Nine most dependable mutual funds of the last 10 years

If memes are an indicator of popularity, the line "Mutual fund investments are subject to market risk" has certainly achieved that status. More so because equity mutual funds , in particular, are linked to the market, and as you know, the trajectory of the market is never linear. It has historically snaked upwards, but not without its short-term swings. Given this context, we wanted to identify equity mutual funds that have navigated market downswings with relative poise. But before we set out on our analysis, we had to look for periods in the past decade where the markets showed significant downturns. In total, there were six such occasions: Significant market corrections of last decade Period Market* fall (in %) Jan 29, 2015 - Feb 11, 2016 -20% Sep 08, 2016 - Nov 21, 2016 -11% Aug 28, 2018 - Oct 26, 2018 -16% Jun 03, 2019 - Sep 19, 2019 -11% Jan 14, 2020 - Mer 23, 2020 -38% Oct 18, 2021 - Feb 24, 2022 -13% *Market - S&P BSE 500 TRI The dependables Once we identified the lean periods, we analysed 70 funds in the growth category with a 10-year track record. The growth category includes flexi-cap funds, large- and mid-cap funds, tax-saving funds and value funds. Of the 70 funds, nine demonstrated great resilience. By great resilience, we mean these are the mutual funds that performed better than their category average and benchmark (BSE 500 TRI) at least 65 per cent of the time in falling markets and have a strong five-year performance record. The nine funds are as follows: The nine funds with greater resilience