This article gives you the list of the biggest declines in equity mutual funds since their last peak.

Disclaimer: The Fund names in this article are not recommendations to buy/hold/sell. Mutual funds are subject to market risks. Do not invest real money without adequate research.

📚 Table of Contents

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• What is bottom fishing?
• Who can benefit from bottom fishing?
• Which mutual funds are offering the best bottom-fishing opportunities right now?
• What should investors do with this data?

What is bottom fishing?

Investopedia defines bottom fishing as looking for bargains among stocks whose prices have recently dropped dramatically.

If you are an investor with some cash available, whether money is set aside for this purpose or from a recent windfall like a bonus, temporary market declines can present excellent bottom-fishing opportunities.

After all, investors aim to buy low and sell high, an opportunity that rarely comes around. It is much easier to jump onto a hot stock, sector, or theme after it has already gained momentum.

Who can benefit from bottom fishing?

If you are an investor who has experienced at least one down-market (e.g., the COVID-19 market crash), you have a chance to benefit from bottom-fishing opportunities.

We recommend having the experience of at least one market cycle because, without it, it is easy to believe that stock markets rise 15-20% every year, like a supercharged fixed deposit.

If you are not this type of investor, it’s best to continue your SIP in your chosen funds as-is without making any additional changes.

Which mutual funds are offering the best bottom-fishing opportunities right now?

We have set a threshold of at least a 15% fall from the 52-week high to identify these opportunities using NAV data from AMFI for the closing date of 17-Jun-2025.

Equity: Sectoral or Thematic

Fund	Change (%)	NAV (52w high)	Latest NAV
Shriram Multi Sector Rotation	21.26	10.0649	7.9247
quant PSU	17.91	12.9481	10.6296
Samco Special Opportunities	17.75	10.6500	8.7600
quant Business Cycle	16.61	19.8302	16.5365
quant Manufacturing	16.47	18.1436	15.1546
SBI Automotive Opportunities	15.84	11.3944	9.5892
Aditya Birla Sun Life Transportation and Logistics	15.63	16.2500	13.7100
Union Active Momentum	15.56	10.3500	8.7400
Tata Infrastructure	15.40	220.7345	186.7433
HDFC MNC	15.11	15.6960	13.3250
quant Infrastructure	15.07	48.0536	40.8101

Equity: Focused

Fund	Change (%)	NAV (52w high)	Latest NAV
Motilal Oswal Focused 25	16.32	59.9011	50.1249

Hybrid: Dynamic Asset Allocation Or Balanced Advantage

Fund	Change (%)	NAV (52w high)	Latest NAV
Motilal Oswal Balanced Advantage	18.15	25.6127	20.9641

Other: FoF Domestic

Fund	Change (%)	NAV (52w high)	Latest NAV
Motilal Oswal Nasdaq 100	18.63	46.8357	38.1112
Groww Nifty EV New Age Automotive ETF FOF	18.10	10.9268	8.9491
Mirae AssetHang Seng TECH ETF	16.51	13.7100	11.4460
Mirae Asset Nifty200 Alpha 30 ETF	15.93	10.4030	8.7460
Mirae Asset SP 500 Top 50 ETF	15.17	22.8490	19.3830

Other: Index Funds

Fund	Change (%)	NAV (52w high)	Latest NAV
ICICI Prudential Nifty 200 Momentum 30 Index	18.61	20.7590	16.8964
BANDHAN NIFTY200 MOMENTUM 30 INDEX	18.53	19.5099	15.8951
Kotak Nifty 200 Momentum 30 Index	18.29	18.1020	14.7910
UTI Nifty 200 Momentum 30 Index	18.21	26.2739	21.4897
Nippon India Nifty 500 Momentum 50 Index	17.05	10.0804	8.3613
Motilal Oswal Nifty 500 Momentum 50 Index	16.99	10.0362	8.3306
Baroda BNP Paribas Nifty200 Momentum 30 Index	16.92	9.9509	8.2669
Bandhan Nifty Alpha 50 Index	16.54	16.4251	13.7092
Tata Nifty Auto Index	15.59	12.4933	10.5450
ICICI Prudential Nifty Auto Index	15.56	22.0777	18.6435
Edelweiss Nifty Alpha Low Volatility 30 Index	15.48	11.8038	9.9764
Axis Nifty IT Index	15.47	15.6824	13.2567
Bandhan Nifty IT Index	15.44	15.2170	12.8675
Nippon India Nifty Alpha Low Volatility 30 Index	15.40	18.9024	15.9907
Nippon India Nifty IT Index	15.36	12.2176	10.3411
ICICI Prudential Nifty IT Index	15.33	15.8208	13.3952
Navi NiftyIT Index	15.30	13.2921	11.2579
Tata Nifty200 Alpha 30 Index	15.04	10.0180	8.5116

Equity: Flexi Cap

Fund	Change (%)	NAV (52w high)	Latest NAV
NJ Flexi Cap	17.11	16.4200	13.6100

What should investors do with this data?

Bottom fishing can easily turn into catching a falling knife if you don’t know what you’re doing.

There are three key takeaways from this data:

1. Review existing funds: Investors should check if their current funds are on the list and evaluate their next steps, including consulting their advisor.
2. Rebalance portfolios: Most investors should use this opportunity to rebalance from debt to equity if their portfolio’s asset allocation has drifted by 5%. Having a worked out financial plan is important to execute this step correctly
3. Understand market trends: If you’re trying to determine whether we’re in a bear market, here’s a guide to help you assess the situation.