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Downward Spiral

There are 471 lively fairness mutual funds available in the market as of February 2024 and round 150 of them provided damaging returns, in line with the information by ACE MF. Listed below are six fairness mutual fund schemes that misplaced over 7% in 2024 thus far.

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Mahindra Manulife Asia Pacific REITs FOF

This worldwide fund has misplaced probably the most of round 10.79% in 2024 thus far. The scheme manages an asset base of Rs 22.90 crore as of February 29, 2024.

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Mirae Asset Cling Seng TECH ETF FoF

This fund misplaced round 9.76% in 2024 thus far. The scheme manages belongings price Rs 75.30 crore as of February.

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HSBC Brazil Fund

This worldwide fund misplaced 9.13% in 2024 thus far. The scheme has an asset base of Rs 41.08 crore as on February 29, 2024.

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DSP World Mining Fund

This worldwide fund is on the checklist for dropping round 7.66% in 2024 thus far. The scheme had an asset base of Rs 140.02 crore.

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UTI Small Cap Fund

This smallcap fund misplaced round 7.22% in 2024 thus far. The scheme manages belongings price Rs 3,652 crore as on February 29, 2024.

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LIC MF Banking & Monetary Companies Fund

This banking & monetary companies fund misplaced 7.19% in 2024 thus far. The scheme manages an asset base of Rs 295. 28 crore.