On March 13, 2024, the markets fell by 2.6% in a single day. Mid- and small-cap funds were the hardest hit, declining by 4.2% and 5.2%, respectively.
We look at five funds that faced a massive blow due to yesterday’s market fall.
Category: Small cap, One-day fall: -5.8%, Fall from peak: -11%
Category: Value oriented, One-day fall: -5.4%, Fall from peak: -10%
Category: Large and mid cap, One-day fall: -5.2%, Fall from peak: -7.2%
Category: Flexi cap, One-day fall: -5.1%, Fall from peak: -8.2%
Category: ELSS, One-day fall: -5.1%, Fall from peak: -8.3%
The information is for the funds’ direct plans. The single-day fall is for March 13, 2024.