March 13’s market crash dealt a massive blow to mid- and small-cap funds. Not surprisingly, large-cap funds were relatively stable, falling a little less than 2%.
Let’s look at the five large-cap funds that withstood Wednesday’s market slump.
Category: Value oriented, One-day fall: -0.6%, Fall from peak: 1%
Category: Large cap, One-day fall: -1.3%, Fall from peak: 2%
Category: Large cap, One-day fall: -1.3%, Fall from peak: -2.4%
Category: Large cap, One-day fall: -1.4%, Fall from peak: -2.8%
Category: Flexi cap, One-day fall: -1.4%, Fall from peak: -4.8%
The information is for the funds’ direct plans. The single-day fall is for March 13, 2024.