Birla Sun Life Top 100's performance has lagged that of its peers. However, it has shown the potential to protect investors against downside risk in volatile markets vis-à-vis the broader market indices. One can stay invested for now

Launched in 2005, Birla SLTop 100 has experienced both the bearish and the bullish trends of the market, but has failed to make any significant impact on investors. This is because while the scheme's performance runs parallel to its benchmark, its peers with similar objective have ended up outperforming the markets by good margins. However, there is a visible improvement in the performance in the last couple of years. BSL Top 100 has returned -0.7% against -3.1% returns by the Nifty over the past two-year period while in the last one year, it has delivered -16% against Nifty's -18.7%. Though not spectacular, this performance means we should track the scheme in the coming months.