News From Press Mutual funds: 78 per cent of equity schemes give negative returns

Mutual funds: 78 per cent of equity schemes give negative returns

Source: Financial Express Nov 8, 2018

Close to 78% of the total 347 equity mutual fund schemes have registered negative returns in the last one year, with over 106 schemes giving negative returns of more than 10%. A number of the worst-performing funds are infra sector funds with HSBC Infrastructure Fund reporting a negative return of 35.83%, data from Value Research shows.

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