Core Insights - International funds outperformed domestic funds in September, driven by a strong performance in the US tech sector and NASDAQ 100 [16][19] - Overall, equity mutual funds showed stable but subdued performance amid global challenges such as tariff concerns and geopolitical tensions [16][19] Fund Performance - The top-performing fund was DSP World Mining Overseas Equity Omni FoF, which delivered a return of 13.15% in September, followed by Mirae Asset Global Electric & Autonomous Vehicles Equity Passive FOF with 11.88% [1][19] - Other notable performers included Invesco Global Consumer Trends FoF at 11.27%, Mirae Asset Hang Seng TECH ETF FoF at 11.22%, and Mirae Asset Global X Artificial Intelligence & Technology ETF FoF at 10.68% [19] - A total of 577 funds were analyzed, with 268 providing positive returns and 305 yielding negative returns [19] Negative Performers - The worst-performing funds included Motilal Oswal Midcap Fund (-5.59%), Motilal Oswal Multi Cap Fund (-4.88%), and Motilal Oswal Business Cycle Fund (-4.79%) [10][19] - Technology sector funds also faced losses, with Kotak Technology Fund and others losing between 3.20% to 4.41% [11][19] Market Outlook - The market outlook remains positive entering the final quarter of CY25, supported by strong GDP growth of 7.8% in Q1 FY26 and revised inflation forecasts of 3.1% for FY26 [17][19] - Rate cuts from the RBI and recent GST cuts are expected to enhance corporate profitability and consumption [17][19] Investment Strategy - For SIP investors, it is advised to continue existing investments and consider using festive bonuses to enhance contributions [17][19] - New lump-sum investors are recommended to adopt a staggered approach over 3-4 weeks, transitioning from debt to equity to manage volatility [17][19]

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]