India-focused offshore equity funds and ETFs struggle in 1 year. Check bottom 5 performers

Over a one-year period, the India-focused offshore funds and ETF category delivered a negative return of 14.4%, thereby underperforming the MSCI India USD Index, which fell by 12%. The funds that were the worst performers over the one-year period were those having reasonable exposure to mid and smallcap stocks, according to Morningstar Offshore Fund Spy report for the quarter ended March 2026.

KB India Representative Grw Stk Mstr Eq offered a negative return of around 22.8% in the last one year and had an AUM of 8 USD Million as on March 2026.

KB India Feeder Equity A offered a negative return of around 23.5% in the similar time period and had an AUM of 10 USD Million as on March 2026.

UTI India Innovation USD Instl Acc clocked a negative return of 24.5% in the mentioned time period and had an AUM of 31 USD Million.

UTI India Future Catalyst A Acc offered a negative return of 24.6% in the mentioned period and had an AUM of 11 USD Million as on March 2026.

Eagle India Investments Sharia I Ltd A delivered a negative return of around 25.1% in the said period.