Active Large-Cap Fund Underperformance vs. Benchmark:
| Timeframe | % of Large-Cap Active Funds Underperforming the Index | In plain terms |
|---|---|---|
| 1 Year | 75.0% | 3 in 4 funds failed to beat the index |
| 3 Years | 74.2% | 3 in 4 funds failed over 3 years |
| 5 Years | 84.4% | 4 in 5 funds failed over 5 years |
| 10 Years | 76.3% | 3 in 4 funds failed over a decade |
Source: SPIVA India Scorecard, Year-End 2025. S&P Dow Jones Indices LLC. Benchmark: S&P India LargeMidCap. Past performance is no guarantee of future results.
The gap between Nifty and most actively managed portfolios widens over time because human decision-making compounds mistakes, not just returns. Cutting winners early, holding losers too long, reacting to headlines — each decision costs a percentage point.
Momentum investing solves this structurally. It holds what the market is rewarding and exits what the market is rejecting — based on data, not opinion. Applied systematically over multiple cycles, this approach has consistently delivered above-index returns in Indian markets.
Momentum investing solves this structurally. It holds what the market is rewarding and exits what the market is rejecting — based on data, not opinion. Applied systematically over multiple cycles, this approach has consistently delivered above-index returns in Indian markets.
Use Quant Momentum. Monthly rebalancing keeps the portfolio aligned with what the market is actually rewarding, and positions stay in until the framework's exit criteria trigger — not on a fixed calendar. Consistent outperformance isn't about being right every month; it's about staying in winning positions long enough for the data to compound.