There have been round 621 fairness and equity-oriented schemes in March. Out of this round 295 fairness schemes supplied detrimental returns. Listed below are the ten fairness schemes that misplaced greater than 4% in March, in keeping with ACE MF.
ETMarkets.com
2/8
Aditya Birla SL Digital India Fund
This fund topped the laggards listing because it misplaced round 5.21% in March. The scheme is a know-how sector-based scheme.
iStock
3/8
Samco Energetic Momentum Fund
This thematic fund misplaced round 5.16% in March. Launched in July 2023, the scheme manages belongings of Rs 756 crore as on February 29, 2024.
IANS
This smallcap fund misplaced round 4.79% in March. The scheme manages belongings of Rs 13,709 crore.
Getty Photographs
This banks & monetary companies sector primarily based scheme misplaced 4.64% in March. Launched in June 2023, the scheme manages belongings of Rs 432 crore.
Getty Photographs
6/8
Mirae Asset Hold Seng TECH ETF FoF
This worldwide fund misplaced 4.40% in March. Launched in December 2021, the scheme manages belongings value Rs 75 crore.
iStock
7/8
Two know-how funds
Two know-how funds – SBI Know-how Opp Fund and ICICI Prudential Know-how Fund – misplaced round 4.30% and 4.26%, respectively in March.
iStock
8/8
Three from Quant Mutual Fund
Three schemes from Quant Mutual Fund – Quant Consumption Fund, Quant Small Cap Fund, and Quant Teck Fund – misplaced round 4.20%, 4.11%, and 4.09%, respectively within the final month.
