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HDFC Defence Fund top performance chart in March with 22% return

Business News - April 2, 2025 - 3:08pm

HDFC Defence Fund topped the performance chart with 22% return in March, among 554 equity mutual funds in the same period. The next two schemes in the list were based on PSU themes. Invesco India PSU Equity Fund and Aditya Birla SL PSU Equity Fund offered 16.54% and 13.38% returns respectively in March.Out of 554 schemes in the mentioned period, 487 gave positive returns and 30 schemes gave double-digit returns. Around 67 schemes gave negative returns in the same period. <iframe title="Equity Mutual Funds: Top 10 performers in March" aria-label="Bar Chart" id="datawrapper-chart-cnZk9" src="https://et-infographics.indiatimes.com/graphs/cnZk9/1/" scrolling="no" frameborder="0" style="width: 0; min-width: 100% !important; border: none;" height="445" data-external="1"></iframe><script type="text/javascript">!function(){"use strict";window.addEventListener("message",(function(a){if(void 0!==a.data["datawrapper-height"]){var e=document.querySelectorAll("iframe");for(var t in a.data["datawrapper-height"])for(var r,i=0;r=e[i];i++)if(r.contentWindow===a.source){var d=a.data["datawrapper-height"][t]+"px";r.style.height=d}}}))}();</script>Also Read | Technology-based mutual funds lost up to 18% in 2025. Time favourable to allocate more?SBI PSU Fund delivered a return of around 12.80% in March, followed by Bandhan Infrastructure Fund which gave a return of around 12.67% in the said period. SBI Energy Opportunities Fund offered a return of around 12.19% in the mentioned period.Two schemes from HSBC Mutual Fund - HSBC Infrastructure Fund and HSBC Business Cycles Fund - offered 12.09% and 11.96% returns respectively in March. Two schemes from Motilal Oswal Mutual Fund - Motilal Oswal Large & Midcap Fund and Motilal Oswal ELSS Tax Saver Fund - offered 10.58% return each in the same period.DSP India T.I.G.E.R Fund offered 10.20% return in the said period, followed by Bank of India Mfg & Infra Fund which gave 10.04% return in the same period.Two schemes from HDFC Mutual Fund - HDFC Pharma and Healthcare Fund and HDFC Infrastructure Fund - gave 9.27% and 9.26% returns respectively in March. ICICI Pru Infrastructure Fund and SBI Magnum Comma Fund gave 9.08% returns each in the same period.Two large and mid cap funds - Bank of India Large & Mid Cap Equity Fund and Sundaram Large and Mid Cap Fund - gave 8.73% and 8.71% returns respectively in the said period. The second largest mid cap fund based on assets managed - Kotak Emerging Equity Fund - offered a return of around 8.62% in the said period.HSBC Flexi Cap Fund, Quant Mid Cap Fund, and Canara Rob Manufacturing Fund offered a return of 8.37% each in the mentioned period. Kotak Small Cap Fund and Kotak Flexicap Fund gave 8.08% return each in the similar time period.SBI Small Cap Fund and Quant Small Cap Fund gave 6.68% and 6.67% returns respectively in March. ICICI Pru Technology Fund offered the lowest positive return of around 0.26% in March.Also Read | Quant Mutual Fund using cash to cherry pick smallcap stocks in falling marketNegative performersOut of 67 schemes which gave negative returns, seven schemes lost in double-digit in March. Nippon India Taiwan Equity Fund lost the most of around 17.18%, followed by Edelweiss US Technology Equity FOF which lost 14.54% in the same period. <iframe title="Equity Mutual Funds: Double-digit losers in March" aria-label="Bar Chart" id="datawrapper-chart-fNQYi" src="https://et-infographics.indiatimes.com/graphs/fNQYi/1/" scrolling="no" frameborder="0" style="width: 0; min-width: 100% !important; border: none;" height="271" data-external="1"></iframe><script type="text/javascript">!function(){"use strict";window.addEventListener("message",(function(a){if(void 0!==a.data["datawrapper-height"]){var e=document.querySelectorAll("iframe");for(var t in a.data["datawrapper-height"])for(var r,i=0;r=e[i];i++)if(r.contentWindow===a.source){var d=a.data["datawrapper-height"][t]+"px";r.style.height=d}}}))}();</script>Invesco India - Invesco Global Consumer Trends FoF, Mirae Asset S&P 500 Top 50 ETF FoF, and PGIM India Global Equity Opp Fund lost 13.72%, 12.38%, and 11.79% respectively in the said period.Invesco India - Invesco EQQQ NASDAQ-100 ETF FoF and Navi NASDAQ 100 FoF lost 9.82% each in the said period, followed by Aditya Birla SL NASDAQ 100 FOF which lost 9.80% in the same period.Three other Nasdaq benchmarked funds lost between 9.49% to 9.69% in March. Mirae Asset Hang Seng TECH ETF FoF gave a negative return of 7.61% in the mentioned time frame.Mirae Asset NYSE FANG+ETF FoF lost 5.59% in March.Franklin India Technology Fund and Kotak Global Emerging Mkt Fund lost 1.89% each in March. Franklin Asian Equity Fund and Edelweiss ASEAN Equity Off-Shore Fund lost the lowest of around 0.53% and 0.30% in March.We considered all equity mutual fund categories. We considered regular and growth options. We calculated the performance of equity mutual funds from March 1, 2025 to March 31, 2025..Note, the above mentioned exercise is not a recommendation. The exercise was done to find how the equity mutual funds have performed in March 2025. One should not make investment or redemption decisions based on the above exercise.One should always consider risk appetite, investment horizon, and goals before making any investment decisions.

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