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Defence stocks fire up! Paras Defence, GRSE, other stocks jump up to 10% as govt notifies 6th indigenisation list

Defence stocks surged up to 10% after the Defence Ministry unveiled its sixth Positive Indigenisation List covering 405 items with Rs 3,070 crore business potential. The move aims to boost domestic manufacturing, innovation and investment while reducing Indias dependence on defence imports.

The Economic Times 18 Aug 2026 3:43 pm

What's the goal behind monthly SIPs? Deepak Shenoy says it's not averaging out market volatility

Capitalmind founder Deepak Shenoy said the primary purpose of SIPs is not to average out market volatility, but to align investments with peoples monthly income cycle. He argued that investors typically earn, save and invest each month, making monthly SIPs a natural way to build wealth, while price averaging is merely a by-product.

The Economic Times 18 Aug 2026 3:26 pm

Succession Planning: 8 key tax considerations you should take into account

Succession planning involves connected legal and tax events, not just death. Income earned before death must be reported by the deceased's representative. Income arising after death is taxable to the executor or administrator. Individual and HUF property tax treatments differ significantly based on acquisition. Proper record-keeping is essential for calculating capital gains and tax liabilities.

The Economic Times 18 Aug 2026 3:18 pm

Who pays for repair of leakage from a neighbour's bathroom? Maharashtra co-op court clarifies housing society's liability

Leakage in concealed plumbing lines of 1st floor bathroom led to ground floor residents facing water leakage; Maharashtra court rules housing society cannot be held responsible for leakage or repairs inside individual units

The Economic Times 18 Aug 2026 3:02 pm

SBI's error in depositing TDS cost landlord Rs 2.7 lakh in TDS credit; Landlord fights in ITAT Agra and wins the case

SBI paid Rs 40.62 lakh rent to three landlords but erroneously reported entire TDS against one landlord's PAN, leading to tax dept denying Rs 2.7 lakh TDS credit as landlord only declared 1/3rd rent in ITR; Landlord fights in ITAT Agra and wins case; Know why

The Economic Times 18 Aug 2026 2:35 pm

ICICI Bank mops up $750 million by issuing bonds to overseas investors

The bonds were raised through its IFSC banking unit at a coupon rate of 5.417 per cent, ICICI Bank said in a regulatory filing.

The Hindu Businessline 18 Aug 2026 2:28 pm

UPI growth pushes banks to look beyond payments for revenue: McKinsey

Unlike card payments, which generate transaction-linked revenues for financial institutions, instant payments can be harder to monetise directly

The Hindu Businessline 18 Aug 2026 1:58 pm

BSE, RIL, Paytm among stocks bought and sold by HDFC Mutual Fund in July

July was a busy month for HDFC Mutual Fund, which ramped up its investments by increasing its stakes in about 422 stocks. Simultaneously, the fund reduced its involvement in 164 stocks, affecting numerous prominent companies. They integrated five new stocks and fully exited from J.B. Chemicals and Nilkamal. HDFC Mutual Fund now manages a total of around 703 stocks, heavily weighted towards financial services.

The Economic Times 18 Aug 2026 1:46 pm

No UPS pension for retirees; FM urged to intervene

The Economic Times 18 Aug 2026 1:35 pm

SIF AUM crosses Rs 23,000 crore in July; Hybrid Long-Short funds lead with 66% share

SIF strategies attracted Rs 4,922 crore in inflows in July, up from Rs 3,782 crore in June. Since October 2024, the category has received Rs 22,328 crore, according to ValueMetrics.

The Economic Times 18 Aug 2026 12:57 pm

Cash still king in India despite digital boom, says RBI Deputy Governor Murmu

Addressing central bankers from across the world, Murmu noted that currency in circulation continues to grow at double-digit rates despite a decline in cashs share of individual transactions due to increasing digital payment adoption.

The Hindu Businessline 18 Aug 2026 12:38 pm

Should I sell my flat and invest to earn interest, or keep it and earn rent in my retirement?

ET Wealth Reader's Query: I own a two-bedroom flat in Bengaluru, which is about 10 years old, and have no outstanding loan. I am a senior citizen with pension income and live with my son. Should I retain the property and earn rental income, or sell it and invest the proceeds in fixed deposits for a steady interest? Currently, my annual income is below Rs 12 lakh, so I am not liable to pay any tax.

The Economic Times 18 Aug 2026 11:53 am

BSE shares drop 3% after second downgrade in two days. Nuvama lists CAS among 3 key headwinds

BSE shares extended their losing streak after Nuvama downgraded the stock to Hold and cut its target price, citing three key concerns: the impact of CAS on trading volumes, tighter bank guarantee norms and limited scope for further market-share gains. Jefferies also recently downgraded the stock, adding to pressure on its earnings outlook.

The Economic Times 18 Aug 2026 11:42 am

Rising oil, US yields add to rupee pressure after RBI move

The rupee is expected to open in the 95.68 to 95.72 range, traders said, after settling at 95.6025 to the dollar on Monday

The Hindu Businessline 18 Aug 2026 9:27 am

HDFC Defence Fund adds Cochin Shipyard & INDO-MIM, increases stake in HAL, Mazagon Dock, 5 others

In July, the HDFC Defence Fund made significant moves by adding Cochin Shipyard and INDO-MIM to its portfolio. The fund also augmented its investments in Hindustan Aeronautics and Mazagon Dock Shipbuilders, while expanding its holdings in five additional defence sector stocks. However, it opted to reduce its stakes in three companies, including Aequs, leaving the fund's portfolio with a total of twenty-four varied defence-related stocks.

The Economic Times 18 Aug 2026 9:24 am

Cipla Share Price Live Updates: Cipla's Recent Performance

The Economic Times 18 Aug 2026 8:18 am

HDFC Bank Share Price Live Updates: HDFC Bank Stock Update

The Economic Times 18 Aug 2026 8:18 am

ITC Share Price Live Updates: ITC Price Movement Analysis

The Economic Times 18 Aug 2026 8:17 am

ONGC Share Price Live Updates: ONGC News

The Economic Times 18 Aug 2026 8:16 am

NRI bought life insurance policy in Dubai from a foreign insurer, got maturity proceeds after returning to India, his claim for tax exemption was denied; he won the case in ITAT for this reason

An Indian resident successfully challenged the tax department's claim of undisclosed foreign income on maturity proceeds from a Dubai life insurance policy. The ITAT ruled that foreign insurer policies are not automatically subject to the Black Money Act, especially when premiums originate from non-taxable foreign earnings. This landmark decision offers clarity for NRIs and returning NRIs.

The Economic Times 18 Aug 2026 7:00 am

ICICI Bank overtakes HDFC Bank as top MF holding in July

ICICI Bank now leads mutual fund portfolios, surpassing HDFC Bank in July. This shift reflects investor concerns over HDFC Bank's leadership succession and governance issues. ICICI Bank has shown a steadier stock performance and stable results recently. Mutual funds have increased holdings in both banks, while overseas ownership has reduced. Reliance Industries, Bharti Airtel, and Axis Bank follow as top mutual fund holdings.

The Economic Times 18 Aug 2026 5:50 am

Sebi tightens mutual fund sponsor disclosure norms

Sebi is enhancing transparency in the mutual fund industry by requiring comprehensive disclosures from fund sponsors. The new single application form simplifies the registration for new funds, compelling sponsors to elaborate on their ownership structures, financial stability, and governance practices. Moreover, this revised process mandates compliance with established eligibility criteria and experience norms, ensuring a more robust foundation for mutual fund establishments.

The Economic Times 18 Aug 2026 5:47 am

Jio BlackRock AMC launches regular mutual fund plans available via distributors

JioBlackRock Asset Management has launched regular plans for eligible mutual fund schemes, expanding beyond its existing direct-plan offerings. Available through empanelled distributors from August 17, the move aims to broaden investor access while strengthening partnerships with Indias growing mutual fund distribution network.

The Economic Times 17 Aug 2026 9:03 pm

Axis Bank prices its Senior Notes aggregating $300 million at 5.179%

These Senior Notes form part of the private sector banks $5 billionGlobal Medium Term Note programme.

The Hindu Businessline 17 Aug 2026 8:50 pm

Sebi makes mutual fund registration simpler with one application form

Sebi has replaced multiple mutual fund registration forms with a single consolidated application, simplifying the approval process for new sponsors. The revised form captures ownership, financial strength, regulatory history, management, infrastructure and investor services while retaining detailed eligibility and compliance requirements.

The Economic Times 17 Aug 2026 7:31 pm

Airtel Payments Bank Chairman Sunil Mittal steps down; Shabnam Sinha to succeed

Sinha will take on a three-year term starting October 1, 2026, pending Board appointment and RBI approval, the company announced

The Hindu Businessline 17 Aug 2026 7:26 pm

FCNR(B) inflows stabilise rupee but fail to trigger 2013-style rally

Heavy foreign-currency inflows have strengthened the central banks ability to manage volatility, but broader global forces continue to shape exchange rates.

The Hindu Businessline 17 Aug 2026 6:43 pm

REIT unitholder income grows: REIT income distribution doubles in one year to Rs 3,136 crore in Q1 FY27, number of listed trusts rises to six

India's six publicly listed Real Estate Investment Trusts (REITs) achieved remarkable results in Q1 FY27, doubling their distributions to a total of Rs 3,136 crore, which marks a 101% rise from the previous year. In addition to this significant financial milestone, the number of listed REITs grew from four to six, managing more than 214 million square feet of valuable real estate.

The Economic Times 17 Aug 2026 6:12 pm

FM asks public sector banks to leverage strong balance sheets for next phase of growth

The government is seeking a stronger role for lenders in financing emerging opportunities as improved asset quality creates greater room for expansion.

The Hindu Businessline 17 Aug 2026 5:54 pm

Reliance Industries share price: Morgan Stanley reiterates positive view after Rolls-Royce partnership plan

Morgan Stanley retained its positive view on Reliance Industries after its partnership with Rolls-Royce to develop indigenous combat engines for Indias AMCA programme. The brokerage said the move reinforces Reliances evolving strategy.

The Economic Times 17 Aug 2026 4:40 pm

South Indian Bank unveils Onam Orumayude Olam campaign

The campaign features festive offers on Home, Car, and Personal Loans, plus exclusive debit card deals with 40+ brands at over 250 outlets in Kerala

The Hindu Businessline 17 Aug 2026 4:26 pm

Apollo Pipes and Vindhya Telelinks among top 10 unique stocks held by mutual funds in July

There were around 237 unique stocks in July. We filtered these to include only stocks with a market value of over Rs 100 crore.

The Economic Times 17 Aug 2026 3:59 pm

Birth certificate for NRIs: Why this document matters more than ever

India's birth certificate has become an indispensable document for its citizens. Recent regulations stipulate that birth registrations are mandatory for obtaining passports and various services. This alteration especially affects Non-Resident Indians facing challenges with overseas births. Any delayed registrations will now necessitate approval from a judicial authority or magistrate. Thus, maintaining precise birth records is crucial for establishing legal identity.

The Economic Times 17 Aug 2026 2:45 pm

Sunil Singhania-led Abakkus Mutual Fund crosses Rs 10,000 crore in AUM with nearly 2 lakh investors

Sunil Singhania-led Abakkus Mutual Fund has crossed the Rs 10,000 crore AUM milestone less than a year after launching its first scheme in December 2025. The fund house now has more than 1.91 lakh investors and manages three equity schemes along with a Liquid Fund.

The Economic Times 17 Aug 2026 2:35 pm

Indian Bank celebrates 120th Foundation Day with a series of community initiatives

Commits itself to strengthening financial inclusion, empowering communities and contributing to Indias journey towards a stronger, more inclusive future

The Hindu Businessline 17 Aug 2026 2:24 pm

CGHS medical reimbursement rules clarified: What employees, pensioners need to know about Rs 3,000 limit

The CGHS has updated its regulations regarding beneficiary consultations and medical investigations. All follow-up treatments and tests costing up to Rs 3,000 should be done at the same facility. For investigations over Rs 3,000, prior referral from CGHS is necessary. Consultations are valid for a seven-day period within the same specialty. Additionally, eye consultation fees now encompass three specific examination procedures.

The Economic Times 17 Aug 2026 2:16 pm

Sunil Singhania-backed Abakkus Flexi Cap Fund increases stake in RIL, Vedanta Power and 32 others

Sunil Singhania-backed Abakkus Flexi Cap Fund increased its exposure to Reliance Industries, Vedanta Power and 32 other stocks in July. The fund added shares of NTPC, Edelweiss Financial Services, Vedanta Aluminium Metal, SBI, HDFC Bank and ICICI Bank, while trimming three holdings and exiting Bank of Baroda.

The Economic Times 17 Aug 2026 2:16 pm

Yes Bank makes bond market comeback years after AT1 write-off

The bank plans to sell a benchmark-sized three-year US currency note and is holding calls with fixed-income investors starting Monday

The Hindu Businessline 17 Aug 2026 2:14 pm

Planning to invest in gold every month? Know the best options for beginners

Gold mutual funds and ETFs offer beginners convenient ways to invest small amounts monthly. Mutual funds provide professional management and easy redemption, while ETFs offer lower costs for investors comfortable using a demat account.

The Economic Times 17 Aug 2026 1:53 pm

Govt to soon announce high-level panel on 'Banking for Viksit Bharat'

Panel to comprehensively review the sector and align it with Indias next phase of growth

The Hindu Businessline 17 Aug 2026 12:55 pm

Apartment owners can't stop residents of another housing society from using common amenities if sale deed allows it, rules Karnataka HC

Apartment owners have no exclusive rights over common amenities if they signed sale deed containing a clause giving consent to sharing them with another housing society, rules Karnataka High Court. Read the article to know why the homeowners lost the case.

The Economic Times 17 Aug 2026 12:51 pm

Oil India among top 5 midcap stocks that saw highest mutual fund selling in July

Mutual funds stepped up selling in several midcap stocks in July, with Exide Industries, Kalyan Jewellers, Info Edge, FSN E-Commerce and Oil India among the biggest stocks to see net selling.

The Economic Times 17 Aug 2026 12:33 pm

Gold rate today (August 17, 2026): Check 18k, 20k, 22k, 24k gold jewellery prices from IBJA, Malabar Gold & Diamonds, Joyalukkas, Kalyan Jewellers and Tanishq in Delhi, Mumbai, Hyderabad & more cities

In today's marketplace, gold prices remain pivotal for both investors and those seeking gifts. Consumers are encouraged to explore pricing options at Tanishq alongside other top brands. The rates for 22K gold jewelry exhibit minor variances among major cities in India. Reliable pricing is provided by Malabar Gold & Diamonds, Kalyan Jewellers, and Joyalukkas. Anticipate the release of indicative retail rates from the IBJA later today.

The Economic Times 17 Aug 2026 11:57 am

Sale deed vs gift deed vs Will: Why witnesses matter differently for each

Do you need witnesses for a registered sale deed? Know what determines the validity of a registered sale deed. Know what the law says

The Economic Times 17 Aug 2026 11:31 am

NRI life insurance protection plans can be 5060% cheaper in India: Should you buy here or in your country of residence?

NRIs can buy life insurance in India to protect financial obligations. Additional KYC and underwriting requirements apply for non-resident Indians. Premiums are paid through NRE, NRO, or FCNR accounts, and currency fluctuations matter. Country of residence impacts premiums and underwriting due to risk assessments. The location of financial responsibilities guides the decision for buying insurance.

The Economic Times 17 Aug 2026 11:29 am

UK based employee sold ESOP worth Rs 26 lakh, declared Rs 1 lakh short-term capital loss, Income Tax dept treated it as unexplained gains; He fights and wins case in ITAT Mumbai

UK-based Indian employee sold 1,540 L&T Infotech shares for Rs 26 lakh which he had acquired through ESOPs, declared Rs 1 lakh short-term capital loss; Tax dept treated it as Rs 29.59 lakh unexplained gains; ITAT Mumbai rules in employee's favour. Read the article to know why.

The Economic Times 17 Aug 2026 11:06 am

Sammaan Capital eyes up to 92,000 crore annual disbursements by FY29-FY30

Under its Clear Path to Growth plan, the company is aiming to up its network from 220 branches currently to 1,600 in the next few years

The Hindu Businessline 17 Aug 2026 10:36 am

Inherited mother's land, converted it into business stock, and invested over Rs 5 crore in a new home; ITAT Surat grants Section 54F tax exemption relying on a 1983 CBDT circular; Know why

Son inherited 50% of mothers land and took it in his real estate business as business stock; brought an even larger plot for Rs 2 crore claimed Section 54F tax exemption; tax dept denies it; Heres how a 1983 CBDT circular (No. 359 dated May 10, 1983) helped him win the case in ITAT Surat. Read the article.

The Economic Times 17 Aug 2026 10:30 am

NFO Insight: ITI Multi Asset Allocation Fund opens for subscription. Should investors buy amid 22% drop in category inflows?

The ITI Multi Asset Allocation Fund has launched its subscription phase, presenting an option for diversified investments. However, this fund arrives in a sector thats currently facing diminished investor enthusiasm. Financial analysts urge potential investors to approach new fund offers with caution unless exceptional opportunities arise. Multi-asset funds are designed to spread risk and yield across different asset classes, prompting investors to assess their portfolios thoroughly before making additions.

The Economic Times 17 Aug 2026 10:25 am

Best aggressive hybrid mutual funds to invest in August 2026

If you are bothered about the uncertainties and volatility in the market, you can consider investing in aggressive hybrid mutual funds. Mutual fund advisors typically recommend aggressive hybrid fund schemes to conservative equity investors to create wealth to achieve their long-term financial goals.

The Economic Times 17 Aug 2026 10:17 am

ONGC Share Price Live Updates: ONGC's Weekly Performance

The Economic Times 17 Aug 2026 8:25 am

M&M Share Price Live Updates: M&M's Stock Price Analysis

The Economic Times 17 Aug 2026 8:20 am

SBI Share Price Live Updates: SBI Stock Details

The Economic Times 17 Aug 2026 8:01 am

Personal laws: Marriage, divorce and inheritance

If you are confused by personal finance terms, jargon and calculations, heres a series to simplify and deconstruct these for you. In the 114th part of this series, Riju Mehta explains how personal laws govern marriage, divorce and inheritance for different religions.

The Economic Times 17 Aug 2026 6:30 am

Redevelopment risks: How to protect your home, money

Ageing housing societies that were promised bigger, modern living spaces have seen builders abandon or stall construction for years, with little recourse.

The Economic Times 17 Aug 2026 6:30 am

Sandwich generation: Retirement, kids & elderly care

Luckily, the squeeze phase doesnt last forever. Kids grow up, loans get paid off and people enter peak earning years as they move towards their 50s. And given the increase in surplus during this phase, many people can accelerate retirement contributions meaningfully.

The Economic Times 17 Aug 2026 6:30 am

Moving back to India? US tax rules NRIs should know

From RSUs to retirement accounts, what returning Indians must settle beforeand afterthey land.

The Economic Times 17 Aug 2026 6:30 am

Textile stocks weave a comeback: Time to buy?

Trade deals and sourcing shift from China are reviving the sector that investors had written off.

The Economic Times 17 Aug 2026 6:30 am

Factor indices: Alpha leads in 2026

Welcome to TrendMap, your guide to the performance of different investment segments. In this edition, we present a 10-year performance tracker of various factor-based investment strategies. The annual returns are ranked for 6 key NSE Factor indices, with a broad-based index, Nifty 500, thrown in for comparison. This map shows that no single-factor strategy consistently outperforms, making a strong case for diversification. By Sameer Bhardwaj.

The Economic Times 17 Aug 2026 6:30 am

Funding higher education: Indian parents vs US NRIs

Except for a small number of government colleges of repute, the demand for good quality colleges far outstrips the supply in India. Higher education remains costly and elitist and with the advent of edupreuners, Indian children often study at universities abroad after paying a steep fee or after taking educational loans.

The Economic Times 17 Aug 2026 6:30 am

India Inc revenue surges 19.4% in Q1, strongest in nine quarters, driven by auto, banking, metals, pharma

In the June quarter, Indian companies celebrated remarkable revenue growth, reaching a nine-quarter high. Despite this, profits grew by only eleven percent, largely due to rising input costs. Key sectors such as auto, banking, metals, and pharma played a pivotal role in this expansion. Notably, small and midcap firms showcased impressive earnings per share. Looking ahead, revenue is anticipated to gain momentum from upcoming festivals and premiumization strategies.

The Economic Times 17 Aug 2026 6:26 am

Muthoot Fincorps Q1FY27 net profit soars about 4 times to 705 cr

NBFCs bottomline boosted by a jump in net interest income and gains made from sale/assignment ofloan portfolio

The Hindu Businessline 16 Aug 2026 7:39 pm

IN-SPACe proposes 500 crore third-party insurance cover for space launches

The third party damage insurance framework will likely be part of Indian Space Activity Bill

The Hindu Businessline 16 Aug 2026 6:29 pm

Recoveries gather pace for ARCs: Security Receipt redemptions outpace issuances by a wide margin in Q1

Developments on the SR front come in the wake of robust credit growth and lenders stepping up vigil on asset quality

The Hindu Businessline 16 Aug 2026 5:19 pm

Punjab & Sind Bank exploring QIP option to raise funds, bring down govt holding: MD Saha

Currently, the government holds a 93.85% stake in Delhi-headquartered Punjab & Sind Bank

The Hindu Businessline 16 Aug 2026 2:19 pm

PPFAS Mutual Fund among 6 MFs holding over Rs 10,000 crore in cash in July

Mutual funds raised their cash holdings by Rs 7,856 crore to Rs 1.90 lakh crore in July, recovering from a 19-month low in June. PPFAS held the most cash at Rs 25,291 crore, followed by SBI and HDFC Mutual Fund.

The Economic Times 16 Aug 2026 12:16 pm

Indian Bank plans to raise $400 mn via ECB this week: MD Binod Kumar

Indian Bank may mop up another $600 million via ECB before RBIs concessional swap window deadline of December 31, 2026

The Hindu Businessline 16 Aug 2026 11:42 am

Mutual fund NFOs: 8 new funds to open for subscription this week. Check key details

Eight new mutual funds are set to open for subscription this week, with five launching on August 17. The NFO lineup spans fund-of-funds, multi-asset, flexi-cap, healthcare, silver ETF and debt categories, with minimum investments ranging from Rs 100 to Rs 5,000.

The Economic Times 16 Aug 2026 11:24 am

Physicswallah among top 5 smallcap stocks facing highest mutual fund selling in July

Mutual funds reduced their exposure to several small-cap stocks in July, with Amara Raja Enterprises witnessing the highest net selling. Welspun Corporation, NBCC, IIFL Finance and Physicswallah were the other major names on the list, according to Motilal Oswal Financial Services. Monthly shareholding changes ranged from a 10.5% decline to an 8.5% increase.

The Economic Times 16 Aug 2026 10:16 am

Equity mutual funds delivered up to 6% return last week. Check top 5 gainers

Equity mutual funds delivered returns of up to nearly 6% during August 1015, led by international schemes. Invesco IndiaInvesco Global Consumer Trends FoF topped the list with 5.59%, followed by Nippon India Taiwan Equity Fund at 5.49%.

The Economic Times 16 Aug 2026 9:47 am

PhonePe widens lead as UPI transactions climb to 23.66 billion in July

Paytm remained the third-largest player. Its monthly transaction count increased to 1.90 billion from 1.80 billion in June

The Hindu Businessline 15 Aug 2026 8:05 pm

Monarch Mutual Fund set to enter MF space with maiden overnight fund; files draft with Sebi

Monarch Mutual Fund has filed draft papers with Sebi for its maiden scheme, an overnight fund investing primarily in one-day securities. The open-ended debt scheme targets low risk, high liquidity and overnight-rate-linked returns, with Sanjay Motta as fund manager.

The Economic Times 15 Aug 2026 2:22 pm

Top 5 India-focused offshore equity funds and ETFs in Q1FY27. Check details

India-focused offshore funds and ETFs delivered returns of up to 32.7% over three months, outperforming the MSCI India USD Index, which fell 12%. Taishin India led gains, followed by Aditya BSL, SBI Resurgent India Opportunities, AsahiLife Neuberger and Wasatch.

The Economic Times 15 Aug 2026 1:05 pm

Debt mutual funds attracted Rs 1.87 lakh crore in July after two months of outflows. Is the trend set to continue?

Debt mutual funds attracted Rs 1.87 lakh crore in July, reversing June-quarter outflows. Liquid, overnight and money market funds led inflows, while longer-duration categories saw redemptions. Experts said flows reflected seasonal treasury movements and continued preference for liquidity.

The Economic Times 15 Aug 2026 12:57 pm

Big relief to taxpayers with undisclosed foreign assets: CBDT notifies Foreign Assets of Small Taxpayers disclosure scheme rules; Know who can use it by December 31, 2026

Good news: Save huge tax penalty as CBDT notifies Foreign Assets of Small Taxpayers disclosure scheme rules; Know who can use it by December 31, 2026. Know how much tax you need to pay.

The Economic Times 15 Aug 2026 12:20 pm

Mutual funds deployed over Rs 9,700 crore across 11 IPOs in July. Check key details

Mutual funds invested nearly Rs 9,789 crore across 11 IPOs in July, with INDO-MIM attracting the highest allocation at Rs 3,622 crore, followed by SBI Funds Management and Manipal Health Enterprises, highlighting strong institutional appetite.

The Economic Times 15 Aug 2026 11:37 am