Equity mutual funds face sharp correction.

Equity mutual funds face sharp correction. Last week saw significant volatility across global markets, with equity mutual funds declining up to six percent between March twenty-three and twenty-seven. International funds were among the hardest hit, reflecting broader market turbulence. Edelweiss US Technology Equity FOF led losses at negative six point zero seven percent, followed by Mirae Asset Global X Artificial Intelligence and Technology ETF at negative five point fifty-eight percent. Nippon India US Equity Opportunity Fund fell four point forty-two percent while Axis Global Innovation declined four point twenty-one percent. Global indices showed mixed performance, with Nasdaq down four point fifty-four percent and S&P five hundred down three point twenty-two percent.