Last week, several mutual funds experienced significant losses amid stock market fluctuations.
Between March 24 and March 28, 2025, both Nifty 50 and BSE Sensex saw declines of 0.58% and 0.73%, respectively.
Global markets also faced downturns, with the Nasdaq-100 dropping by 4.45%, the S&P 500 by 3.24%, and Hang Seng by 2%.
This negative trend had an impact on equity mutual funds, with some funds losing up to 8%. International funds, sectoral thematic funds, and small-cap funds were hit hardest.
Top 5 Losing Mutual Funds:
Mirae Asset S&P 500 Top 50 ETF FoF
Loss: 7.54%
This fund invests in the top 50 stocks of the US S&P 500 index and was impacted by the recent downturn in the US market.
Motilal Oswal Nasdaq 100 FOF
Loss: 3.60%
This fund suffered due to a sharp fall in the Nasdaq-100, which is heavily weighted in the technology sector.
SBI International Access-US Equity FoF
Loss: 3.27%
This fund was affected by uncertainty surrounding US interest rates and a decline in technology stocks.
Mirae Asset Hang Seng TECH ETF FoF
Loss: 3.11%
Focused on Hong Kong’s tech index, this fund saw a decline due to global economic uncertainty.
SBI Automotive Opportunities Fund
Loss: 3.10%
This fund was hit by sluggish data in the auto sector and rising metal prices, leading to reduced investment in the sector.
Why Did This Decline Happen?
The decline was largely driven by the US stock market’s poor performance after the Federal Reserve hinted at keeping interest rates high.
This impacted international funds of Indian investors, especially those tied to the tech-heavy Nasdaq-100 index.
Volatility was further fueled by weak economic data from both the US and China, along with concerns about inflation and interest rates.
If you’ve invested in any of these funds, it’s important to stay informed about the factors affecting their performance.
