With the year drawing to a close, investors always look for schemes that have increased their wealth or offered high returns. ETMutualFunds did some data crunching and found that around 34 equity mutual funds have eroded investors’ SIP investments in 2024. There were 425 equity mutual funds during this period.
In other words, out of 425 equity schemes, around 34 funds have offered negative returns on SIP investments in the current calendar year.
Three equity funds delivered double-digit negative returns on SIP investments made on January 1, 2024. The Quant PSU Fund reported a negative XIRR of 20.28% on these SIP investments. If an investor had made a SIP investment of Rs 10,000 in this fund.
Three equity funds delivered double-digit negative returns on SIP investments made on January 1, 2024. The Quant PSU Fund reported a negative XIRR of 20.28% on these SIP investments. If an investor had made a SIP investment of Rs 10,000 in this fund, the current value
Tired of comparing loan options?
Vizzve Financial can help you find the perfect loan for your needs with just one click! Our platform connects you with offers from multiple banks and lenders, saving you time and hassle.
Increase your chances of Loan approval
Vizzve Financial's technology uses a streamlined process to help you get matched with the right loan and potentially improve your approval odds.
Get Started Today
Visit www.vizzve.com to explore loan options and see if you pre-qualify. Call 844-984-4958 to check your eligibility.