Equity mutual funds have disappointed investors in 2018. Most equity mutual fund categories have given negative returns: 76 per cent of equity mutual fund schemes, including ETFs and index funds, turned red in the last one year. The picture is in complete contrast with 2017 when most equity categories offered double-digit average returns.
Smallcap schemes took the maximum hit. On an average, the category is down by 19 per cent in the last one year. In 2017, the category gave an average r ..
