Equity mutual funds rally up to 28% last week, international funds lead; check top 9 with 20%+ gain​

Equity mutual funds rallied up to 28% last week (May 11 to May 15), with international funds leading the return chart. Here are the top nine performers with 20% plus gains (Source: ACE MF).

Motilal Oswal Nasdaq 100 FOF and Mirae Asset Global X Artificial Intelligence & Technology ETF FoF delivered returns of around 28.31% and 27.91% respectively last week.

Edelweiss US Technology Equity FOF, a tech sector-based passive fund, delivered a return of 24% in the mentioned time frame.

Mirae Asset NYSE FANG+ ETF FoF, Invesco India - Invesco Global Consumer Trends FoF and Navi Nasdaq 100 US Specific Equity Passive FoF delivered returns of 22.50%, 22.49% and 21.59% respectively last week.

Nippon India Taiwan Equity Fund, the topper of FY26, delivered a return of 21.11% last week.

Kotak US Specific Equity Passive FoF and Invesco India - Invesco EQQQ NASDAQ-100 ETF FoF delivered returns of 20.24% and 20% respectively.

Out of the other 605 funds, 455 funds delivered positive returns ranging between 0.07% and 19.89%, one failed to deliver any return and nearly 149 funds delivered negative returns ranging between 0.02% and 5.63%.