Around 60 mutual funds posted negative returns in FY25 out of 486 total funds. Samco Flexi Cap Fund was the worst performer, losing 17.24%. major losers included HSBC Brazil Fund, DSP and multiple Quant funds. The remaining 50 funds saw losses between 0.03% and 7.22%.
FIIs on sidelines due to high valuations despite macro strength: Jitendra Gohil
Kotak Alternate Asset’s Jitendra Gohil anticipates heightened competition across Indian sectors due to government initiatives and reduced business costs, potentially pressuring earnings despite strong macro