How quant Infrastructure 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
-15.1%
31 Aug 2018 → 26 Oct 2018
Index fell
-14%
Sensex, peak to trough
Recovery time
7 mo
peak regained 24 May 2019
₹1L at the peak → today
₹4,63,299
worst-possible timing, held on
The full round trip
NAV from 1 Aug 2018 to 24 May 2019 — peak ₹8.9191, bottom ₹7.5683, peak regained 24 May 2019.
The ₹1 lakh stress test — invested at the worst possible moment
| Invested at the pre-crash peak (31 Aug 2018) | ₹1,00,000 |
| Value at the bottom (26 Oct 2018) | ₹84,855 |
| Value one year after the peak | ₹89,681 |
| Value today (1 Sept 2026) | ₹4,63,299 |
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
₹12,31,931
Return
+413%
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 Sectoral / Thematic funds in this crash
How this page is produced
Every figure above is computed from our archive of published AMFI NAV history for quant Infrastructure 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.
