Why are so many Indian mutual funds giving negative returns over last one month?

If we look at the performance of several Indian mutual funds over last one month, we see that many of them are giving negative returns. Some examples are: HDFC TOP200, UTI dividend yield, Birla sunlife dividend yield plus etc. Can anybody please explein why this is happening? Should an investor be alarmed if he had invested in these funds? What should one do in such a situation?
I am a new investor and feeling depressed to see that market values of all my investments are negative. However I heard someone saying that one should buy more units of good funds right now. Should I follow that?
sorry for misspelling “explain” in first part of the question.
Here are some more details: I am 34 years old, and I have invested in the dividend yield funds solely because of their good history of returns. My aim is to receive good return after say 20 years.

TOP 5 OPEN ENDED -EQUITY FUNDS – PERIOD (LAST 5 YEARS)?

TOP 5 OPEN ENDED -EQUITY FUNDS – PERIOD (LAST 5 YEARS)
1. Equity (Diversified)
(a) Reliance Regular Savings Fund-Equity – Growth 21.60%
(b) IDFC Premier Equity Fund – Plan A – Growth 20.58%
(c) HDFC Top 200 Equity – Growth 17.37%
(d) Birla Sun life Frontline Equity Fund-Plan A-Growth 17.21%
(e) UTI Dividend Yield Fund – Growth 16.96%

2. Equity
(a) Reliance Banking Fund – Growth 27.28%
(b) Reliance Pharma Fund – Growth 22.37%
(c) UTI Banking Sector Fund – Growth 22.28%
(d) Reliance Regular Savings Fund – Equity – Growth 21.60%
(e) IDFC Premier Equity Fund – Plan A – Growth 20.58%

3. Balanced
(a) HDFC Prudence Fund – Growth 17.02%
(b) Reliance Regular Savings Fund-Balanced-Growth 16.04%
(c) Birla Sun Life 95 – Growth 15.52%
(d) DSP Black Rock Balanced Fund – Growth 14.11%
(e) Frankline Templeton India Balanced Fund – Growth 11.83%

4. Euity ( Tax Planning )
(a) Fidelity Tax advantages Fund – Growth 15.86%
(b) Taurus Taxshield Fund – Growth 15.16%
(c) Sahara Taxgain – Growth 13.18%
(d) Hdfc Taxsaver – Growth 12.52%
(e) Frankline India Taxshield – Growth 11.05%

5. Debt Funds
(a) Escorts Income Bond – Growth 14.28%
(b) Reliance Monthly Income Plan – Growth 11.26%
(c) HDFC Monthly Income Plan – Growth 10.85%
(d) Canara Robeco Monthly Income Plan – Growth 10.60%
(e) Birla Sun Life Monthly Income Plan – Growth 9.84%

6. Liquid Fund
(a) Escorts Liquid Plan – Growth 7.69%
(b) Lic MF liquid Fund – Growth 7.20%
(c) Reliance Liquidty Fund – Growth 7.13%
(d) HDFC Cash Management Scheme – Saving Plan 7.05%
(e) SBI Magnum Insta Cash Fund – Liquid Floater – Growth 6.94%

7.Equity (Sector)

(a) Reliance Banking Fund – Growth 27.28%
(b) Reliance Pharma Fund – Growth 22.37%
(c) UTI Banking Sector Fund – Growth 22.28%
(d) Reliance Diversified Power Sector Fund – Growth 18.42%
(e) ICICI Prudential Infrastructure Fund – Growth 14.94%

*Note:- Returns calculated for less than 1 year are Absolute returns and returns calculated for more than 1 year are compounded annualized.

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