12 equity funds outperform with over 30% returns since last Dussehra
The Economic Times·2025-10-02 03:59

Core Insights - The analysis indicates that nearly 12 equity mutual funds have delivered over 30% returns since last Dussehra, with a total of around 631 equity and equity-oriented funds evaluated [16] - The top 49 funds identified were international funds, showcasing their superior performance compared to domestic offerings [16] Fund Performance - Mirae Asset NYSE FANG+ ETF FoF achieved the highest return of approximately 73.48% since last Dussehra, followed by Invesco India – Invesco Global Consumer Trends FoF with a return of 62.84% since October 12, 2024 [16] - Other notable performers include Mirae Asset S&P 500 Top 50 ETF FoF (52.74%), Nippon India Taiwan Equity Fund (40.81%), and ICICI Prudential Strategic Metal and Energy Equity FoF (39.06%) [16] - Additional funds from Mirae Asset Mutual Fund, such as Mirae Asset Hang Seng TECH ETF FoF (38.63%) and Mirae Asset Global X Artificial Intelligence & Technology ETF FoF (36.94%), also made the list [16] Returns Below 30% - Edelweiss US Technology Equity FoF delivered a return of 34.35%, while Motilal Oswal Nasdaq 100 FoF returned 33.21% [16] - Other funds like Edelweiss Gr China Equity Off-Shore Fund (31.51%) and DSP World Mining Overseas Equity Omni FoF (31.11%) also performed well since October 12, 2024 [16] - Axis Greater China Equity FoF and Edelweiss Europe Dynamic Equity Off-shore Fund returned 29.08% and 28.44%, respectively [16] Lower Performing Funds - Motilal Oswal S&P 500 Index Fund offered a return of 21.09%, while Edelweiss ASEAN Equity Off-Shore Fund and Axis US Specific Treasury Dynamic Debt Passive FoF both delivered 10% [16] - HDFC Defence Fund, the only actively managed fund in the defence sector, returned 8.77% [8] - Several funds recorded negative returns, with Samco Flexi Cap Fund facing the steepest loss at -20.24% [10] Overall Fund Analysis - The analysis covered all equity and equity-oriented funds, including sectoral, thematic, and equity-oriented hybrid funds, focusing on regular growth options [13]