Over 60% of Alternative Investment Funds (AIFs) outperformed the Nifty50 index in November 2024, with 72 AIFs showing positive returns while the index fell by 0.3%. Notably, three funds exceeded 10% gains: Northern Arc Investment Managers IFMR Fimpact Long Term Credit Fund (up 12.6%), Vivriti Asset Managers Alpha Debt Fund Enhanced (up 11.5%), and Alpha Debt Fund (up 10.5%). AIFs, regulated by SEBI, require a minimum investment of Rs 1 crore. Performance varied across categories, with some Category III funds also posting gains, including Whitespace Alpha Debt Plus Fund and Carnelian Asset Managers Structural Shift Fund.