Services Fund, Motilal Oswal Financial Services Fund, Tata Banking & Financial Services Fund, and Groww Banking & Financial Services Fund lost between 3.29% and 3.46% in the said time period.
8/8
Tata Digital India Fund
Tata Digital India Fund, a tech sector based fund, delivered a negative return of 3.23% in the mentioned time period.