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While average returns across equity schemes fell 46%, certain categories including large-cap, large & mid-cap, and flexi-cap funds stood out, with a handful of schemes posting positive one-year absolute returns.
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South Korean shares soared to a record high on Thursday, driven by a significant surge in chipmakers Samsung Electronics and SK Hynix. Both companies secured a major deal to supply memory chips for OpenAI's data centres, propelling the benchmark KOSPI over 3%.
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The rise has been driven by a sharp increase in the value of his electric car company Tesla.
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