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PL Wealth Management, PL Capital - Prabhudas Lilladher’s wealth management arm, in its latest study on mutual fund performance analysis cited that the AUM (assets under management) of equity mutual funds have witnessed a decline/growth by 0.41% sequentially to INR  25,84,851 crore in December 2024 from INR  25,74,205 crore in November 2024 excluding Sectoral / Thematic Funds). The study which is based on 291 open-ended equity diversified funds cited that 60.82% of these funds have outperformed their respective benchmarks over the past one month, ending December 31^st, 2024. The cumulative total of funds that outperformed stood at 177 during the month ending December 31^st, 2024 (one month).

Flexi Cap Fund was the best performing category where 79.49% of the schemes outperformed the benchmark. It was followed by schemes of Large Cap funds and Multi Cap Funds which outperformed their respective benchmarks by 71.88% and 71.43% respectively during the month of December 2024.

Value Contra Div. Yield Funds were the least performing fund category with only 36.36% of funds outperforming the benchmark.

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