Mumbai: More than 26 per cent of equity mutual funds in India outperformed their respective benchmarks in January this year, a report said on Monday. The report, based on analysis of 291 open-ended equity diversified funds, found that 76 mutual fund schemes managed to deliver better returns than their respective indices during January. The assets under management (AUM) of equity mutual funds stood at Rs 24,85,844 crore (excluding sectoral/thematic Funds), the report by PL Wealth Managemen
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