Stock markets have seen sharp correction in the past few months. The frontline indices -- S&P BSE Sensex and CNX NSE Nifty -- have fallen about 13% each from their previous highs hit on April 4. The correction has been due to a range of factors, including weakness of rupee, rising interest rates, rising inflation, uptick in prices of Crude Oil, ongoing Russia-Ukraine conflict and concerns over resurgence of Covid-19 cases. Recent developments have affected different sectors and different segments of the stock markets. Here, we look at how different categories of equity mutual funds -- sector-oriented, theme-based and market-cap based -- have been affected during this market correction.
