Apr 05, 2024, 05:31:01 PM IST
There were around 621 equity and equity-oriented schemes in March. Out of this around 295 equity schemes offered negative returns. Here are the 10 equity schemes that lost more than 4% in March, according to ACE MF.
ETMarkets.com
![Aditya Birla SL Digital India Fund](https://img.etimg.com/thumb/msid-109067533,width-640,height-480,resizemode-75,imgsize-23576/aditya-birla-sl-digital-india-fund.jpg)
This fund topped the laggards list as it lost around 5.21% in March. The scheme is a technology sector-based scheme.
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![Samco Active Momentum Fund](https://img.etimg.com/thumb/msid-109067516,width-640,height-480,resizemode-75,imgsize-7292/samco-active-momentum-fund.jpg)
This thematic fund lost around 5.16% in March. Launched in July 2023, the scheme manages assets of Rs 756 crore as on February 29, 2024.
IANS
![DSP Small Cap Fund](https://img.etimg.com/thumb/msid-109067484,width-640,height-480,resizemode-75,imgsize-701332/dsp-small-cap-fund.jpg)
This smallcap fund lost around 4.79% in March. The scheme manages assets of Rs 13,709 crore.
Getty Images
![Quant BFSI Fund](https://img.etimg.com/thumb/msid-109067461,width-640,height-480,resizemode-75,imgsize-630422/quant-bfsi-fund.jpg)
This banks & financial services sector based scheme lost 4.64% in March. Launched in June 2023, the scheme manages assets of Rs 432 crore.
Getty Images
![Mirae Asset Hang Seng TECH ETF FoF](https://img.etimg.com/thumb/msid-109067451,width-640,height-480,resizemode-75,imgsize-59944/mirae-asset-hang-seng-tech-etf-fof.jpg)
This international fund lost 4.40% in March. Launched in December 2021, the scheme manages assets worth Rs 75 crore.
iStock
![Two technology funds](https://img.etimg.com/thumb/msid-109067428,width-640,height-480,resizemode-75,imgsize-44898/two-technology-funds.jpg)
Two technology funds – SBI Technology Opp Fund and ICICI Prudential Technology Fund – lost around 4.30% and 4.26%, respectively in March.
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![Three from Quant Mutual Fund](https://img.etimg.com/thumb/msid-109067407,width-640,height-480,resizemode-75,imgsize-30774/three-from-quant-mutual-fund.jpg)
Three schemes from Quant Mutual Fund – Quant Consumption Fund, Quant Small Cap Fund, and Quant Teck Fund – lost around 4.20%, 4.11%, and 4.09%, respectively in the last month.
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