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The cost of a quiet underperformer

Nearly half of regular-plan funds trail their benchmark over 5 years. Few investors notice in time.

A gap of two or three percentage points a year sounds survivable. Over the years of a SIP it decides whether you retire on one corpus or another. The damage is invisible month to month, which is exactly why it persists.

FinChaya analysis of AMFI NAVs and each fund’s own benchmark (total return): 191 equity funds with a matching benchmark, 5 years to 7 Oct 2026. Regular plans: 47% trailed. Direct plans: 28% trailed. Funds that have closed or merged are not counted.

₹25,000 monthly SIP · 20 years
₹60.0 L put in
5 yearshow long the SIP runs35 years
—
8%what the benchmark returns a year15%
—
4%how far behind the benchmark?11.5%
Cost of the gap (3 points a year) —

Illustration only, computed live in your browser from the two rates and the number of years shown. Not a projection, not a promise, and not investment advice.

How it works

Three steps.

Nothing here is opinion. Every number traces back to a disclosed holding or a published price.

STEP 01

Read the portfolio

SEBI requires every AMC to disclose full holdings monthly. We parse those files directly — every stock, every weight, straight from the source.

STEP 02

Look through

See which companies and sectors sit underneath a fund, and how much of each — and, across several funds, where they quietly hold the same things.

STEP 03

Set it beside the returns

Returns against the fund's own benchmark and against other funds in its category, over the periods that matter — measured, not predicted.

From the journal

Plain-language writing on how this actually works.

Coming soon

Fund scores.

We are completing the registration needed to publish fund scores and rankings. Until then, holdings, weights and returns are all open to browse.

Look inside your own funds

Every fund, open to browse.

Search by name above, or work through the full list by category.