Around 86% of equity mutual funds outperformed their benchmarks in November. Contra, small-cap, flexi-cap, ELSS, multi-cap, large-cap, and large & mid-cap funds all showed strong outperformance. Only a small number of funds failed to beat their benchmarks.
9 equity mutual fund categories saw over 20% surge in AUM in 2024
The AUM of sectoral and thematic funds went up by 74% in 2024 from Rs 2.71 lakh crore in January to Rs 4.72 lakh crore