Personal Finance

Market chaos: The most corrected equity ETFs since September high

The equity schemes listed below have experienced the largest declines since their September peak. According to experts, investors should focus on long-term goals rather than letting short-term swings affect them.

Personal Finance

The last two months have seen a decline in the Indian equity markets. The BSE Sensex dropped more than 1,100 points to 77,533.3 on November 13 before closing at 77,690.95. Since their latest peak on September 26, 2024, the frontline indexes have seen a decline of more than 10%.
While the Nifty Midcap 150 and Nifty Smallcap 250 indices have decreased 10.6 and 9.5 percent, respectively, the Nifty 50 index has fallen more than 10 percent. Tepid second-quarter (Q2) earnings, a relentless sell-off by foreign institutional investors (FIIs), rising valuations of local mid- and small-cap stocks, and escalating geopolitical concerns are some of the factors that have caused this volatility and depressed market mood.

Here is a list of equity schemes from various categories that saw the biggest declines since their last peak on September 26. Experts advise investors to focus on long-term objectives and avoid being influenced by short-term fluctuations.

Big Cap Funds: The category’s average return from September 26, 2024, to November 13, 2024, was -9.8%.
TRI-Nifty 50: -10%

Big and Mid-Cap Funds: The category’s average return from September 26, 2024, to November 13, 2024, was -9.3%.
TRI for NIFTY LargeMidcap 250: -10.5%

Mid-Cap Stocks: The category’s average return from September 26, 2024, to November 13, 2024: -9%
TRI for Nifty Midcap 150: -10.5%

Funds with a small cap: The category’s average return from September 26, 2024, to November 13, 2024: -8%
TRI for Nifty Smallcap 250: -9.5%

Multiple Cap Funds: The category’s average return from September 26, 2024, to November 13, 2024, was -9%. TRI: -10.3% – Nifty500 Multicap 50:25:25

Flexi Cap Funds: The category’s average return for flexi cap funds (from September 26, 2024, to November 13, 2024): -9.2%
TRI for NIFTY 500: -10.5%

ELSS: The category’s ELSS Average Return (from September 26, 2024, to November 13, 2024): -9.3%
TRI – NIFTY 100: -10.6%

Forceful Hybrid Investments: The category’s average return from September 26, 2024, to November 13, 2024: -6.8%
TRI – NIFTY 100: -10.6%

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