Why does iptables rule deletion fail for rules with ipset match " --match-set"?

Issue

• Deletion of iptables rule that uses ipset fails as follows when the rule is specified :

[root@test ~]# iptables -t mangle -S test-mangle
-N test-mangle
-A test-mangle -m set --match-set foo dst -j ACCEPT 
[root@test ~]# iptables -t mangle -D test-mangle -m set --match-set foo dst -j ACCEPT
iptables: Bad rule (does a matching rule exist in that chain?).
[root@test ~]#

• However, the deletion works when the rule specification is replaced with the rule number:

[root@test ~]# iptables -t mangle -L test-mangle --line-numbers
Chain test-mangle (0 references)
num  target     prot opt source               destination         
1    ACCEPT     all  --  anywhere             anywhere            match-set foo dst
[root@test ~]# iptables -t mangle -D test-mangle 1
[root@test ~]# iptables -t mangle -L test-mangle --line-numbers
Chain test-mangle (0 references)
num  target     prot opt source               destination
[root@test ~]#