equity mutual funds lost over 15% in the last six months, an analysis of the performance showed. There were around 271 equity mutual funds in the mentioned period, of which 266 gave negative returns in the same period. In other words, only five schemes gave positive returns up to 7% in the last six months.
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The top losers were from the same fund house — Quant Mutual Fund. Quant ELSS Tax Saver Fund lost the most in the last six months of around 19.08%, followed by Quant Active Fund which lost 18.37% in the same period.
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Quant Value Fund and Quant Flexi Cap Fund offered a negative return of around 17.82% and 17.69% respectively in the last six months. Samco Flexi Cap Fund, a flexi cap fund, posted a negative return of around 17.65% in the above mentioned period.
Motilal Oswal Focused Fund gave a negative return of around 17.58% in the last six months, followed by Samco ELSS Tax Saver Fund which lost 17.52% in the same period. Shriram Flexi Cap Fund and Quant Mid Cap Fund lost 17.21% and 17.04% respectively in the said period.
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