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Sectoral Funds Lead November Gains With Returns Touching 11 Percent

Sectoral and thematic funds outperformed in November with up to 11% returns, while mid-cap schemes posted modest gains and new launches stayed flat.
Sectoral and thematic equity mutual funds led market performance in November, delivering returns of up to 11% amid strong participation in momentum-driven themes. Mid cap schemes such as those managed by HDFC posted around 2% gains, while newly launched funds like Aditya Birla SL Conglomerate Fund reported flat early performance.