Whilst Nifty 50 and BSE Sensex resulted in constructive territory within the first session of the week on Monday (March 18, 2024), Nifty Smallcap 100 and Nifty Midcap 100 proceed to bleed. The Nifty index closed 32.35 factors larger at 22,055.7, whereas the Sensex settled with a achieve of 104.99 factors at 72,748.42 on Monday. Nevertheless, Nifty Smallcap 100 was down 0.57 per cent, Nifty Midcap 100 was decrease 0.39 per cent.
With these fall Nifty Midcap 100’s fall within the final one month has been 5.35 per cent, whereas Nifty Smallcap 100 has slipped by 8.84 per cent in the identical period.
As Nifty Smallcap 100 and Nifty Midcap 100 went down, small- and mid-cap mutual funds additionally continued to fare poorly.
Small-cap mutual funds have slid 6.28 per cent within the final one month, whereas mid-cap mutual funds have slipped by 3.19 per cent in the identical period.
Amid their lacklustre present, we take you thru the performances of the 5 worst performing small- and mid-cap mutual funds within the final one month.
We can even inform you how a lot cash you’ll have misplaced in every of those funds had you invested Rs 10,000 a month in the past.
Worst performing small caps
1. Motilal Oswal Nifty Microcap 250 Index
The mutual fund from Motilal Oswal is the worst performing small-cap mutual fund within the final one month with a fall of 8.66 per cent.
It implies that had you invested Rs 10,000 on this mutual fund a month in the past, you’ll have misplaced Rs 866.
2. ABSL Nifty Smallcap 50 Index
This small-cap index fund from Aditya Birla has slid by 8.65 per cent.
An funding of Rs 10,000 within the mutual fund would have price an investor Rs 865.
3. Kotak Nifty Smallcap 50 Index
One other small-cap index fund has declined by 8.64 per cent within the one month.
After this fall, one’s funding of Rs 10,000 within the scheme one month in the past would have been trimmed by Rs 864.
4. Axis Nifty Smallcap 50 Index
One other small-cap index fund that has didn’t seize investor consideration is from Axis Mutual Fund.
It has misplaced 8.59 per cent of its worth within the one-month interval.
After this fall, the worth of the Rs 10,000 funding within the mutual fund would have been lowered by Rs 859.
5. LIC MF Small Cap
The fund within the No. 5 place has slid by 8.07 per cent.
One would have misplaced Rs 807 within the mutual fund after investing Rs 10,000 a month in the past.
Worst performing mid caps
White Oak Capital Mid Cap Fund
The mid-cap fund that has carried out the worst has misplaced 5.01 per cent of its worth within the final one month.
It means an funding of Rs 10,000 within the scheme a month in the past would have misplaced its worth by Rs 501.
Motilal Oswal Nifty Midcap 100 ETF
The fund on the No. 2 spot is down by 4.29 per cent within the final month.
An investor would have been poorer by Rs 429 after investing Rs 10,000 within the scheme a month in the past.
Taurus Mid Cap
This mid-cap fund has been down by 4.21 per cent within the final month.
With this fall, a Rs 10,000 funding on this fund has misplaced its worth by Rs 421.
JM Midcap
The fund at No. 4 is down by 4.00 per cent within the one month.
Traders with Rs 10,000 within the mutual fund have misplaced Rs 400 in the identical interval.
Kotak Nifty Midcap 50 ETF
The Nifty index fund has additionally suffered within the one month as it’s down by 3.99 per cent.
After this fall, the worth of Rs 10,000 within the fund would have been shortened by Rs 399.
