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25 equity MFs deliver over 25% in April; Nippon India Taiwan Equity Fund tops list. Will momentum continue in May?

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25 equity MFs deliver over 25% in April; Nippon India Taiwan Equity Fund tops list. Will momentum continue in May?
Around 25 equity mutual funds have delivered over 25% return in April 2026, an analysis by ETMutualFunds showed. There were 613 equity funds, which included the equity mutual funds and equity oriented SIFs.

The top 10 funds were sectoral and thematic funds. Out of 613 funds, 248 funds gave double-digit returns, 363 gave single-digit returns and two gave negative returns.

Also Read | Low-cost index funds & ETFs should form backbone of your portfolio: Vishal Jain, CEO, Zerodha Mutual Fund

Indices movement

In April, Indian and global indices remained in the positive territory with Nasdaq being the biggest gainer as the index went up 12.96%, followed by S&P 500 which was up 8.52%. Nifty50 and BSE Sensex were up 6.60% and 5.96% respectively.

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Dow Jones, Hang Seng and DAX were up 4.93%, 3.23% and 2.81% respectively in the month of April.

How equity funds performed

Nippon India Taiwan Equity Fund delivered the highest return of 27.83% in the month of April, followed by Motilal Oswal Nasdaq 100 FOF which gave 26.19% in the same period. Mirae Asset NYSE FANG+ETF FoF and Quant Infrastructure Fund gave 21.46% and 20.24% respectively.
Invesco India – Invesco Global Consumer Trends FoF posted a return of 20.16% followed by three funds from Quant Mutual Fund. Quant Commodities Fund, Quant PSU Fund and Quant Manufacturing Fund delivered a return of 20.14%, 19.74% and 18.85% respectively in April.
Bank of India Small Cap Fund and HDFC Defence Fund delivered 17.27% and 17.03% returns respectively. Three small cap funds – JM Small Cap Fund, Groww Small Cap Fund and Bajaj Finserv Small Cap Fund offered 15.41%, 15.38% and 15.34% returns respectively in April.
Two funds from Motilal Oswal Mutual Fund – Motilal Oswal Small Cap Fund and Motilal Oswal ELSS Tax Saver Fund offered a return of 15.02% and 14.96% respectively. Aditya Birla SL Infrastructure Fund and Quant ESG Integration Strategy Fund gave 14.93% each.

Mirae Asset Infrastructure Fund and DSP India T.I.G.E.R Fund posted a return of 14.19% each. SBI Energy Opportunities Fund delivered a return of 13.74% in April. Quant Small Cap Fund and Axis Global Innovation FoF delivered 13.02% each.

Two friends from Quant Mutual Fund – Quant ELSS Tax Saver Fund and Quant Large Cap Fund gave 12.48% each in April. SBI Small Cap Fund delivered a return of 11.65% in the said time period.

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Two funds from SBI Mutual Fund – SBI Focused Fund and SBI Midcap Fund gave 11.31% each in the mentioned time period. Abakkus Flexi Cap Fund posted a return of 11.01% in April. Abakkus Small Cap Fund gave 10.55% return. DSP Midcap Fund, ICICI Pru Commodities Fund and Tata Multicap Fund gave 10.20% each. Axis Greater China Equity FoF was the last one to deliver a double-digit return of around 10.02% in April.

Helios Financial Services Fund and HDFC Consumption Fund gave 9.95% return each in April. Parag Parikh Flexi Cap Fund, the largest active fund and flexi cap fund based on assets managed, gave 5.81% return in April.

Edelweiss ASEAN Equity Off-Shore Fund was the last one to deliver positive returns as the fund gave 0.05% return in April.

Also Read | Can Rs 70 lakh grow to Rs 5 crore? Expert says a 10% step-up SIP may fall short of the goal

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Negative performers

ICICI Pru Strategic Metal and Energy Equity FoF and Axis US Specific Treasury Dynamic Debt Passive FoF lost 2.42% and 0.21% in April.

What should investors do?

Rajesh Minocha, a Certified Financial Planner (CFP) and Founder of Financial Radiance shared with ETMutualFunds that in April, equity funds saw gradual recovery, led by mid and small cap stocks, while large caps maintained steady performance.

“The sector trends diverged, with PSU and infrastructure sectors remaining strong and the IT sector showing early signs of improvement and international funds remained stable due to stronger global market indicators.”

Minocha further said that market fluctuations are expected in May, large cap stocks are likely to offer more consistent performance than mid and small caps, which require careful stock selection and investors are advised to use SIPs for flexi-cap funds and also include some mid-cap funds in their portfolio.

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(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)

If you have any mutual fund queries, message on ET Mutual Funds on Facebook/Twitter. We will get it answered by our panel of experts. Do share your questions on ETMFqueries@timesinternet.in alongwith your age, risk profile, and twitter handle

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Miners challenged on royalties, rights on 1946 Pilbara Strike anniversary

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Miners challenged on royalties, rights on 1946 Pilbara Strike anniversary

The descendant of a Pilbara Strike leader has laid down a challenge for miners to lift royalty payments and help native title holders build their own mines.

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DHF: This High-Yielding Bond Fund May Struggle To Sustain Its Distribution

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Janus Henderson Forty Fund Q4 2025 Commentary (MUTF:JACCX)

DHF: This High-Yielding Bond Fund May Struggle To Sustain Its Distribution

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As May Begins, the Investigation Presses Forward with New Forensic Testing

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Savannah Guthrie & Nancy Guthrie

TUCSON, Ariz. — The search for Nancy Guthrie, the 84-year-old mother of NBC “Today” show co-anchor Savannah Guthrie, entered its fourth month Friday with no arrests and investigators still pursuing leads in what authorities describe as an abduction from her Tucson home. Blood evidence, ransom demands and surveillance footage have fueled a high-profile investigation involving local, state and federal agencies, yet the case remains unsolved.

Savannah Guthrie & Nancy Guthrie
Savannah Guthrie & Nancy Guthrie

Nancy Guthrie was last seen on Jan. 31, 2026, after returning home from a family dinner. Her daughter Annie discovered signs of disturbance the next morning, including blood on the front porch. Authorities quickly shifted from a missing person case to an active abduction investigation, citing forced entry indicators and the elderly woman’s limited mobility.

Pima County Sheriff Chris Nanos has maintained that Nancy Guthrie did not leave voluntarily. “We believe she was taken,” he said in early briefings. The FBI joined the probe, contributing resources for forensic analysis and national tip coordination. A $1 million family reward and a separate $100,000 FBI reward remain active for information leading to her recovery.

Recent developments include FBI laboratory analysis of DNA and hairs recovered from the home. Sources say advanced testing is underway to identify potential matches. Surveillance footage released earlier showed a masked individual near the residence on the night of the disappearance, described by officials as one of the strongest early clues. Doorway camera systems captured activity consistent with an intruder, though image quality has complicated identification.

Multiple ransom communications have surfaced, complicating the case. One individual, Derrick Callella, faces trial for allegedly sending a fake ransom text to Savannah Guthrie. A Pima County judge set a trial date for Callella in coming months. Authorities stress he is not suspected in the actual abduction but warn against hoaxers who prey on high-profile cases.

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The family has remained largely private while actively supporting the search. Savannah Guthrie returned to “Today” in April after time away, expressing continued hope. “We believe she is still alive; bring her home,” she posted earlier alongside images of the suspect description. Brothers and other relatives have joined public appeals.

Investigators have chased thousands of tips, conducted extensive neighborhood canvasses, aerial searches and reviewed digital records. A person was briefly detained south of Tucson for questioning, but no charges resulted. Speculation about burglary gone wrong or targeted abduction persists, though officials have released limited details on motive.

Forensic experts point to blood spatter on the porch as potentially indicating a struggle. Former FBI profiler Jim Clemente suggested it could represent Nancy Guthrie’s “last stand” before being taken. No weapon or clear signs of lethal violence were immediately apparent, giving some hope she remains alive.

The case has drawn national attention, partly due to Savannah Guthrie’s prominence. Media coverage has been intense, with true crime analysts and former law enforcement figures offering theories on podcasts and cable news. Some speculate sophisticated planning, citing possible Wi-Fi jamming or coordinated entry. Others note the challenges of investigating crimes involving elderly victims.

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As the search approaches 100 days, questions arise about whether it risks becoming a cold case. Sheriff’s officials insist it remains active with dedicated resources. Nancy Grace and other commentators have called for broader volunteer efforts, including specialized search teams. The family continues pushing for public vigilance.

Tucson’s desert environment poses preservation challenges for evidence and complicates ground searches. Temperatures fluctuate dramatically, and rugged terrain limits accessibility. Drones, dogs and volunteers have covered wide areas, but no trace of Nancy Guthrie has emerged.

Broader implications touch on elder safety, home security and the emotional toll on families of missing persons. Savannah Guthrie has spoken generally about the difficulty of not knowing, urging empathy for others facing similar ordeals. The case also highlights the role of DNA technology in cold or active investigations.

Pima County authorities coordinate with the FBI’s behavioral analysis unit and forensic labs. Digital forensics on devices and neighborhood cameras continue. Tips can be submitted anonymously through official channels or the family’s reward platform. Officials emphasize verified information amid the volume of leads.

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For the Guthrie family, each day without answers brings renewed determination mixed with heartbreak. Nancy Guthrie, described as vibrant and community-oriented, remains the focus. Her disappearance has united neighbors in Tucson and viewers nationwide in hoping for a safe return.

As May begins, the investigation presses forward with new forensic testing and public appeals. Whether the case breaks through DNA matches, a credible tip or renewed surveillance review is unknown. For now, Nancy Guthrie’s loved ones and law enforcement refuse to give up, treating every lead as potentially the one that brings her home.

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(VIDEO) Unusually Shallow Earthquakes Strike Near Area 51 Sparking Nuclear Test Speculation

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Area 51 is a highly classified United States Air Force

LAS VEGAS — A swarm of unusually shallow earthquakes rattled the remote Nevada desert near the secretive Area 51 military base this week, with at least 17 tremors recorded in a 24-hour period including a 4.4 magnitude quake that raised eyebrows among scientists and conspiracy theorists alike.

The strongest tremor struck at a depth of just 2.5 miles underground, far shallower than typical seismic activity in the region, which usually originates 6 to 12 miles below the surface. The U.S. Geological Survey confirmed the series of events, which were felt by residents in nearby communities, though no significant damage was reported.

Geophysicist Stefan Burns noted the atypical location and depth in a widely viewed analysis. “This is an unusual place to get an earthquake,” he said, while cautioning that the activity is most likely natural. However, the shallow depths have fueled online speculation linking the quakes to possible underground nuclear testing at the highly classified facility, long a magnet for conspiracy theories involving advanced weapons and extraterrestrial activity.

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Area 51, part of the Nevada Test and Training Range, has a documented history of nuclear weapons testing during the Cold War era. While the U.S. government has not conducted full-scale nuclear tests since 1992, some observers question whether subcritical or other experimental activities could produce seismic signatures resembling small earthquakes. Officials have not commented directly on the recent swarm, and experts emphasize that distinguishing between natural and human-caused seismic events can be challenging without detailed data.

The timing of the earthquakes coincides with heightened global tensions, including disruptions in the Strait of Hormuz that have driven oil prices higher. Some online commentators have speculated about connections to military preparedness, though no evidence supports such links. Seismologists stress that Nevada experiences frequent small earthquakes due to its location along tectonic boundaries, but the concentration and shallowness near Area 51 stand out.

USGS data shows the quakes ranged from magnitude 2.5 to 4.4, with the largest occurring Wednesday afternoon. More than 100 people reported feeling shaking through the USGS “Did You Feel It?” system. The swarm follows similar clusters reported earlier in the year, though none matched this intensity or unusual characteristics.

Local residents in Rachel, Nevada — the closest community to Area 51 — described minor rattling of windows and dishes but no structural concerns. Tourism to the area, already boosted by Area 51 lore, may see another uptick as amateur investigators and curious travelers descend on the desert outpost. The base itself remains off-limits to the public, with warning signs and security patrols enforcing restricted access.

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Scientists from the Nevada Seismological Laboratory are monitoring the region closely. Preliminary analysis suggests the events could relate to geothermal processes or natural fault movement in the Basin and Range province, a tectonically active area. However, the shallow focal depths warrant further study, as they can sometimes indicate human activity such as mining blasts or fluid injection, though those explanations are considered unlikely here.

Conspiracy communities on social media have exploded with theories ranging from secret weapons tests to underground alien bases. While most experts dismiss such claims, the government’s historical secrecy around Area 51 lends credibility to public skepticism in some quarters. Declassified documents over the years have revealed testing of advanced aircraft and other projects, but nothing confirming current nuclear activity.

The U.S. Air Force, which operates the range, typically declines comment on specific activities at Area 51 for national security reasons. A spokesperson for the Nevada Test and Training Range said routine operations continue but offered no details on seismic monitoring. Independent seismologists note that any underground explosion capable of registering as a 4.4 quake would likely violate international test ban treaties if it involved nuclear material.

Broader context includes increased U.S. military activity in response to global flashpoints. With tensions involving Iran and oil supply concerns, some analysts wonder whether the quakes reflect stepped-up testing of conventional weapons or simulation exercises. However, no official linkage has been made, and natural explanations remain the consensus among geophysicists.

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Residents and visitors to the area are advised to remain vigilant but not alarmed. Small earthquakes are common in Nevada, and the recent swarm, while notable, does not currently indicate heightened risk of larger events. The USGS continues to provide real-time updates through its earthquake tracking systems.

As investigations proceed, the shallow quakes near Area 51 add another chapter to the base’s enigmatic reputation. Whether natural geology or something more secretive, the events highlight the enduring public fascination with one of America’s most classified military installations. Scientists and officials will likely study the data for weeks to determine the precise cause.

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Whitecap Resources: Another Cash Flow Bonus

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Whitecap Resources: Another Cash Flow Bonus

Whitecap Resources: Another Cash Flow Bonus

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Looking for best equity MFs to invest for 3 years? Check these 6 funds with over 27% returns

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Looking for best equity MFs to invest for 3 years? Check these 6 funds with over 27% returns

Looking for best equity MFs to invest for 3 years? Check these 6 funds with over 27% returns

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Pilgrim’s Pride Logs Lower Profit, Higher Revenue

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Pilgrim’s Pride Logs Lower Profit, Higher Revenue

Pilgrim’s Pride PPC 6.26%increase; green up pointing triangle reported a lower profit but higher revenue in the first quarter, citing resilient chicken demand.

The chicken and pork manufacturer Wednesday logged a profit of $101.4 million, or 43 cents a share. That compares with a profit of $296 million, or $1.24 a share, a year earlier.

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13-Week Money Supply Growth Is Trending Above 5%

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13-Week Money Supply Growth Is Trending Above 5%

13-Week Money Supply Growth Is Trending Above 5%

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Yen jumps as Japan threatens more intervention at end of busy central bank week

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Yen jumps as Japan threatens more intervention at end of busy central bank week


Yen jumps as Japan threatens more intervention at end of busy central bank week

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Yen jumps sharply as Japan warns it is ready to intervene again

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Yen jumps sharply as Japan warns it is ready to intervene again


Yen jumps sharply as Japan warns it is ready to intervene again

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