Loser: Matthews India
Matthews India (MINDX) is a good fund investing in a very volatile market, for sure. The portfolio of this fund is comprised of large-cap companies domiciled in India.
The mutual fund gained a whopping 17.3% during the last month to trim its losses substantially, but still sat in the red for Q3. And overall, MINDX is down 14.2% YTD as this market has struggled mightily.
No doubt this stock market, as well as the fund will bounce back, but the timing of this move will be a tough call.
Top holdings include Emami, Sun Pharmaceuticals and Dabur India. Expenses are 1.18%.