8 equity mutual funds lose over 10% in 2025. Have you invested in any?

Eight equity mutual funds have lost more than 10% in the current calendar year so far, an analysis by ETMutualFunds showed. There were around 279 funds in the said period, of which 175 have offered negative returns and around 104 funds gave positive returns.

In other words, 63% equity funds have offered negative returns in the current calendar year so far.

Samco Flexi Cap Fund lost the most at around 14.34% in 2025 so far, followed by LIC MF Small Cap Fund which lost 12.90% in the similar time frame. Motilal Oswal Midcap Fund lost 11.81% in the current calendar year so far.


Also Read | Defence sector based mutual funds rally up to 60% in 3 months. Will the momentum continue?

Another flexi cap fund, Shriram Flexi Cap Fund, delivered a negative return of 10.93% in the mentioned time period. HSBC Small Cap Fund offered a negative return of 10.68% in the said period.

LIC MF Value Fund delivered a negative return of 10.45% in the mentioned period, followed by Union Small Cap Fund which lost 10.37% in the similar time frame. Shriram ELSS Tax Saver Fund lost 10.13% in the similar time frame.

The other schemes lost between 0.05% to 9.33% in the current calendar year so far. Two funds from HSBC Mutual Fund - HSBC Midcap Fund and HSBC Large & Mid Cap Fund - lost 9.14% and 9.02% respectively in the said time horizon.

Mahindra Manulife Small Cap Fund delivered a negative return of 7.74% in the current calendar year so far, followed by Motilal Oswal Small Cap Fund which lost 7.72% in the same period.

Kotak Small Cap Fund offered a negative return of 7.06% in 2025 so far. Edelweiss Small Cap Fund lost 6.45% in the similar period. Nippon India Small Cap Fund, the largest small cap fund based on assets managed, delivered a negative return of 5.75% in the said period.

Two small cap funds - SBI Small Cap Fund and Aditya Birla SL Small Cap Fund lost 5.44% each in the said period, followed by Franklin India Smaller Cos Fund which lost 5.23% in the said period.

Two schemes from Tata Mutual Fund - Tata Multicap Fund and Tata Focused Equity Fund - lost 4.06% and 4.02% respectively in 2025 so far.

Nippon India Value Fund and Aditya Birla SL Equity Advantage Fund were the last ones in the list to offer negative returns. The schemes lost 0.05% each in the said period.

Also Read | Nifty up 13% from April’s low. How should mutual fund investors alter their investment strategy?

Positive performers
Among the positive performers, ICICI Pru Large & Mid Cap Fund offered the highest return of around 7.70% in the current calendar year so far. Tata Flexi Cap Fund gave 5.88% return in the same period.


The next two schemes in the list were from ICICI Prudential Mutual Fund - ICICI Pru Value Discovery Fund and ICICI Pru Focused Equity Fund - gave 5.47% and 5.45% respectively in the same period.

HDFC ELSS Tax saver and HDFC Focused 30 Fund gave 5.14% and 4.99% respectively in 2025 so far. HDFC Flexi Cap Fund delivered a return of 4.87% in the same period.

SBI Focused Equity Fund and SBI BlueChip Fund gave 4.09% and 4.05% respectively in 2025 so far. Axis Bluechip Fund and Axis Focused Fund gave 2.23% and 2.05% respectively in the mentioned period.

Tata Large & Mid Cap Fund was the last one to offer positive return in the said period. The scheme gave 0.05% in the said period.

We considered all equity mutual funds excluding sectoral and thematic funds. We considered regular and growth options. We calculated the returns from January 1, 2025 to May 27, 2025.

Note, the above exercise is not a recommendation. The exercise was done to find which equity funds gave negative returns in the current calendar year so far.

One should not make investment or redemption decisions based on the above exercise. One should always consider risk appetite, investment horizons, and goals before making any investment decisions.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)