3 Equity Mutual Funds Delivered Positive Returns in 6 Months

The Indian stock market has experienced a sharp and extended decline from October 2024 to February 2025. Although there was a strong recovery in March, it was not enough to make up for the losses from the previous five months. As a result, both the Sensex and Nifty are down by 8.17% and 8.88%, respectively, over the last six months. The sell-off has been even more severe in smaller and mid-sized stocks, with the BSE 250 Smallcap Index falling by 20% and the BSE 150 Midcap Index dropping by 16% during the same period.

The impact of the equity market drop is clear from the fact that, in the last six months, only three out of 519 equity mutual fund schemes have shown positive returns. Among these three, two are international mutual funds, and one is a thematic fund.

Here are 3 top mutual funds that performed well and gave investors positive returns, even during the market downturn.

• Aditya Birla Sun Life International Equity Fund
• Motilal Oswal Business Cycle Fund
• Nippon India US Equity Opportunities Fund

Aditya Birla Sun Life International Equity Fund

Aditya Birla Sun Life International Equity Fund is a type of equity fund that mainly invests in companies located outside of India. Over the past six months, it has given a return of 2.63%. The fund was launched on January 1, 2013. Its benchmark is the S&P Global 1200 TRI. The total assets managed by the fund are Rs. 199 crore.

Motilal Oswal Business Cycle Fund

Motilal Oswal Business Cycle Fund is a type of equity mutual fund that invests based on the different phases of the business cycle. Over the last six months, it has given a return of 2.62%. The fund was launched on 27th August 2024, and its benchmark is the NIFTY 500 TRI. Currently, the fund has assets worth Rs. 1,603 crore.

Nippon India US Equity Opportunities Fund

The Nippon India US Equity Opportunities Fund is an international mutual fund that mainly invests in stocks and stock-related securities of companies listed on US stock exchanges.

In the last six months, it has provided a return of 2.30%. The fund was launched on July 23, 2015, its benchmark is the S&P 500 Total Return Index. The total assets managed by the fund are Rs. 725 crore.