Equity funds with the shallowest falls
58 funds match this screen, ranked on maximum drawdown. Which equity funds fell least in the worst stretch?
Criteria: Equity funds whose deepest peak-to-trough fall was no worse than −20%.
Median equity drawdown is −30.8%, and the worst quarter of the category fell more than 37%. This screen is about what it felt like to hold the fund through its worst run — the number people actually react to, and the reason they sell at the bottom.
Equity funds with the shallowest falls, ranked by maximum drawdown
| # | ||||||||
|---|---|---|---|---|---|---|---|---|
| 1 | HSBC CRISIL IBX Gilt June 2027 Index Fund - Direct - Growth | Index Funds | -0.5% | +7.33% | 0% | +7.29% | ₹181 Cr | 0.15% |
| 2 | HSBC CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund - Direct - Growth | Index Funds | -2.4% | +7.89% | 0% | +7.35% | ₹1,749 Cr | 0.19% |
| 3 | Mirae Asset Nifty SDL Jun 2027 Index Fund - Direct Plan - GrowthSilver | Index Funds | -3.6% | +7.77% | 0% | +7.48% | ₹475 Cr | 0.23% |
| 4 | ICICI Prudential Business Cycle Fund Direct Plan GrowthSilver | Sectoral/Thematic | -14.4% | +23.55% | 93% | +14.74% | ₹15,873 Cr | 1.01% |
| 5 | LIC MF Healthcare Fund-Direct Plan-GrowthPlatinum | Sectoral/Thematic | -15.1% | — | — | +23.76% | ₹103 Cr | 1.37% |
| 6 | SBI Multicap Fund- Direct Plan- Growth optionBronze | Multi Cap Fund | -15.1% | +17.34% | 19% | +13.08% | ₹24,525 Cr | 1.07% |
| 7 | WhiteOak Capital Large Cap Fund Direct Plan GrowthGold | Large Cap Fund | -15.3% | +16.82% | 79% | +12.78% | ₹1,276 Cr | 0.92% |
| 8 | NAVI ELSS TAX SAVER NIFTY 50 INDEX FUND - DIRECT PLAN GROWTH | ELSS | -15.5% | +9.07% | 0% | +6.53% | ₹154 Cr | 0.24% |
| 9 | HSBC NIFTY 50 INDEX FUND - Direct Growth | Index Funds | -15.5% | +10.96% | 33% | +6.57% | ₹392 Cr | 0.22% |
| 10 | WhiteOak Capital Flexi Cap Fund Direct Plan-GrowthGold | Flexi Cap Fund | -15.6% | +20.09% | 91% | +14.39% | ₹9,595 Cr | 0.83% |
| 11 | Mirae Asset Flexi Cap Fund - Direct Plan - GrowthSilver | Flexi Cap Fund | -16.1% | +15.02% | 25% | +12.39% | ₹4,506 Cr | 0.72% |
| 12 | Sundaram Large Cap Fund (Formerly Known as Sundaram Blue Chip Fund)Direct Plan - GrowthBronze | Large Cap Fund | -16.2% | +14.19% | 43% | +7.42% | ₹3,056 Cr | 0.87% |
| 13 | WhiteOak Capital ELSS Tax Saver Fund Direct Plan GrowthPlatinum | ELSS | -16.4% | +20.71% | 93% | +15.98% | ₹507 Cr | 0.87% |
| 14 | DSP Value Fund - Direct Plan - GrowthGold | Value Fund | -16.4% | +18.67% | 49% | +16.18% | ₹2,220 Cr | 1.55% |
| 15 | Mahindra Manulife Focused Fund - Direct Plan -GrowthSilver | Focused Fund | -16.5% | +21.84% | 93% | +12.73% | ₹2,109 Cr | 0.87% |
| 16 | ICICI Prudential Quant Fund Direct Plan Growth | Sectoral/Thematic | -16.5% | +17.63% | 46% | +11.43% | ₹169 Cr | 2.07% |
| 17 | ICICI Prudential Innovation Fund - Direct Plan - GrowthGold | Sectoral/Thematic | -16.5% | +21.40% | 99% | +19.06% | ₹8,012 Cr | 1.24% |
| 18 | ICICI PRUDENTIAL HOUSING OPPORTUNITIES FUND - Direct Plan Growth | Sectoral/Thematic | -16.7% | +18.39% | 57% | +11.20% | ₹2,728 Cr | 1.23% |
| 19 | Kotak Banking & Financial Services Fund - Direct Plan - GrowthSilver | Sectoral/Thematic | -16.7% | +14.77% | 4% | +12.03% | ₹1,561 Cr | 0.80% |
| 20 | ITI Banking and Financial Services Fund - Direct Plan - Growth OptionSilver | Sectoral/Thematic | -16.7% | +15.02% | 19% | +11.33% | ₹388 Cr | 1.08% |
| 21 | WhiteOak Capital Multi Cap Fund Direct Plan GrowthSilver | Multi Cap Fund | -16.9% | — | — | +18.36% | ₹4,385 Cr | 0.89% |
| 22 | Edelweiss Focused Fund - Direct Plan - GrowthSilver | Focused Fund | -17.1% | +18.25% | 66% | +12.41% | ₹1,051 Cr | 0.83% |
| 23 | Mahindra Manulife Flexi Cap Fund - Direct Plan -Growth | Flexi Cap Fund | -17.2% | +17.72% | 62% | +10.22% | ₹1,590 Cr | 0.96% |
| 24 | BANDHAN FINANCIAL SERVICES FUND - DIRECT PLAN - GROWTHBronze | Sectoral/Thematic | -17.3% | — | — | +14.74% | ₹1,122 Cr | 0.99% |
| 25 | BARODA BNP PARIBAS ELSS Tax Saver Fund - Direct Plan - Growth OptionGold | ELSS | -17.3% | +19.55% | 76% | +15.03% | ₹930 Cr | 1.28% |
| 26 | Bajaj Finserv Flexi Cap Fund-Direct Plan-GrowthGold | Flexi Cap Fund | -17.5% | — | — | +16.65% | ₹8,655 Cr | 0.98% |
| 27 | ITI Pharma and Healthcare Fund - Direct Plan - Growth OptionPlatinum | Sectoral/Thematic | -17.7% | +21.46% | 100% | +21.36% | ₹276 Cr | 0.92% |
| 28 | Aditya Birla Sun Life Business Cycle Fund-Direct GrowthGold | Sectoral/Thematic | -17.8% | +14.79% | 11% | +13.08% | ₹1,844 Cr | 1.65% |
| 29 | Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund-Direct GrowthBronze | Index Funds | -18.0% | +16.95% | 98% | +10.95% | ₹535 Cr | 0.40% |
| 30 | HDFC Business Cycle Fund - Growth Option - Direct PlanSilver | Sectoral/Thematic | -18.0% | +13.01% | 0% | +11.63% | ₹2,775 Cr | 1.14% |
| 31 | Axis Multicap Fund - Direct GrowthPlatinum | Multi Cap Fund | -18.1% | +22.72% | 98% | +19.49% | ₹11,985 Cr | 1.01% |
| 32 | 360 ONE FLEXICAP FUND-DIRECT PLAN- GROWTHPlatinum | Flexi Cap Fund | -18.1% | — | — | +17.47% | ₹2,250 Cr | 0.92% |
| 33 | Canara Robeco Focused Fund - Direct Plan - Growth OptionBronze | Focused Fund | -18.1% | +18.88% | 72% | +12.43% | ₹2,920 Cr | 0.81% |
| 34 | BARODA BNP PARIBAS LARGE CAP Fund - Direct Plan - Growth OptionGold | Large Cap Fund | -18.2% | +16.55% | 74% | +11.36% | ₹2,641 Cr | 0.88% |
| 35 | Mirae Asset Multicap Fund - Direct Plan - GrowthBronze | Multi Cap Fund | -18.2% | — | — | +13.66% | ₹5,619 Cr | 0.85% |
| 36 | BANDHAN MULTI CAP FUND - GROWTH - DIRECT PLAN | Multi Cap Fund | -18.3% | +18.56% | 50% | +12.54% | ₹3,074 Cr | 0.93% |
| 37 | Canara Robeco Multi Cap Fund - Direct Plan - Growth OptionBronze | Multi Cap Fund | -18.3% | — | — | +14.20% | ₹5,951 Cr | 0.65% |
| 38 | Kotak Business Cycle - Direct Plan - GrowthGold | Sectoral/Thematic | -18.4% | +18.24% | 61% | +16.17% | ₹3,509 Cr | 0.77% |
| 39 | ITI Focused Fund - Direct Plan - GrowthGold | Focused Fund | -18.4% | — | — | +17.75% | ₹629 Cr | 0.91% |
| 40 | BARODA BNP PARIBAS Mid Cap Fund - Direct Plan - Growth OptionGold | Mid Cap Fund | -18.6% | +21.46% | 46% | +16.47% | ₹2,658 Cr | 0.78% |
| 41 | Canara Robeco Value Fund - Direct Plan - Growth OptionBronze | Value Fund | -19.0% | +19.25% | 59% | +10.89% | ₹1,299 Cr | 0.85% |
| 42 | ICICI Prudential ESG Exclusionary Strategy Fund - Direct Plan - Growth | Sectoral/Thematic | -19.2% | +18.10% | 59% | +11.51% | ₹1,356 Cr | 1.26% |
| 43 | HSBC ELSS Tax saver Fund - Direct GrowthGold | ELSS | -19.2% | +18.52% | 73% | +16.16% | ₹4,229 Cr | 1.22% |
| 44 | Axis Business Cycles Fund - Direct Plan - GrowthSilver | Sectoral/Thematic | -19.3% | +15.60% | 15% | +13.58% | ₹2,168 Cr | 1.60% |
| 45 | UTI Focused Fund - Direct Plan - Growth Option | Focused Fund | -19.3% | +16.09% | 38% | +9.74% | ₹2,487 Cr | 1.12% |
| 46 | LIC MF Multi Cap Fund-Direct Plan-GrowthSilver | Multi Cap Fund | -19.3% | +20.76% | 95% | +17.93% | ₹2,254 Cr | 0.77% |
| 47 | WhiteOak Capital Mid Cap Fund Direct Plan GrowthPlatinum | Mid Cap Fund | -19.3% | +26.56% | 99% | +21.55% | ₹7,485 Cr | 0.94% |
| 48 | Invesco India Flexi Cap Fund - Direct Plan - GrowthGold | Flexi Cap Fund | -19.4% | +22.10% | 100% | +17.42% | ₹5,709 Cr | 0.85% |
| 49 | Sundaram Multi Cap Fund (Formerly Known as Principal Multi Cap Growth Fund)-Direct Plan - Growth Option | Multi Cap Fund | -19.4% | +17.36% | 30% | +12.80% | ₹3,070 Cr | 1.26% |
| 50 | HSBC Value Fund - Direct GrowthGold | Value Fund | -19.6% | +22.14% | 84% | +15.54% | ₹15,373 Cr | 0.89% |
| 51 | ICICI Prudential Flexicap Fund - Direct Plan - GrowthGold | Flexi Cap Fund | -19.7% | +20.06% | 94% | +15.93% | ₹25,895 Cr | 0.88% |
| 52 | Baroda BNP Paribas Value Fund - Direct Plan - Growth option | Value Fund | -19.8% | — | — | +9.23% | ₹993 Cr | 1.33% |
| 53 | JM Large Cap Fund (Direct) - Growth OptionPlatinum | Large Cap Fund | -19.8% | +14.13% | 46% | +10.49% | ₹394 Cr | 1.18% |
| 54 | Nippon India Flexi Cap Fund - Direct Plan - Growth Plan - Growth Option | Flexi Cap Fund | -19.8% | +16.87% | 54% | +10.25% | ₹9,822 Cr | 0.65% |
| 55 | Union Multicap Fund - Direct Plan - Growth OptionGold | Multi Cap Fund | -19.8% | +18.25% | 44% | +15.07% | ₹1,562 Cr | 1.41% |
| 56 | Tata India Pharma & Healthcare Fund-Direct Plan-GrowthPlatinum | Sectoral/Thematic | -19.8% | +21.21% | 69% | +20.69% | ₹1,565 Cr | 1.06% |
| 57 | Aditya Birla Sun Life Multi-Cap Fund-Direct GrowthGold | Multi Cap Fund | -19.9% | +18.13% | 41% | +14.73% | ₹7,531 Cr | 1.02% |
| 58 | Mirae Asset Healthcare Fund - Direct Plan - GrowthPlatinum | Sectoral/Thematic | -20.0% | +23.24% | 85% | +24.03% | ₹3,555 Cr | 0.61% |
Badges are our own quality tiers — Platinum (top 10%), Gold (25%), Silver (50%), Bronze (75%) — scored within each sub-category, so they compare a fund with its peers and not with funds of a different type. “3Y typical” is the median annualised return across every 3-year holding period the fund has lived through, not a single 3-year figure; “3Y loss odds” is the share of those periods that ended down. “Beat peers” is the share in which it beat its category's median, and “worst fall” is its deepest peak-to-trough drop. Open a fund for the full distribution. Click any column heading to re-sort — including the fund name, which groups a house’s funds together. Funds with no value for a column sort last. Returns over 1 year are annualised (CAGR). Past performance does not indicate future returns. Eligibility: Direct plan, Growth option. Wound-up, suspended and distributing (IDCW/payout) variants are excluded. Distributing funds are matched by NAME as well as by option, because the option field is wrong on around 100 schemes.