In August, around 11 passive mutual funds lost over 2%, with defense, PSU banks, PSU stocks, and real estate being the hardest-hit sectors. Of approximately 319 passive funds, 42 reported negative returns. The Motilal Oswal Nifty India Defence Index Fund saw the largest loss at 7.88%, while PSU bank-focused ETFs, including Nippon India and Kotak Nifty PSU Bank ETFs, each lost 4.63%.
MF Tracker: Can this top performing smallcap fund keep winning streak alive?
Bandhan Small Cap Fund has delivered impressive returns, outperforming its benchmark and category averages over multiple periods. Fund manager changes and strategic sector allocation contributed