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Invesco India Mid Cap among 5 mid cap mutual funds to offer over 20% CAGR in 3 years
Five mid-cap mutual funds delivered over 20% returns in three years, led by WhiteOak Capital. Meanwhile, laggard funds posted modest gains, highlighting performance divergence within the mid-cap mutual fund category.
Salary hikes in India are stabilizing around 9.1% for 2026, a slight increase from 9.0% in 2025, as companies prioritize cost discipline and productivity. While some sectors offer higher increments, a broader talent pool and a shift towards skills-based hiring are influencing compensation strategies.
New tax rules for Tax Year 2026-27 begin April 1, 2026. Key changes affect TDS on NRI property and TCS on overseas remittances for education. Interest on motor vehicle compensation is now tax-exempt. Small taxpayers get an easier process for lower TDS certificates. TDS on manpower supply is clarified.
Qsif Active Asset Allocator Long-Short Fund is open for subscription. 8 key things to know
Quant Mutual Fund launches dynamic multi-asset long-short fund, investing across equity, debt, derivatives, commodities and InVITs. The strategy aims to optimise returns, manage risk, and suit long-term investors.
EPFO 3.0 withdrawal rules explained: When can EPF members withdraw their PF corpus through UPI?
EPFO is set to launch EPFO 3.0, enabling UPI withdrawals and simplifying fund access for members. New rules consolidate withdrawal provisions into three categories: essential, housing, and special needs. Members can now withdraw up to 75% of their balance anytime, including employer contributions, offering greater flexibility for emergencies and life events.
While members are entitled to take out up to 100% of their eligible EPF balance, including both employee and employer contributions, there are certain terms and conditions that apply. So, what happens in case you lose your job or are laid off by your company?
Want to build Rs 1 crore corpus? Find out the mutual fund SIP amount needed with this calculator
This guide helps you calculate the monthly SIP needed to reach a Rs 1 crore goal using simple Excel functions or a DIY paper formula. Adjust assumptions, returns, and timelines to plan your investments with confidence and clarity.
HDFC Bank trims lending rates: EMIs for these loans to fall as lender cuts MCLR on select tenures
HDFC Bank lending rates: HDFC Bank has reduced its Marginal Cost of Funds-based Lending Rates (MCLR) on select tenures by up to 5 basis points, effective April 7, 2026. This adjustment benefits borrowers with loans linked to the MCLR regime, with overnight and one-month rates now at 8.10%.
RBI MPC Meet April 2026: Date, Time, Expectations & live details
Heres everything you need to know about Wednesdays MPC announcements
Gift deed or relinquishment deed? The best way to transfer your land and avoid costly mistakes
Portfolio in red after moving from FDs? Expert shares how to handle volatility and allocate smartly
A Gujarat-based investor, new to equity mutual funds after years in fixed deposits, faces initial losses but shows courage to invest further. Experts advise focusing on asset allocation across market caps rather than changing existing sound funds. Additional investments should be channeled into current flexi-cap and multi-cap schemes, with lumpsum considered if comfortable with volatility.
FEMA warning for NRIs: Wrong bank account can cost you 3x balance in penalties
MF Tracker: Quant Multi Asset Allocation Fund shines across timeframes. Can it sustain the lead?
Quant Multi Asset Allocation Fund has achieved top returns across 3, 5, 7, and 10-year periods among its peers. Its dynamic asset allocation strategy, particularly overweight positions in financials and timely tactical shifts, has driven this consistent outperformance, even outshining the category average.
India plans sovereign guarantees on loans to businesses hit by Iran war, sources say
India is set to launch sovereign credit guarantees for loans totaling $26.7 billion. This initiative aims to bolster businesses, especially small ones, impacted by the Middle East crisis. The government will provide guarantees for four years, similar to measures taken during the COVID-19 pandemic. This move is expected to cost between 170 billion and 180 billion rupees.
The Public Provident Fund (PPF) interest rate remains unchanged at 7.1% per annum for the April-June 2026 quarter. The Finance Ministry confirmed that rates for small savings schemes will continue from the previous quarter. PPF offers tax benefits on contributions, interest, and withdrawals, making it a popular investment.
The Income Tax Rules, 2026 introduce significant benefits for salaried employees, including expanded HRA and meal card tax advantages. These changes, effective April 1, 2026, aim to reduce taxable income through optimized salary structuring. The article illustrates tax liabilities for CTCs ranging from 15 lakh to 50 lakh under both new and old tax regimes.
Fund managers back large-caps, stay wary of mid- & small caps
Following a market sell-off, fund managers indicate that share valuations are no longer stretched, though aggressive bets are still discouraged. While large-cap stocks have reached comfortable levels, skepticism remains for mid and small-cap segments. Investors are advised to stay invested and stagger entries through systematic or phased allocations.
Steady Q4 expected for banks on strong metrics
Banks are anticipated to report steady Q4 due to strong loan and deposit growth, improved profitability, and controlled slippages
RBI proposes separate categories of banking correspondents, uniformity in wages
At present, there is no classification among business correspondents, while the commissions they get paid vary from bank to bank
Gold: The correction was the repositioning, not the end of the trend
Gold remains a vital liquidity source even with price drops. Central banks and individuals are selling gold to ease financial strains. In India, investors are shifting towards Gold ETFs for easier and more efficient investment. This trend offers attractive entry points for building gold exposure. Gold ETFs provide transparent pricing and security, making gold a liquid asset.
New Income Tax Return forms have removed ITR-1 and ITR-4, requiring US 401(k) and overseas pension account holders to now use ITR-2 or ITR-3. This change aims to streamline reporting of foreign assets and income, aligning with existing disclosure requirements. Taxpayers can still defer tax liability by filing Form 10-EE.
The 8th Pay Commission salary hike will depend on the fitment factor that the 8th Pay Commission decide. Employee bodies have been demanding for as high a fitment factor as 3.25. Amid such a backdrop, NC-JCM, the umbrella body of the central government employee and pensioner bodies, will hold a meeting on April 13, 2026, where it will discuss the final memorandum that will be sent to the 8th Pay Commission.
Tonse takes charge as chief of YES Bank
Tonse takes over the reins from Prashant Kumar who demitted office as MD & CEO on April 5
DSP Mutual Fund announces appointment of Anish Tawakley as Chief Investment Officer
DSP Asset Managers has announced the appointment of Anish Tawakley as Chief Investment Officer (CIO), where he will oversee both equity and fixed income investments, strengthening the firms overall investment leadership.
UCO Bank records 19% rise in loan growth in Q4
The Kolkata-based lender reported 11% rise in total deposits at 3.27 lakh crore; low-cost CASA deposits improved to 38.48%
Bitcoin tops $70,000 on optimism over possible Iran ceasefire
It has been unable to shake consistent downward pressure since a selloff in October, leaving it down about 45% from its peak above $126,000 that month
Details on state debt maturity profile to whet auction, derivatives demand, investors say
Investors had long pushed for states to align their borrowing disclosures with the central government
Will good days come back for FD investors as RBI set to announce repo rate?
Rising inflation may not force the RBI to increase the repo rate this time around, but in later MPC meetings, the likelihood of higher repo rate is much higher. Once the central bank increases the repo rate, banks and SFBs may also follow in footsteps by offering higher FD rates.
Looking where to invest lumpsum for 3 years? These 5 mutual funds lead the chart
Top mutual funds for three-year lumpsum investments delivered strong returns, led by gold funds with over 32% CAGR. Rs 1 lakh investments more than doubled, highlighting robust performance across categories.
Valura.ai onboards over 1,000 wealth advisors
The onboarded network includes Independent Financial Advisors, Registered Investment Advisors, Mutual Fund Distributors and Chartered Accountants
Nearly 25 equity mutual funds have offered over 15% CAGR in the last three, five, seven, and 10 years, according to a data analysis by ETMutualFunds. There were around 160 funds that have completed 10 years of existence in the market.
Acclaimed singer Shreya Ghoshal has purchased a luxurious residential apartment in Worli, South Mumbai. The property, bought with her parents, cost Rs 29.70 crore. It includes three parking spaces and boasts a significant carpet area. This transaction highlights Worli's growing appeal as a prime real estate destination. The area offers excellent connectivity and a premium urban lifestyle.
Gold prices saw a dip on April 6, 2026. This decline occurred as the Iran-Israel conflict continued and Iran stated no plans to reopen the Strait of Hormuz. Leading jewellery brands like Tanishq, Kalyan Jewellers, Malabar Gold & Diamonds, and Joyalukkas reported lower retail rates for 22K gold across major Indian cities.
RBI-spurred rupee rally sparks importer rush, hedging costs soar most since global financial crisis
Bankers attributed the surge in hedging costs to importers rushing to cover dollar payments after the RBI-triggered rupee rally
8th Pay Commission start date: 6 big demands that could change salaries, pension & benefits
HDFC Bank is revising its Regalia Gold and Diners Club credit card benefits, including reward structures and lounge access, effective May 15 and July 1, 2026. Key changes involve reward point accrual, dynamic currency conversion fees, and spend-based lounge access criteria for both cardholders.
India banking sector to sustain credit growth, margins may stay under pressure
While profitability is set to improve on the back of higher fee income and lower credit costs, growth may moderate amid inflationary pressures
Gift your parents money and see your tax bill shrink; the legal way to do it
5 times a personal loan is genuinely smart and 3 times it will ruin your finances
RBI likely to hold rates as Goldilocks phase gives way to stress
The focus is likely to be on calming financial markets, with assurances of readiness to support the weakening rupee and inject liquidity to keep bond yields in check, economists and traders said
Silver ETFs tumble up to 15% in 2 months, domestic pricing rule kicks in. What should you do?
Silver exchange traded funds have seen significant losses, prompting investor concern. A new domestic pricing rule is now in effect. Experts suggest rebalancing portfolios and potentially reducing silver exposure. They recommend shifting towards diversified equity funds for long-term wealth creation. Gold ETFs are considered a more stable alternative for hedging.
Best large cap mutual funds to invest in April 2026
Mutual fund advisors are recommending large cap schemes for conservative investors amid market volatility and all-time highs. These funds invest in top 100 companies, offering relative safety and inflation-beating returns. Despite recent struggles to beat benchmarks, large cap funds remain a viable option for long-term goals, with specific schemes highlighted for April 2026.
Bank of Maharashtra Q4 credit grows 22% to 2.92 lakh crore
Deposits grew 14% to 3.50 lakh crore, pushing total business up 18% to 6.42 lakh crore.
A recent Kerala High Court ruling highlights a crucial distinction: a joint Will allows the surviving spouse to alter beneficiaries, unlike a joint mutual Will. This case underscores the need for explicit clarity in estate planning documents to prevent future disputes and ensure intentions are legally binding after the first spouse's death.
Gold ETFs changing: 5 key shifts investors must know
As HDFC Gold ETF makes provision for taking exposure via gold futures, concerns emerge about precious metal funds stepping away from holding physical gold. As per rules, every gold ETF must maintain 95% allocation to gold and related instruments. In June 2024, Sebi allowed gold-backed exchange-traded commodity derivatives (ETCDs), or gold futures contracts, to be counted towards this mandatory allocation.
HNIs shift to bonds for stability as yields rise
Even as this volatility spills over into equity markets, high net worth individuals (HNIs) and ultra HNIs (UHNIs) are not pulling back sharply. Instead, they are holding on to existing equity positions while steadily channelling fresh allocations into fixed income to bring stability to their portfolios.
Gold price mystery: Who really calls the shots?
Treat gold strictly as insurance, not as a trade on geopolitical drama. The price of your insurance is set by central banks and finance ministries whose decisions you will never see coming. You are a passenger. Act like one. Keep the allocation small and build your wealth in assets that work for you without requiring you to guess foreign governments intentions.
USD Vs INR: 5 tools at RBIs uses to check rupee slide
The RBI can also ramp up direct market intervention. With forex reserves of about $700 billion, it has room to sell dollars and buy rupees to curb volatility. To avoid tightening liquidity too much, the central bank can offset the impact through bond purchases.
Options trading explained: Delta, Gamma & more
The concluding part shifts to the forces that actively shape option prices: the Option Greeks. These mathematical sensitivities Delta, Gamma, Theta and Vegadetermine how premiums respond to changes in key variables such as movement in the underlying asset, time and changes in volatility. If the premium represents the price, the Greeks are the underlying mechanics that constantly reshape this price.
Insurance misselling: Bandhan Life CEO busts myth
Satishwar B., MD and CEO, Bandhan Life Insurance, discusses the Public Insurance Registry, Bima Sugam, misselling and commissions, in a conversation with Riju Mehta. He says if a customer has multiple insurance policies, the PIR will show all the policies he holds and the total cover he has. This enables us to understand, especially at the onboarding stage, the type of insurance he has and what he needs.
Insurance Ombudsman backlog jumps 58%
The Insurance Ombudsman serves as a guardian of trust for the industry and has resolved thousands of disputes for policyholders. But a growing backlog, inaccessible precedents, and inconsistent reporting are structural gaps that reforms can address.
Add-on credit cards: Family hack or risk?
An add-on credit card is issued against an existing primary credit card account. The primary cardholder remains the account owner and the sanctioned credit limit holder. The secondary user receives a separate physical card, usually with a different card number and PIN, but all transactions are billed to the same account.
Dark patterns hit over 80% users on insurance sites
From 1 July, stricter norms issued by the Reserve Bank of India will come into force against banks mis-selling of financial products, including insurance. As per a study by LocalCircles, people buying insurance policies via online platforms are increasingly experiencing dark patterns.
Large vs mid vs small vs micro cap: 10-year history
Welcome to TrendMap, your guide to the performance of different investment segments. No single segment always leads. In this edition, we present a 10-year equity performance tracker, ranking annual returns across market-cap segments. Early 2026 is marked by weak momentum and broad consolidation due to geopolitical instability. By Sameer Bhardwaj.
4 new ITR disclosures for taxpayers in FY 25-26
Indias tax department has rolled out updated ITR forms for FY 202526, introducing tighter disclosure norms while keeping the overall structure unchanged. The changes focus on greater transparencyespecially around political donations, F&O trading, and digital paymentswhile adding minor conveniences like a secondary address field.
7 things you should know about reverse mortgage
If you are confused by personal finance terms, jargon and calculations, heres a series to simplify and deconstruct these for you. In the 97th part of this series, Riju Mehta explains what this loan product means.
Banks turn to RBI for relief as rising yields strain their G-Sec portfolio
Lenders seek four-quarter window to absorb mark-to-market losses on investments
Outstanding bank loans against shares hit 9-month high
Analysts and industry players underscore varied borrowing attitudes, structural factors and policy tailwinds as factors contributing to increased lending
Economists see RBI holding rates in April policy review on inflation fears amid West Asia crisis
MUMBAI, Apr 5: The Reserve Bank is likely to keep the benchmark policy repo rate unchanged at 5.25 per cent in the April monetary policy review meeting, as the West Asia crisis is likely to push up inflation, according to economists. The continuing geopolitical tensions in West Asia, volatility in commodity prices and sharp currency movement that have seen the rupee hit record lows have complicated the policy outlook, and its projections on growth, inflation and also the stance of [] The post Economists see RBI holding rates in April policy review on inflation fears amid West Asia crisis appeared first on Daily Excelsior .
IndusInd Bank deposits and advances contract in Q4FY26
Total deposits stood at 4,00,178 crore as of March 31, 2026, down 2.6 per cent year-on-year from 4,10,862 crore, reflecting moderation in liability growth amid a competitive environment.
Utkarsh SFB sees marginal deposit growth, strong disbursement shift in Q4FY26
The CASA ratio stood at 24% during the quarter under review compared to 21.8% in the year-ago period
IIFCL to double InvITs exposure to 6,000 cr this fiscal
IIFCL has an exposure of 3,000 crore across nine InvITs as of March 31, 2026
HDFC Defence Fund among 13 equity MFs that delivered over 4% returns last week. Check top 5
Of the 614 funds analysed, 576 posted positive returns, one remained flat, and 37 delivered negative returns.
RBI expected to hold rates steady in first policy since West Asia conflict: SBI Report
The report noted that the war has plunged the entire world into chaos, with disruptions in global energy markets emerging as a key concern
NFO alert: 2 mutual funds and 1 SIF open this week. Check details here
Two mutual funds and one SIF will open for subscription this week, as fund houses continue to expand their product offerings.
Employees can now claim earned leave after just 180 days of work, a significant reduction from previous norms. The new labour code also introduces annual encashment of unused leaves, providing a monetary benefit for those in roles where taking time off is challenging. These enhanced benefits, however, do not apply to managerial or supervisory staff earning over Rs 18,000 monthly.
Bank credit, deposits grow across lenders; BoB crosses 30 lakh crore milestone
Public sector banks also showed steady momentum, with Bank of Baroda crossing the 30 lakh crore global business milestone, while Punjab National Bank and Union Bank of India recorded moderate growth in deposits and advances
Loan growth outpaces deposit for IDBI Bank, Kotak, AU SFB in Q4
Loan growth for IDBI Bank stands at 16%, Kotak Mahindra Bank at 16.2% and AU Small Finance Bank at 25.1%
HDFC Bank reports 12% credit growth, deposits rise 14.4% in March quarter
However, the quarter was overshadowed by governance concerns after the abrupt resignation of part-time chairman Atanu Chakraborty, who stepped down mid-term citing ethical issues.
Gold prices are under scrutiny as major jewellers like Tanishq, Malabar Gold & Diamonds, Kalyan Jewellers, and Joyalukkas show minor variations in 22K and 24K rates for April 4, 2026. Experts suggest the current decline is a tactical correction within a broader uptrend, influenced by profit-booking and a strengthening US dollar.
RBI revises rules for Floating Rate Savings Bonds 2020: Key changes investors should know
The Reserve Bank of India has released updated operational guidelines for its Floating Rate Savings Bonds, 2020 (Taxable), effective immediately. These revised rules, issued on April 2, 2026, aim to enhance investor services and streamline processes, including digital facilities for applications and account management.
Bank of Barodas global biz crosses 30 lakh crore milestone
The public sector bank clocked a 12% yoy growth in global deposits and a 16.23% yoy growth in global advances in the fourth quarter (Q4FY26) ended March 31, 2026
ITR changes from April 2026: 5 key updates for Tax Year 202627 explained
Starting April 1, 2026, new Income Tax Act and Rules bring significant changes for Tax Year 2026-27. Key updates include extended ITR due dates for certain taxpayers, revised timelines for updated and revised returns, and mandatory PAN quoting for more transactions. These amendments aim to streamline tax filing and compliance.
Form 121: A new combined form, now replaces Forms 15G and 15H. This simplifies the process for individuals and senior citizens to declare income below taxable limits. Eligible taxpayers can now use this single form to avoid tax deduction at source on interest income. The revised form offers enhanced user experience with features like auto-population and real-time validations.
Midcap mutual funds have delivered strong returns over the past three years, with the top five schemes offering up to 25% annualised gains. Invesco India Mid Cap Fund leads the pack, followed closely by Nippon India and WhiteOak funds, while some laggards delivered significantly lower returns in the same period.
Dubai gold rates: Gold prices in Dubai are stable across major retailers today, April 4, 2026. Rates for 24K, 22K, and 18K gold are available from Joyalukkas, Kalyan Jewellers, and iGold. Malabar Gold's last update was April 3. The UAE dirham exchange rate to the Indian Rupee is provided. Information on duty-free gold allowances for travellers to India is also included.
Senior citizens can secure attractive fixed deposit rates for a three-year tenure, with small finance banks leading the pack by offering up to 8%. Public sector banks provide rates up to 6.8%, while private sector banks offer competitive options reaching 7.75%. These rates present a valuable opportunity for elderly investors seeking steady returns.
Meal card tax benefit: Do you get it under the new tax regime?
New Income-Tax Rules have clarified meal voucher benefits. The tax-free limit for employer-provided meal vouchers has increased to Rs 200 per meal. This benefit is now available under the new tax regime. The earlier restriction denying this benefit under the new regime has been removed. This change is effective from April 1, 2026.
Are you looking for the best mutual funds for SIPs in April? Here is help for conservative investors
ETMutualFunds outlines ready-made SIP portfolios for conservative investors across three investment brackets. The allocation blends large-cap and hybrid funds to balance risk and returns. Selected using in-house criteria like rolling returns and downside risk, these portfolios aim to simplify fund selection for investors seeking stable, long-term wealth creation.
PPF, SSY deposit: How much extra tax-free interest can you earn by depositing in PPF before April 5?
Even under the new tax regime, investing the maximum in PPF and SSY remains beneficial as both maturity and interest are tax-exempt. Depositing by April 5 annually maximizes interest earnings, as contributions made by this date earn interest for the entire financial year, significantly boosting maturity amounts.
SIP or lumpsum? Expert suggests best approach for first-time mutual fund investors with Rs 10,000
For new investors, especially young professionals and students with modest amounts like Rs 10,000, a Systematic Investment Plan (SIP) is generally recommended over a lump sum. Financial expert Harshvardhan Roongta advises SIPs to gradually enter the market, build discipline, and average investment costs. He suggests starting with low-cost index funds for long-term wealth creation.
Saturday bank holiday today: Are banks open or closed today on April 4, 2026?
Banks will be open on Saturday, April 4, 2026. This is the first Saturday of the month. Customers can visit branches today. Banks were closed earlier this week for Mahavir Jayanti, yearly account closings, and Good Friday. Further closures are scheduled for various festivals and holidays across different states in April 2026.
RBI introduces Benchmark Issuance Strategy for market borrowings for 9 States on pilot basis
The BIS strategy will involve issuing securities in specific benchmark tenor buckets as per the pre-announced calendar
IHCs 8,850 cr capital infusion in Sammaan Capital will power its growth for the next 5 years
We aspire to be amongst the top three (UL-NBFCs), which we used to be. So, we intend to go back there, says Chief Banga
US-based Lockton to make formal market entry in Indias reinsurance space this fiscal
From a scale perspective, the insurance broker serves over 1000 clients across sectors in the country, supported by a team of 241 associates, with plans to scale this to around 380 as it continues to grow
The Latest Home Loan Interest Rates: Apr 03, 2026
The Latest Home Loan Interest Rates: Apr 03, 2026
The Latest Fixed Deposit Interest Rates: Apr 03, 2026
The Latest Fixed Deposit Interest Rates: Apr 03, 2026
