The year 2024 has passed with a mix of good, bad, and bittersweet memories, and 2025 has now started with a lot of hope. The year was full of ups and downs for the Indian stock market. The last three months of 2024 were particularly tough, as the market experienced a significant decline during this period. Due to this prolonged drop in the market, many investors’ mutual fund portfolios were severely impacted. In this article, we will discuss the five mutual fund schemes that delivered negative returns last year.
1. Quant Quantamental Fund
Quant Quantamental Fund delivered negative returns in 2024, with an XIRR of -9.61. If an investor had done an SIP of Rs 10,000 in this scheme from January 2024, the value of their investment would have fallen to Rs 1,13,934.98 by the end of the year, while the total investment was Rs 1,20,000 (Mutual Fund Update).
2. Quant Consumption Fund
Quant Consumption Fund also gave negative returns in 2024, with an XIRR of -9.66. If an investor had done an SIP of Rs 10,000 in this scheme from January 2024, the value of their investment would have fallen to Rs 1,04,848.37 by year-end, while they had invested a total of Rs 1,20,000.
3. Aditya Birla Sun Life PSU Equity Fund
Aditya Birla Sun Life PSU Equity Fund showed negative returns in 2024, with an XIRR of -11.13. If an investor had done an SIP of Rs 10,000 in this scheme from January 2024, the value of their investment would have dropped to Rs 1,02,955.77 at the end of the year, despite investing a total of Rs 1,20,000.
4. Quant ELSS Tax Saver Fund
Quant ELSS Tax Saver Fund gave negative returns in 2024, with an XIRR of -11.88. If an investor had done an SIP of Rs 10,000 in this scheme from January 2024, their fund value would have reduced to Rs 1,02,469.90 by the end of the year, while they invested Rs 1,20,000.
5. Quant PSU Fund
Quant PSU Fund reported negative returns in 2024, with an XIRR of -20.28. If an investor had done an SIP of Rs 10,000 in this scheme from January 2024, their fund value would have fallen to Rs 90,763.91 by the end of the year, compared to a total investment of Rs 1,20,000 (Mutual Fund Update).
Disclaimer:
The information provided in this article is for educational purposes only and should not be considered as financial or investment advice. The returns mentioned for the mutual fund schemes are based on past performance and are subject to market risks. Times Bull will not be responsible for any financial investments made, as it is entirely your responsibility. Please consult a financial advisor for better results.