Goldman Sachs India Portfolio Declines 27% in CY26 Despite 10 Gainers
· Business · Economic Times
Goldman Sachs' Indian equity portfolio, held through its global funds, declined sharply by 27% in CY26, with its total value falling from Rs 9,015 crore in December 2025 to Rs 6,585 crore as of September 11, 2026. As of the June 2026 quarter, the portfolio comprised approximately 39 stocks, of which 18 declined by 10% to 40% during the period. Despite the overall contraction, 10 stocks delivered gains ranging from 20% to 130%. TD Power Systems emerged as the top performer with a 129% surge, followed by GNG Electronics with a 121% rally and Inox India with a 98% gain. CMR Green Technologies was newly added to the portfolio during the June 2026 quarter.
Why it matters
The performance of institutional portfolios like Goldman Sachs provides insight into foreign institutional sentiment and sector-specific momentum within Indian equities.
Read the original report — Economic Times
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