Equity mutual funds soar up to 28% in a week; check top 9 schemes with 20%+ returns

Equity mutual funds rallied up to 28% last week (May 11 to May 15), with international funds leading the return chart. Here are the top nine performers with 20% plus gains (Source: ACE MF).

Motilal Oswal Nasdaq 100 FOF and Mirae Asset Global X Artificial Intelligence & Technology ETF FoF delivered returns of around 28.31% and 27.91%, respectively, over the last week.

Edelweiss US Technology Equity FOF, a tech-sector-based passive fund, delivered a return of 24% over the mentioned time frame.

Mirae Asset NYSE FANG+ ETF FoF, Invesco India – Invesco Global Consumer Trends FoF, and Navi Nasdaq 100 US-specific Equity Passive FoF delivered returns of 22.50%, 22.49%, and 21.59%, respectively, last week.

Nippon India Taiwan Equity Fund, the topper of FY26, delivered a return of 21.11% last week.

Kotak US-specific Equity Passive FoF and Invesco India – Invesco EQQQ NASDAQ-100 ETF FoF delivered returns of 20.24% and 20%, respectively.

Out of the other 605 funds, 455 delivered positive returns ranging from 0.07% to 19.89%, one failed to deliver any return, and nearly 149 funds delivered negative returns ranging from 0.02% to 5.63%.