More than 80 per cent of large-cap funds underperformed their benchmark More than 80 per cent of large-cap funds underperformed their benchmark According to the S&P DJI SPIVA India Scorecard, more than 80 per cent of large-cap funds underperformed their benchmark. Continue reading to find out more. Henil Shah / Thursday, April 14, 2022 / Article rating: 5.0 According to the S&P DJI SPIVA India Scorecard, more than 80 per cent of large-cap funds underperformed their benchmark. Continue reading to find out more.