PSU equity mutual funds lose up to 17% in three months. Still invested?
mutual funds have offered a negative average return of around 13.34% in the last three months. Five PSU mutual funds have marked their presence in the market over the last three months.
Quant PSU Fund lost the most of 17.68% in the last three months. CPSE ETF, the largest PSU fund based on assets managed, delivered a negative return of around 14.85% in the mentioned period.
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View Details» <div data-placement=«Mid Article Thumbnails» data-target_type=«mix» data-mode=«thumbnails-mid» style=«min-height:400px; margin-bottom:12px;» class=«wdt-taboola» id=«taboola-mid-article-thumbnails-115647777»>Also Read | 10 key ratios to consider when choosing a MF for investment
Aditya Birla SL PSU Equity Fund lost 13.32% in the same time frame. Invesco India PSU Equity Fund, the oldest PSU fund, posted a negative return of 12.57% in the same period. SBI PSU Fund and ICICI Prudential PSU Equity Fund lost 11.04% and 10.60% respectively in the last three months.
These funds have delivered stellar performance in the long term. After this performance, many investors made investments in these funds. So, after a stellar performance what factors affected the performance of these funds?
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