Equity mutual funds lost up to 14% in March, with all 299 schemes in the category ending in the red. As many as 224 funds posted double-digit losses during the month. Here’s a detailed break-up (Source: ACE MF). Rough Ride

Equity mutual funds lose up to 14% in March. Check top 10 laggards

Equity mutual funds lost up to 14% in March, with all 299 schemes in the category ending in the red. As many as 224 funds posted double-digit losses during the month. Here’s a detailed break-up (Source: ACE MF).

In March, the BSE Sensex and Nifty 50 declined 11.48% and 11.30%, respectively. The analysis covers all equity mutual funds, excluding sectoral and thematic schemes.

Tata Large & Mid Cap Fund, a large- and mid-cap scheme, posted a negative return of 13.37% during the month.

JM Value Fund and ITI Value Fund recorded losses of 12.97% and 12.92%, respectively, in March.

Edelweiss Focused Fund and Navi Large & Mid Cap Fund fell 12.59% and 12.56%, respectively, during the month.