Consistent returns: 53 equity mutual funds have never posted negative returns since 2018

Mutual fund investors always look for companies with consistent performance before choosing an investment plan. ETMutualFunds conducted a data analysis and found that around 53 equity and equity-oriented companies mutual funds have never delivered negative returns since 2018. In simple words, it means that these funds have never delivered negative returns in the last six years and also not in 2024 so far.

There were around 373 equity and equity-oriented funds, out of which 53 schemes have never recorded negative returns since 2018.

Arbitrage funds dominated the results table. Among these 53 schemes, 18 were arbitrage funds. Around 11 equity savings, seven balanced advantage, four large cap, three hybrid asset allocation and aggressive dynamic, two value, one ELSS, one multicap, one contra, one flexi cap and one open cap. small cap funds appears on the list.

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Baroda BNP Paribas Aggressive Hybrid Fund has never posted a negative return since 2018. Canara Rob Bluechip Equity Fund, a large-cap fund, has posted positive returns in every year since 2018.
HDFC Top 100 Fund, a prominent large-cap fund, has never posted negative returns in the last six years. ICICI Prudential Balanced Advantage Fund also features on the list. Mirae Asset Equity Savings Fund, an equity savings fund, has never posted negative returns since 2018. ICICI Prudential Equity Savings Fund is the largest equity savings fund in terms of assets under management. The scheme manages assets worth Rs 11,403 crore as of August 2024.Read also | RIL, SBI and TCS among SBI mutual fund’s top 10 stock holdings in August

We consider all equity and equity oriented schemes like Large Cap, Mid Cap, Large & Mid Cap, Small Cap, ELSS, Flexible Cap, Focused Funds, Value, Contra, Multi Cap, Aggressive Hybrid, Equity Savings, Arbitrage Funds, Balanced Edge and Dynamic Asset Allocation Funds.

We consider regular and growth options. We calculate annual returns from 2018 to 2024 so far. Please note that we calculate returns since 2018 as Sebi A reclassification of mutual funds was carried out this year.

Please note that the above exercise does not constitute a recommendation. The idea behind this exercise, as explained at the beginning, was simply to find equity schemes that have delivered positive returns every year since 2018. This should not be the only criteria for choosing schemes. You should always consider important factors such as objectives, investment horizons and risk appetite when choosing schemes to invest in.

(Disclaimer:The recommendations, suggestions, views and opinions of the experts are their own and do not represent the views of The Economic Times.

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