Equity MFs that fell less than Sensex
DSIJ IntelligenceCategories: MF Unlocked, Mutual Fund
Since February 2020, Sensex is witnessing a selling pressure and have fallen quite a lot. However, there are funds that fell less than Sensex. Read on to find out more.
Coronavirus pandemic has created havoc in the stock market and no denying the fact that due to this, equity mutual fund has also got affected. While Sensex fell 24 per cent in the past one month, many mutual funds (MFs) nosedived even more than that. However, there are funds that have been affected comparatively less. Not only this, even better performing funds too have lost money. In the past three months, Sensex gave negative returns of 30 per cent. Below is a list of MFs that have fallen lesser than Sensex in the past three months:
|
Fund Name |
NAV Fall (per cent) |
AUM (Rs) |
Fund Manager |
|
Edelweiss Tax Advantage Fund |
-1.42 |
8.70 |
Pratik Dharmshi |
|
DSP Healthcare Fund |
-4.89 |
290.80 |
Aditya Khemka |
|
Mirae Asset Healthcare Fund |
-6.04 |
402.90 |
Vrijesh Kasera |
|
SBI Healthcare Opp Fund |
-7.88 |
953.20 |
Tanmaya Desai |
|
Tata India Pharma & Healthcare Fund |
-8.26 |
165.40 |
Sailesh Jain |
|
Aditya Birla SL Pharma & Healthcare Fund |
-8.78 |
184.20 |
Dhaval Shah |
|
IDBI Healthcare Fund |
-8.88 |
29.70 |
Uma Venkatraman |
|
Nippon India Pharma Fund |
-9.02 |
2,421.10 |
Sailesh Raj Bhan |
|
UTI Healthcare Fund |
-9.55 |
390.40 |
V Srivatsa |
|
ICICI Pru Pharma Healthcare & Diagnostics (PHD) Fund |
-10.96 |
1,190.60 |
Ihab Dalwai |
|
JM Large-Cap Fund |
-11.89 |
3,154.30 |
Asit Bhandarkar |
|
ICICI Pru US Bluechip Equity Fund |
-13.85 |
498.50 |
Rohan Maru |
|
Nippon India Japan Equity Fund |
-14.16 |
32.30 |
Kinjal Desai |
|
BOI AXA Small-Cap Fund |
-14.68 |
57.00 |
Ajay Khandelwal |
|
Franklin Asian Equity Fund |
-16.18 |
141.90 |
Roshi Jain |
Below is a list of categories that fell less than Sensex:
|
Category |
Average Fall in NAV (per cent) |
|
Sectoral: Pharma |
-7.58 |
|
International |
-18.91 |
|
Sectoral: Technology |
-20.69 |
|
Thematic: MNC |
-21.22 |
|
Thematic: Consumption |
-24.45 |
|
Thematic: Dividend Yield |
-27.06 |
|
Mid-Cap |
-27.16 |
|
Thematic: PSU |
-28.24 |
|
Thematic |
-28.37 |
|
Multi-Cap |
-29.16 |
|
Small-Cap |
-29.25 |
|
ELSS |
-29.26 |
|
Large & Mid-Cap |
-29.37 |
|
Large-Cap |
-30.20 |
|
Value Oriented |
-31.89 |
|
Thematic: Energy |
-32.13 |
|
Sectoral: Infrastructure |
-32.96 |
|
Sectoral: Banking |
-41.59 |
As we can see that pharma category, followed by international and technology fell less than Sensex; banking category was the one that lost the most as it gave negative returns of 42 per cent. Even the infrastructure and energy were on the losing side. Having said that, currently accumulating units of large-cap and mid-cap funds in a phased manner makes more sense as looking at the volatility in the market, there are high chances of you getting an opportunity to buy at a lower price.