Best and worst of MF schemes in last one month
Last one month has remained very tumultuous for the stock markets in India, especially after the budget presentation and increase in surcharge on the super rich. Although, it was not meant for foreign institutional investors (FIIs), they became part of the collateral damage. In the last one month, FIIs have sold equity shares worth more than Rs 20,000 crore.
The impact is clearly visible in the Indian equity markets. Most of the equity indices are down by more than 6 per cent in the last one month. Not a single equity index is in the green in the last one month. While the BSE Sensex is down by 6.7 per cent in the last one month, BSE 500 index is down by 8 per cent. Some of the sectoral funds are down by more than 14 per cent in the last one month. However, most of them are able to beat their benchmarks, except large-cap funds.
Top 5 Sectoral Performances In Terms of Returns (Last One Month)
| Category | Average of Return (%) |
| Pharma | 0.00 |
| IT | -0.06 |
| INTL | -0.92 |
| MNC | -3.84 |
| DIV Y | -4.57 |
Bottom 5 Sectoral Performances In Terms of Returns (Last One Month)
| Category | Average of Return (%) |
| Small Cap | -9.50 |
| BANK | -9.37 |
| INFRA | -8.56 |
| PSU | -8.40 |
| Energy | -7.39 |
Out of the 422 open-ended equity funds, only 16 funds were in the positive territory in the last one month and a whopping 406 funds generated negative returns in the last one month. If you exclude gold and international fund from the winners list, what remains are the funds from technology and healthcare space.
Top 5 Funds In Last One Month (in terms of returns)
| Fund | Return (%) | Net Assets (Cr) |
| ICICI Prudential Technology Fund | 1.58 | 445.05 |
| Tata India Pharma & HealthCare Fund - Regular Plan | 0.89 | 165.61 |
| Aditya Birla Sun Life Global Real Estate Fund - Retail Plan | 0.64 | 16.34 |
| DSP Healthcare Fund - Regular Plan | 0.39 | 203.22 |
| Mirae Asset Healthcare Fund - Regular Plan | 0.25 | 337.35 |
Bottom 5 Funds In Last One Month (in terms of returns)
| Fund | Return (%) | Net Assets (Cr) |
| Kotak PSU Bank ETF | -16.08 | 99.07 |
| Reliance ETF PSU Bank BeES | -16.06 | 160.52 |
| Sundaram Small Cap Fund | -12.92 | 1150.98 |
| Quant Small Cap Fund | -12.21 | 2.09 |
| CPSE Exchange Traded Fund | -12.04 | 9682.07 |