India’s leading IT stocks suffered their worst monthly decline since the 2008 global financial crisis, with the Nifty IT index plunging 21% in February, wiping out ₹1.18 lakh crore in notional value from LIC and domestic mutual funds alone. The sharp fall hit ordinary savers hard as mutual funds lost ₹74,666 crore and LIC ₹43,318 crore on paper, mainly from heavy exposure to Infosys and TCS, thoug