The top losers in the list were from Samco Mutual Fund. Samco Flexi Cap Fund gave a loss of around 33.56% on SIP investments in the current financial year so far. A monthly SIP of Rs 10,000 made in this fund on April 1, 2024 would have been Rs 98,306 now against an invested amount of Rs 1.20 lakh. Samco ELSS Tax Saver Fund which lost 29.12% on SIP investments in the same period.
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Motilal Oswal Focused Fund offered a negative return of 28.24% on SIP investments in the said period, followed by two schemes from Quant Mutual Fund. Quant Value Fund and Quant Active Fund lost 23.94% and 23.44% respectively on SIP investments in the said time period.
Two ELSS funds – Quant ELSS Tax Saver Fund and Shriram ELSS Tax Saver Fund – delivered a loss of 22.50% and 22.42% on SIP investments made on April 1, 2024. Quant Small Cap Fund gave a negative XIRR of 20.61% in the said period, followed by Mahindra Manulife Small Cap Fund which lost 20.57% in the said period.
The next three schemes in the list were from Quant Mutual Fund. Quant Mid Cap Fund, Quant Large & Mid Cap Fund, and Quant Focused Fund lost around 20.52%, 20.41%, and 20.34% respectively on SIP investments in the similar time frame. Nippon India Small Cap Fund, the largest small cap fund based on assets managed, lost 18.32% on SIP investments in FY25 so far, followed by Kotak Small Cap Fund which lost 18.25% in the same period.Three schemes from Bank of India Mutual Fund – Bank of India Flexi Cap Fund, Bank of India Small Cap Fund, and Bank of India Bluechip Fund – gave a negative return of around 15.61%, 15.58%, and 15.26% respectively on SIP investments in FY25 so far.
Bank of India Multi Cap Fund, Mahindra Manulife Mid Cap Fund, and Baroda BNP Paribas Multi Cap Fund lost 11.17% each on SIP investments in the same period.
Kotak Emerging Equity Fund gave a negative return of 10.87% on SIP investments in the mentioned period, followed by Aditya Birla SL Midcap Fund which lost 10.78% in the same period.
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TRUSTMF Flexi Cap Fund and Bandhan Sterling Value Fund lost 10.05% and 10.01% respectively on SIP investments in the similar period.
SBI Contra Fund, the largest and oldest contra fund, lost 9.42% on SIP investments in FY25 so far.
DSP Focus Fund, SBI Multicap Fund, and ICICI Pru Value Discovery Fund lost the lowest of around 0.98%, 0.87%, and 0.54% respectively on SIP investments.
We considered all equity mutual funds. We considered regular and growth options. We calculated the SIP performance from April 1, 2024 to March 21, 2025.
Note, the above exercise is not a recommendation. The exercise was done to find how the equity mutual funds performed if someone started a SIP on April 1, 2024.
One should not make investment or redemption decisions based on the above exercise. One should always consider their risk appetite, investment horizon, and goal before making any investment decision.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)