Are small caps better then large caps or mid caps in bearish markets ?

When you look at the statistics of recent downfalls in sensex, you will notice that small cap index BSE Small Cap is the one which has been least badly hit, than compared to BSE SENSEX, BSE MIDCAP or BSE 100. I have always considered small cap investment as risky investment but these satistics made me think the other way. I would have been pleased to post the exact numbers here but im not getting past values right now. I will be back with them very soon. Till then just to keep you thinking, here is a comparison, in the past 3 months, BSE Small Cap have grown by +6.7% , BSE MIDCAP have grown by +2.8% and BSE SENSEX fell by -1.1% !