The recent correction in Indian equities has led to mid-cap and small-cap funds underperforming, weighed against large-cap funds. Participants in the mutual fund (MF) industry observe that the worst is not behind us, and investors must tread with caution.
The data from Value Research reveals that in the past month, mid-cap and small-cap funds have on average fallen 7.54 per cent and 9.77 per cent, respectively.
