This article categorizes mutual funds based on relative performance, highlighting those offering lower returns at higher risk which can be potentially avoided by investors.
Note: Domestic index funds tracking broad indices like the Nifty 50 or Sensex will generally not be found in a table of worst performing mutual funds. Since index funds give “average” return, their position will always be above the worst performers in their respective category. For the same reason, they will not be found in the best performing fund lists as well.
The fund categories in this article are as per AMFI classification. The performance figures are from AMFI website. All funds in this article are of the Direct Growth Category: Do not make this mistake when investing in mutual funds.
Please use the find feature of your browser to locate the funds or categories you are interested in.
Worst performing types of funds
Worst debt funds category-wise
Category
Fund count
Average
Max
Min
Gilt Fund with 10 year constant duration
3
0.86%
1.39%
0.34%
Dynamic Bond
18
3.76%
10.78%
0.53%
Credit Risk Fund
12
4.73%
10.12%
0.94%
Banking and PSU Fund
21
3.84%
10.57%
1.13%
Medium to Long Duration Fund
12
5.04%
22.17%
1.23%
Medium Duration Fund
12
4.97%
25.73%
1.62%
Long Duration Fund
2
2.31%
2.76%
1.86%
Gilt Fund
18
2.98%
4.27%
1.99%
Corporate Bond Fund
17
3.72%
4.78%
2.34%
Short Duration Fund
20
5.08%
27.43%
3.11%
Floater Fund
10
4.60%
5.05%
3.32%
Ultra Short Duration Fund
21
4.82%
5.43%
4.11%
Money Market Fund
19
4.77%
5.11%
4.24%
Low Duration Fund
17
4.64%
5.16%
4.30%
Liquid Fund
31
4.85%
5.01%
4.54%
Overnight Fund
24
4.68%
4.78%
4.55%
Worst equity funds category-wise
Category
Fund count
Average
Max
Min
Sectoral/ Thematic
102
4.15%
30.52%
-33.29%
Focused Fund
22
2.92%
19.93%
-13.56%
Flexi Cap Fund
24
1.48%
19.09%
-12.68%
Large & Mid Cap Fund
24
2.97%
15.02%
-12.23%
ELSS
31
3.55%
14.18%
-11.23%
Small Cap Fund
21
2.88%
11.20%
-5.48%
Dividend Yield Fund
7
4.19%
10.82%
-4.74%
Large Cap Fund
27
3.34%
12.30%
-4.62%
Mid Cap Fund
22
3.84%
19.94%
-4.47%
Multi Cap Fund
13
5.42%
14.97%
-2.04%
Value Fund
18
7.21%
17.29%
-1.80%
Contra Fund
2
6.98%
8.88%
5.09%
Multi Asset Allocation
7
5.62%
17.61%
-4.31%
Worst hybrid funds category-wise
Category
Fund count
Average
Max
Min
Aggressive Hybrid Fund
24
4.51%
15.26%
-3.94%
Dynamic Asset Allocation or Balanced Advantage
19
4.51%
19.56%
-1.18%
Equity Savings
19
4.25%
7.90%
0.11%
Conservative Hybrid Fund
15
4.42%
7.87%
1.09%
Arbitrage Fund
22
4.61%
5.85%
3.23%
Balanced Hybrid Fund
1
6.54%
6.54%
6.54%
Worst “other” funds category-wise
Category
Fund count
Average
Max
Min
FoF Overseas
39
-12.83%
15.50%
-38.57%
FoF Domestic
56
2.71%
13.14%
-32.92%
Overseas Index Funds
49
1.84%
7.60%
-25.32%
Children’s Fund
6
-1.26%
6.24%
-6.22%
Retirement Fund
26
2.72%
9.95%
-5.62%
In the sections below, we will pick up up to 3 worst performers in the same category.
Funds: worst performing debt mutual funds
Category: Liquid Fund
Fund
2022 return
WhiteOak Capital Liquid Fund
4.54%
Motilal Oswal Liquid Fund
4.55%
Parag Parikh Liquid Fund
4.61%
Category: Overnight Fund
Fund
2022 return
Indiabulls Overnight Fund Option
4.55%
ITI Overnight Fund Option
4.58%
Edelweiss Overnight Fund
4.60%
Category: Ultra Short Duration Fund
Fund
2022 return
Motilal Oswal Ultra Short Term Fund (MOFUSTF)
4.11%
LIC MF Ultra Short Term Fund
4.43%
BANK OF INDIA Ultra Short Duration Fund
4.56%
Category: Banking and PSU Fund
Fund
2022 return
Invesco India Banking & PSU Debt Fund
1.13%
Baroda BNP Paribas Banking and PSU Bond Fund
2.11%
Edelweiss Banking and PSU Debt Fund
2.92%
Category: Short Duration Fund
Fund
2022 return
LIC MF Short Term Debt Fund
3.11%
IDFC Bond Fund - Short Term
3.28%
Indiabulls Short Term Fund Option
3.30%
Category: Money Market Fund
Fund
2022 return
DSP Savings Fund
4.24%
Invesco India Money Market Fund
4.25%
Edelweiss Money Market Fund Option
4.25%
Category: Gilt Fund
Fund
2022 return
IDFC Government Securities Fund- Investment Plan
1.99%
HDFC Gilt Fund Option
2.16%
Baroda BNP Paribas GILT FUND Option
2.33%
Category: Dynamic Bond
Fund
2022 return
Union Dynamic Bond Fund Option
0.53%
IDFC Dynamic Bond Fund
1.86%
Mahindra Manulife Dynamic Bond Yojana
1.96%
Category: Low Duration Fund
Fund
2022 return
IDFC Low Duration Fund
4.30%
Invesco India Treasury Advantage Fund
4.34%
Tata Treasury Advantage Fund Option
4.38%
Category: Corporate Bond Fund
Fund
2022 return
DSP Corporate Bond Fund - Direct
2.34%
Union Corporate Bond Fund Option
2.76%
Tata Corporate Bond Fund
2.89%
Category: Medium to Long Duration Fund
Fund
2022 return
JM Medium to Long Duration Fund (Direct) Option
1.23%
IDFC Bond Fund - Income Plan
1.27%
HSBC Medium to Long Duration Fund
1.37%
Category: Medium Duration Fund
Fund
2022 return
Union Medium Duration Fund
1.62%
Sundaram Medium Term Bond Fund
1.67%
IDFC Bond Fund - Medium Term Plan
1.92%
Category: Credit Risk Fund
Fund
2022 return
Franklin India Credit Risk Fund
0.94%
Kotak Credit Risk Fund - Direct
1.89%
Invesco India Credit Risk Fund
3.48%
Category: Floater Fund
Fund
2022 return
DSP Floater Fund
3.32%
Nippon India Floating Rate Fund
4.11%
UTI - Floater Fund Option
4.29%
Category: Gilt Fund with 10 year constant duration
Fund
2022 return
DSP 10Y G-Sec Fund
0.34%
IDFC Government Securities Fund - Constant Maturity Plan
0.86%
ICICI Prudential Constant Maturity Gilt Fund
1.39%
Category: Long Duration Fund
Fund
2022 return
ICICI Prudential Long Term Bond Fund
1.86%
Nippon India Nivesh Lakshya Fund Option
2.76%
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Funds: worst performing equity mutual funds
Category: Sectoral/ Thematic
Fund
2022 return
Nippon India Taiwan Equity Fund Option
-33.29%
ICICI Prudential Technology Fund
-22.28%
Tata Digital India Fund
-22.00%
Category: ELSS
Fund
2022 return
Axis Long Term Equity Fund Option
-11.23%
Invesco India Tax Plan
-6.45%
UTI - Long Term Equity Fund (Tax Saving) Option
-2.51%
Category: Large Cap Fund
Fund
2022 return
Axis Bluechip Fund
-4.62%
BANK OF INDIA Bluechip Fund Growth
-1.89%
Invesco India Largecap Fund
-1.53%
Category: Large & Mid Cap Fund
Fund
2022 return
Aditya Birla Sun Life Equity Advantage Fund
-12.23%
Axis Growth Opportunities Fund
-7.58%
HSBC Large & Mid Cap Fund
-2.19%
Category: Flexi Cap Fund
Fund
2022 return
UTI - Flexi Cap Fund-Growth Option
-12.68%
Axis Flexi Cap Fund
-7.61%
Parag Parikh Flexi Cap Fund
-6.29%
Category: Mid Cap Fund
Fund
2022 return
Aditya Birla Sun Life Midcap Fund
-4.47%
DSP Midcap Fund
-3.97%
Axis Midcap Fund
-3.86%
Category: Focused Fund
Fund
2022 return
Axis Focused 25 Fund Option
-13.56%
Invesco India Focused 20 Equity Fund
-7.22%
Mirae Asset Focused Fund Growth
-5.62%
Category: Small Cap Fund
Fund
2022 return
Aditya Birla Sun Life Small Cap Fund
-5.48%
PGIM India Small Cap Fund Option
-3.47%
ICICI Prudential Nifty Smallcap 250 Index Fund
-3.19%
Category: Value Fund
Fund
2022 return
DSP Value Fund
-1.80%
Axis Value Fund
0.48%
Indiabulls Value Fund Option
4.19%
Category: Multi Cap Fund
Fund
2022 return
Baroda BNP Paribas MULTI CAP FUND Option
-2.04%
Invesco India Multicap Fund Option
-0.84%
Axis Multicap Fund
-0.20%
Category: Dividend Yield Fund
Fund
2022 return
UTI-Dividend Yield Fund
-4.74%
IDBI Dividend Yield Fund
-0.22%
Tata Dividend Yield Fund
2.86%
Category: Contra Fund
Fund
2022 return
Invesco India Contra Fund
5.09%
Kotak India EQ Contra Fund - Direct
8.88%
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This post titled The worst performing mutual funds of 2022: are you invested in these funds? first appeared on 02 Jan 2023 at https://arthgyaan.com
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