International funds lead weekly returns; frontrunner delivers over 30%. Check top 5 performers
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Weekly gains
Equity mutual funds gained over 32% last week, from September 14 to September 18, with international funds leading the return chart. Here is a detailed breakdown of the top performers, according to ACE MF.
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Two from Mirae Asset Mutual Fund
Mirae Asset S&P 500 Top 50 ETF FoF and Mirae Asset NYSE FANG+ETF FoF delivered returns of 32.47% and 5.31%, respectively, during the period.
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Nippon India Taiwan Equity Fund
Nippon India Taiwan Equity Fund, an international fund, delivered a return of 2.27% during the week.
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Groww Small Cap Fund
Groww Small Cap Fund, a smallcap fund, delivered a return of 1.26% during the period.
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Quant Focused Fund
Quant Focused Fund, a focused fund, delivered a return of 1.24% during the period.
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Negative performers
During the period, DSP World Mining Overseas Equity Omni FoF and DSP Global Clean Energy Overseas Equity Omni FoF were the biggest decliners, falling 3.11% and 2.83%, respectively. Other funds declined between 0.01% and 2.77% during the same period.