Equity mutual funds swing up to 8% last week. Check top 5 gainers and losers

Over the week of August 15-22, 2026, equity mutual funds saw significant fluctuations, with some funds gaining up to 8% while others experienced declines. Among the 619 funds tracked, 339 experienced positive returns, 271 posted negative returns, and nine remained unchanged.

ICICI Pru Strategic Metal and Energy Equity FoF emerged as the top gainer, delivering an impressive 7.64% return. DSP World Mining Overseas Equity Omni FoF closely followed with a 7.28% gain. On the other end of the spectrum, ICICI Pru US Bluechip Equity Fund and HSBC Brazil Fund saw returns of 3.24% and 2.88%, respectively.

SBI Innovative Opportunities Fund, a sectoral fund, managed to post a gain of 2.28% during the period. However, Invesco India - Invesco Global Consumer Trends FoF faced the steepest decline, dropping by around 7.17%. Nippon India Taiwan Equity Fund and PGIM India Global Equity Opp FoF also suffered losses, posting negative returns of 4.68% and 4.10%, respectively.

Edelweiss US Technology Equity FoF and Aditya Birla SL Global Emerging Opp Fund were among the other funds that experienced declines, with returns of 3.92% and 3.58%, respectively.