Hi Kartik,
if you read my post you will see my comment “- this is also a security update”.
SharePoint fixes are always cumulative.
See here for details:
https://blogs.technet.microsoft.com/stefan_gossner/2014/08/18/sharepoint-patching-demystified/
Cheers,
Stefan
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Comment on November 2015 CU for SharePoint 2013 is available for download by Stefan Goßner
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