New Delhi, June 8 -- The Nifty 100 index has fallen 8.7% so far in 2026. Yet only 16 of the 33 active large-cap mutual funds have managed to do better.

The remaining 17 schemes have delivered steeper losses than the benchmark itself. That suggests active management has not consistently translated into better downside protection during this market correction.

The divergence within the category has also been striking. The difference between the best and worst-performing fund is more than 12 percentage points, despite all schemes operating under the same large-cap mandate.

Let's look at the funds that cushioned the fall and stood out during the correction.

Quant Large Cap Fund topped the charts with a gain of 0.7%, making it the only sch...