How India’s biggest equity mutual funds are performing amid market falls?

As Indian markets continue to fall, some actively managed mutual funds have cushioned losses better than their benchmarks. Nippon India Small Cap Fund gained 1.24% over two months, while its benchmark fell 0.10%, and Parag Parikh Flexi Cap Fund declined 2.85% against a 5.34% drop in its benchmark. However, the biggest funds in other categories have slightly underperformed their benchmarks.