How Bandhan Large & Mid Cap Fund survived The 2008 Global Financial Crisis
Lehman Brothers collapsed, global credit froze, and the Sensex fell from 21,000 to under 8,200 in 14 months — the deepest crash in modern Indian market history. FIIs pulled out ₹53,000 crore. Investors who fled locked in their losses; those who stayed saw one of the greatest recoveries ever.
The fall
-61.5%
7 Jan 2008 → 9 Mar 2009
Index fell
-61%
Sensex, peak to trough
Recovery time
Not yet
as of 1 Sept 2026
₹1L at the peak → today
₹5,33,268
worst-possible timing, held on
The full round trip
NAV from 1 Jan 2008 to 27 Sept 2010 — peak ₹26.59, bottom ₹10.2366.
The ₹1 lakh stress test — invested at the worst possible moment
| Invested at the pre-crash peak (7 Jan 2008) | ₹1,00,000 |
| Value at the bottom (9 Mar 2009) | ₹38,498 |
| Value one year after the peak | ₹44,698 |
| Value today (1 Sept 2026) | ₹5,33,268 |
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
₹21,76,185
Return
+807%
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 Large & Mid Cap funds in this crash
How this page is produced
Every figure above is computed from our archive of published AMFI NAV history for Bandhan Large & Mid Cap 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.