86% equity mutual funds outperform their benchmarks in November

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.

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Asian stocks decline as Fed rate cut bets wane

Asian stocks declined following mixed US inflation data, leading traders to reduce bets on Federal Reserve interest rate cuts. Concerns about persistent inflation were reinforced