The Economic Times

Equity mutual funds lose up to 13% in a week; sectoral and thematic funds lead the decline. Check top 10 losers

Equity mutual funds dropped up to 13% last week as sectoral and thematic offerings led weekly losses, according to ACE MF data. Mirae Asset S&P 500 Top 50 ETF FoF saw the steepest fall of 13.09%, while technology and banking funds also registered negative returns alongside broader market declines.