About 14 equity mutual funds lose over 10% in October
In short
Around 14 equity mutual funds lost more than 10% in October. The worst was Nippon India Taiwan Equity Fund, which fell 16.71%.
Most of the weakest funds were international schemes. The report does not say why they fell or whether the losses continued after October.
What the reporting says
Around 14 equity mutual funds lost more than 10% in October, with international schemes dominating the list of worst performers. Nippon India Taiwan Equity Fund fell the most at 16.71%, followed by funds focused on global consumer trends and emerging markets. The report points to a broad weak month for some overseas-focused funds, but it does not state the full list, the cause of the decline or whether the losses persisted beyond October.
Why it matters
Around 14 equity mutual funds lost more than 10% in October, with international schemes making up most of the worst performers. Nippon India Taiwan Equity Fund posted the steepest decline at 16.71%, followed by funds linked to global consumer trends and emerging markets. The reporting shows a rough month for those funds, but it does not explain the drivers or give the full list.