Every equity mutual fund category offered positive average returns in the last one month, an analysis by ETMutualFunds showed. These categories gained up to 6% during the period. A total of 21 equity mutual fund categories were analyzed.
Auto sector–based funds delivered the highest average return of 6.04%. SBI Automotive Opportunities Fund is the only auto sector–based fund.
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International or global funds gave an average return of around 5.58% during the same period. Mirae Asset Hang Seng Tech ETF FoF delivered the highest return of 15.45% in the last month, followed by ICICI Prudential Strategic Metal and Energy Equity FoF, which returned 13.61%. HSBC Global Equity Climate Change FoF gave the lowest return of 0.33% in the same period.
Technology-based funds delivered an average return of 4.29% over the last month. Among 12 funds, Aditya Birla Sun Life Digital Fund gave the highest return of 5.51%, while Quant Teck Fund delivered the lowest at 2.64%.
MNC-based funds returned 2.81%, and small-cap funds gave 2.57%. Out of 31 small-cap funds, LIC MF Small Cap Fund delivered the highest return of 5.61%, whereas Quantum Small Cap Fund returned only 0.48%.Thematic funds, consumption funds, and energy & power funds returned 2.52%, 2.43%, and 2.41%, respectively, in the last month.Flexi cap funds gave an average return of 2.15%. Out of 41 funds, ICICI Prudential Flexicap Fund delivered the highest return, Capitalmind Flexi Cap Fund lost the most at –0.10%, and Parag Parikh Flexi Cap Fund gave 2.06%.
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Multi-cap funds and value funds returned 2.09% and 2%, respectively. Focused funds returned 1.96%, followed by mid-cap funds at 1.88%.
Large & mid-cap funds delivered an average return of 1.78%. Out of 33 funds, Motilal Oswal Large & Mid Cap Fund returned the highest at 4.90%, while Samco Large & Mid Cap Fund lost 1.56%.
Large-cap funds gave an average return of 1.58%. Among 33 funds, Bank of India Large Cap Fund gave the highest return of 2.70%, while Samco Large Cap Fund delivered no return.
Service industry funds and pharma & healthcare funds returned 1.50% and 1.10%, respectively.
Banks & Financial Services funds ranked last with an average return of 0.03%. Out of 23 funds, Quant BFSI Fund gave the highest return of 1.43%, while Invesco India Financial Services Fund lost 0.86%.
The analysis included all equity mutual fund categories, including sectoral and thematic funds, and considered all regular and growth options. Performance was calculated for the last one month.
Note: This exercise is for informational purposes only and is not a recommendation. Investment or redemption decisions should not be based solely on this data. Always consider risk appetite, investment horizon, and financial goals before making investment decisions.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)