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Equity mutual funds slide up to 7% in a week as tech funds lead losses
Business
Published on 26 April 2026
About 11 tech funds dropped more than 3% last week
Equity mutual funds fell sharply, with some schemes dropping up to 7% in a single week. Technology-focused funds were hit hardest, losing roughly 3.14% to 7.17% as investors pared risk. Funds such as HDFC Technology Fund, Tata Digital India Fund, and ICICI Prudential Technology Fund saw notable declines during the latest downturn.
- Equity mutual funds saw steep weekly declines
- Technology-focused funds drove most of the losses
- Several major schemes fell between 3.14% and 7.17%
- HDFC Tata Digital and ICICI Prudential tech funds were among losers
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times