How DSP Large Cap Fund survived The 2018 NBFC Crisis
IL&FS defaulted and India's shadow-banking system seized up. While the Sensex fell a modest 14%, mid- and small-cap funds crashed 25-40% — the crash that taught a generation the difference between index pain and portfolio pain.
The fall
-16.9%
28 Aug 2018 → 26 Oct 2018
Index fell
-14%
Sensex, peak to trough
Recovery time
7 mo
peak regained 27 May 2019
₹1L at the peak → today
₹2,11,234
worst-possible timing, held on
The full round trip
NAV from 1 Aug 2018 to 27 May 2019 — peak ₹215.569, bottom ₹179.114, peak regained 27 May 2019.
The ₹1 lakh stress test — invested at the worst possible moment
| Invested at the pre-crash peak (28 Aug 2018) | ₹1,00,000 |
| Value at the bottom (26 Oct 2018) | ₹83,089 |
| Value one year after the peak | ₹90,747 |
| Value today (1 Sept 2026) | ₹2,11,234 |
The lesson isn't that crashes don't hurt — it's that selling at the bottom turns a temporary fall into a permanent loss. The investor who bought at the absolute worst day and simply held is in profit today.
The unluckiest SIP experiment
Imagine starting a ₹10,000/month SIP on the exact peak day — the single unluckiest start date possible — and continuing for 24 months straight through the crash:
Invested
₹2,40,000
Worth today
₹5,53,580
Return
+131%
Crash-month installments bought units cheap — that's the whole SIP thesis, demonstrated with real data instead of a brochure.
This fund in other crashes
Other Large Cap funds in this crash
How this page is produced
Every figure above is computed from our archive of published AMFI NAV history for DSP Large Cap Fund, to NAV dated 1 Sept 2026. Nothing here is copied from a factsheet or a third-party summary. The full method is published, including its limitations.
Written and maintained by Azad Mohammed, who built the pipeline these numbers come out of. Found an error? Tell us — corrections are made and the page rebuilds within the hour.
This page describes what each fund has done. It is not investment advice and not a recommendation to buy or sell any scheme. Arthkar is not a SEBI-registered investment adviser and does not provide or arrange investment advice. Mutual fund investments are subject to market risk; read all scheme related documents carefully.
