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NDA funds team is mostly gone. Not just to Trilegal but also to NDA alum startups - Rajaram, Bombay Law Chambers and Anagram.
would replace azb with trilegal in the above list due to recent team migration. The order of preference amongst the top 5 should be:

ic legal
trilegal
khaitan
cam
nda
NDA was the original funds team from that team people went to different firms. Currently trilegal and kco have good investment funds team.
Takes a hit during recessions. Great when high liquidity. Entirely different ball game
Funds practice- how viable is it for a long term career?
Please compare with M&A and capital markets because that's where I'm working rn with a T1