Core Insights - The analysis indicates that nearly 46% of equity mutual funds delivered positive returns in FY26, with 253 out of 553 funds achieving this [18] - International funds, particularly those focused on sectors like technology and energy, showed significant returns, with the Nippon India Taiwan Equity Fund leading at 158.46% [19] Performance of Funds - Top-performing international funds included: - Nippon India Taiwan Equity Fund: 158.46% return [19] - DSP World Mining Overseas Equity Omni FoF: 83.26% return [19] - ICICI Pru Strategic Metal and Energy Equity FoF: 69.93% return [19] - DSP Global Clean Energy Overseas Equity Omni FoF: 69.53% return [19] - HSBC Brazil Fund: 56.23% return [19] - Other notable performers: - Edelweiss Greater China Equity Off-shore Fund: 45.48% return [5] - Mirae Asset Global X Artificial Intelligence & Technology ETF FoF: 44.55% return [5] - Mirae Asset S&P 500 Top 50 ETF FoF: 35.82% return [5] - DSP Global Innovation Overseas Equity Omni FoF: 28.84% return [5] - Kotak Global Innovation Overseas Equity Omni FOF: 28.83% return [5] Factors Influencing Performance - The strong performance of international funds was attributed to: - US market strength and an AI-led rally in large-cap tech [6] - Global commodity and energy price increases [7] - Depreciation of the Indian Rupee against the US Dollar [7] - Geopolitical tensions leading to higher oil prices, benefiting global energy and mining companies [7] Recommendations for Investors - Investors are advised to maintain a balanced approach, limiting international fund allocation to no more than 5% of their overall portfolio [8] - A diversified investment strategy is recommended, focusing on large-cap and flexi-cap funds for stability while also including mid-cap and small-cap funds [16] - For FY27, a market cap allocation of 55% in large caps, 20% in mid caps, and 25% in small caps is suggested to manage volatility [16] Negative Performers - Among the 300 funds that reported negative returns, the Quant Teck Fund had the largest loss at approximately 28.13% [13] - Other underperformers included: - Samco Active Momentum Fund: -16.9% [13] - HDFC Technology Fund: -15.33% [14] - Tata Digital India Fund: -14.39% [14] - Invesco India ESG Integration Strategy Fund: -10.21% [14]

Core Insights - The analysis indicates that around 11 equity mutual funds have delivered over 50% returns since the last Holi celebrated on March 14, 2025, with two funds achieving returns exceeding 100% [12] Performance of Top Funds - Nippon India Taiwan Equity Fund and DSP World Mining Overseas Equity Omni FoF achieved returns of 112.79% and 111.56% respectively since March 14, 2025 [12] - ICICI Pru Strategic Metal and Energy Equity FoF offered a return of 86.07%, while HSBC Brazil Fund yielded 66.85% [12] - Other notable performers include DSP Global Clean Energy Overseas Equity Omni FoF at 63.15%, and Edelweiss Emerging Markets Opp Eq. Offshore Fund and HSBC Global Emerging Markets Fund at 59.50% and 58.40% respectively [12] Performance of Specific Funds - Kotak Global Emerging Market Overseas Equity Omni FOF delivered a return of 56.18%, followed closely by Mirae Asset Global Electric & Autonomous Vehicles Equity Passive FOF at 55.44% [2][12] - HDFC Defence Fund, the only actively managed fund focused on the defence sector, provided a return of 41.68% [5][12] - Funds from Edelweiss Mutual Fund, including Edelweiss Europe Dynamic Equity Off-shore Fund and Edelweiss Greater China Equity Off-shore Fund, delivered returns of 39.40% and 39.05% respectively [5][12] Performance of Underperforming Funds - Quant Teck Fund, a technology sector-based fund, experienced the largest loss at approximately 17.19% since the last Holi [8][12] - Tata Digital India Fund and Samco Active Momentum Fund reported losses of 9.59% and 9.06% respectively [8][12] - Additional underperformers include Samco Multi Cap Fund and Quant Consumption Fund, which lost 5.06% and 4.92% respectively [9][12] Overall Fund Performance - A total of 551 equity mutual funds were analyzed, with 531 funds providing positive returns and 20 funds showing negative returns since the last Holi [12] - The performance evaluation was conducted from March 14, 2025, to March 2, 2026, considering all equity mutual funds, including regular and growth options [10][12]