In 2024, around 35 out of 425 equity mutual funds have eroded investors' SIP investments, with several funds posting negative returns. Four funds, including Quant PSU Fund, delivered double-digit negative returns, with the Quant PSU Fund reporting a negative XIRR of 20.28%. An investor who had invested Rs 10,000 in this fund would see a current value of Rs 90,763.
