These 10 equity mutual funds lost more than 4% in March

Apr 05, 2024, 05:31:01 PM IST1/8

The laggards

There were around 621 equity and equity-oriented schemes in March. Out of this around 295 equity schemes offered negative returns. Here are the 10 equity schemes that lost more than 4% in March, according to ACE MF.

2/8

​Aditya Birla SL Digital India Fund

This fund topped the laggards list as it lost around 5.21% in March. The scheme is a technology sector-based scheme.

3/8

​Samco Active Momentum Fund

This thematic fund lost around 5.16% in March. Launched in July 2023, the scheme manages assets of Rs 756 crore as on February 29, 2024.

4/8

​DSP Small Cap Fund

This smallcap fund lost around 4.79% in March. The scheme manages assets of Rs 13,709 crore.

5/8

​Quant BFSI Fund

This banks & financial services sector based scheme lost 4.64% in March. Launched in June 2023, the scheme manages assets of Rs 432 crore.

6/8

​Mirae Asset Hang Seng TECH ETF FoF

This international fund lost 4.40% in March. Launched in December 2021, the scheme manages assets worth Rs 75 crore.

7/8

​Two technology funds

Two technology funds – SBI Technology Opp Fund and ICICI Prudential Technology Fund – lost around 4.30% and 4.26%, respectively in March.

8/8

​Three from Quant Mutual Fund

Three schemes from Quant Mutual Fund – Quant Consumption Fund, Quant Small Cap Fund, and Quant Teck Fund – lost around 4.20%, 4.11%, and 4.09%, respectively in the last month.

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