Equity mutual funds in India faced a challenging week, with losses reaching up to 7% across 613 schemes, including mutual funds and systematic investment plans (SIPs). The BSE Sensex dropped 2.36%, while the Nifty50 fell 1.91%. Technology-focused funds were particularly affected, with losses ranging from 3.14% to 7.17% for top funds such as HDFC Technology Fund and Tata Digital India Fund. Additionally, HDFC Transportation and Logistics Fund and Quantum ESG Best in Class Strategy Fund saw declines of 2.96% and 2.77%, respectively. Despite the overall downturn, 161 funds managed to deliver positive returns, primarily driven by international funds, which gained between 0.01% and 4.22%. This mixed performance reflects the volatility in global markets, where the Hang Seng and Dow Jones also faced declines, contrasting with gains in the S&P 500 and Nasdaq.