The bullet should come from the mold very close to groove diameter.
I've never been able to improve accuracy by sizing bullets down.
If the groove diameter is .4085 I could get a .407 to .4095 bullet to shoot accurate.
If the chamber neck area is to small in diameter you can either open it up with a neck reamer or try smaller, softer bullets. If you want to shoot oversize bullets like .411 through a .4085 barrel you might want to neck ream and cut a long taper in the throat.
Using the correct size bullet seems a lot easier to me.
But then, you could size the bullets down and then swedge them back into shape with a bullet swedge.
You want a mold that casts a .408 bullet. Simple.

Wait a minute!!!

Straight or tapered bullet?? Oh man!

Now we have to start all over again.

No, no . Use a tapered bullet. They shoot better than straight bullets.
Wait a minute! You shootin BP or the much superior smokeless powder?

Just kiddin! Doesnt matter. Yuk yuk.

Joe.