Every equity mutual fund scheme category is giving negative returns in one-, three- and six- month periods. Largecap category has given -2.53 per cent, midcap category (-4.36 per cent), multicap category (-2.66 per cent), smallcap category (-3.54 per cent) and ELSS category (-3.37 per cent) in the last six months.
Several micro and macro factors like rising interest rates, increasing oil prices, unexpected Karnataka election results, 2019 elections and high-valued midcaps.