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Nifty Down 8.7%: Did Your Large-Cap Fund Beat It?

When the Nifty 100 fell sharply, more than half of active large-cap funds fell even harder. If you hold a large-cap SIP or lumpsum, here is what to check and what to do next.

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Paying 1% fund expense on ₹5L = ₹5,000/year — more than 55 cups of café coffee wasted if the fund underperforms anyway.

Impact on You
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Large-cap funds that did WORSE than the falling Nifty 100 — is yours one?

Key Takeaways

1

Check your large-cap fund's 1-year and 3-year returns on AMFI or Value Research and compare them directly against the Nifty 100 TRI — not the plain Nifty 100 price index.

2

If your fund has underperformed the Nifty 100 TRI for 3+ consecutive years, consider switching to a Nifty 100 or Nifty 50 index fund with an expense ratio below 0.20% to cut unnecessary costs.

3

Do NOT stop your SIP in panic — but do use this market dip to review your fund mix and shift future SIP instalments to a better-performing or lower-cost alternative if needed.

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When the Nifty 100 fell sharply, more than half of active large-cap funds fell even harder. If you hold a large-cap SIP or lumpsum, here is what to check and what to do next.

Here's what happened: The Nifty 100 index dropped roughly 8.7% in a recent downturn, testing whether actively managed large-cap funds could protect investors better than a plain index.. Over half the active large-cap schemes in India fell more than the benchmark, meaning investors paid higher fund management fees but still got worse returns than an index fund would have delivered.. SEBI's 2017 categorisation rules force large-cap funds to invest at least 80% in the top 100 stocks — making it structurally very hard for fund managers to differentiate and outperform the same index..

What you should do: Check your large-cap fund's 1-year and 3-year returns on AMFI or Value Research and compare them directly against the Nifty 100 TRI — not the plain Nifty 100 price index.. If your fund has underperformed the Nifty 100 TRI for 3+ consecutive years, consider switching to a Nifty 100 or Nifty 50 index fund with an expense ratio below 0.20% to cut unnecessary costs.. Do NOT stop your SIP in panic — but do use this market dip to review your fund mix and shift future SIP instalments to a better-performing or lower-cost alternative if needed..

Always compare your fund against the Nifty 100 Total Returns Index (TRI), not the price index — TRI includes dividends and sets a much tougher, fairer benchmark that most fund fact sheets quietly avoid showing.

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References

  1. [1]
    The Nifty 100 is down 8.7%, how did active large-cap funds perform? mint - money · 8 Jun 2026

This article is reported by GoCredit's Editorial Team based on the source above. GoCredit synthesises, contextualises, and adds India-borrower-relevant analysis. We are not the original publisher.

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