Goldman Sachs’ India bets slide in FY26; 5 stocks crash over 50% but one turns multibagger

Goldman Sachs’ Indian equity portfolio, held through its global funds, saw a sharp 36% decline in FY26, falling from Rs 11,940 crore in March 2025 to Rs 7,610 crore as of March 27, 2026. As of the December 2025 quarter, the portfolio comprised about 48 stocks, of which around 28 declined between 10% and 60% during FY26, with the top five laggards losing over 50%.

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