Worst performing small- and mid-cap MFs: Up to Rs 866 gone from every Rs 10,000 invested in just 1 month in these schemes

Even as Nifty 50 and BSE Sensex ended in positive territory in the first session of the week on Monday (March 18, 2024), Nifty Smallcap 100 and Nifty Midcap 100 continue to bleed. The Nifty index closed 32.35 points higher at 22,055.7, while the Sensex settled with a gain of 104.99 points at 72,748.42 on Monday. However, Nifty Smallcap 100 was down 0.57 per cent, Nifty Midcap 100 was lower 0.39 per cent. 

With these fall Nifty Midcap 100's fall in the last one month has been 5.35 per cent, while Nifty Smallcap 100 has slipped by 8.84 per cent in the same duration. 

As Nifty Smallcap 100 and Nifty Midcap 100 went down, small- and mid-cap mutual funds also continued to fare poorly. 

Small-cap mutual funds have slid 6.28 per cent in the last one month, while mid-cap mutual funds have slipped by 3.19 per cent in the same duration. 

Amid their lacklustre show, we take you through the performances of the five worst performing small- and mid-cap mutual funds in the last one month. 

We will also tell you how much money you would have lost in each of these funds had you invested Rs 10,000 a month ago.

Worst performing small caps

1. Motilal Oswal Nifty Microcap 250 Index

The mutual fund from Motilal Oswal is the worst performing small-cap mutual fund in the last one month with a fall of 8.66 per cent. 

It means that had you invested Rs 10,000 in this mutual fund a month ago, you would have lost Rs 866. 

2. ABSL Nifty Smallcap 50 Index 

This small-cap index fund from Aditya Birla has slid by 8.65 per cent. 

An investment of Rs 10,000 in the mutual fund would have cost an investor Rs 865.

3. Kotak Nifty Smallcap 50 Index

Another small-cap index fund has declined by 8.64 per cent in the one month. 

After this fall, one's investment of Rs 10,000 in the scheme one month ago would have been trimmed by Rs 864.

4. Axis Nifty Smallcap 50 Index

Another small-cap index fund that has failed to grab investor attention is from Axis Mutual Fund. 

It has lost 8.59 per cent of its value in the one-month period. 

After this fall, the value of the Rs 10,000 investment in the mutual fund would have been reduced by Rs 859.

5. LIC MF Small Cap 

The fund in the No. 5 position has slid by 8.07 per cent. 

One would have lost Rs 807 in the mutual fund after investing Rs 10,000 a month ago.

Worst performing mid caps

White Oak Capital Mid Cap Fund

The mid-cap fund that has performed the worst has lost 5.01 per cent of its value in the last one month. 

It means an investment of Rs 10,000 in the scheme a month ago would have lost its value by Rs 501.

Motilal Oswal Nifty Midcap 100 ETF

The fund at the No. 2 spot is down by 4.29 per cent in the last month. 

An investor would have been poorer by Rs 429 after investing Rs 10,000 in the scheme a month ago.

Taurus Mid Cap  

This mid-cap fund has been down by 4.21 per cent in the last month. 

With this fall, a Rs 10,000 investment in this fund has lost its value by Rs 421.

JM Midcap 

The fund at No. 4 is down by 4.00 per cent in the one month. 

Investors with Rs 10,000 in the mutual fund have lost Rs 400 in the same period.

Kotak Nifty Midcap 50 ETF

The Nifty index fund has also suffered in the one month as it is down by 3.99 per cent. 

After this fall, the value of Rs 10,000 in the fund would have been shortened by Rs 399.