36 C 
Hybrid Long-Short Funds have dominated SIF inflows since October 2024, accounting for 72% of the total Rs 13,625 crore invested across strategies, according to ValueMetrics.
Looking for best mutual funds to invest in? Here are the top 10 picks
Choosing mutual funds based only on online rankings or recent performance can be misleading. ETMutualFunds shortlisted 10 equity funds across five categories using rolling returns, consistency, downside risk, outperformance and asset size. Investors should select funds based on financial goals, investment horizon and risk appetite.
NFO Alert: ICICI Prudential Mutual Fund launches Nifty Smallcap 250 ETF
ICICI Prudential Mutual Fund has launched the Nifty Smallcap 250 ETF, offering exposure to 250 emerging companies. The NFO is open till June 16. The passive fund aims to track the index with minimal cost, targeting investors seeking diversified, long-term participation in Indias growing smallcap segment.
IndianOverseasBankhikes rates for select non-callable fixed deposits
The interest rate for the general public for a 1-year non-callable deposit is now up to 6.7% from 6.6% earlier; for more than 1 year and less than 2 years it is 6.6% compared to 6.5% earlier
Parag Parikh Flexi Cap Fund raises stake in ITC, HDFC Bank and 14 other stocks in May
Parag Parikh Flexi Cap Fund, Indias largest active flexi-cap scheme by AUM, raised exposure to ITC, HDFC Bank and 14 other stocks in May, according to PPFAS Mutual Funds latest portfolio disclosure. The fund added 4.46 crore ITC shares, taking total holdings to 28.78 crore, while increasing its HDFC Bank position by 47.20 lakh shares.
Can 1.5 crore generate 1 lakh every month after retirement? The answer may surprise you
Banks look to foreign funding to maximize RBIs bazooka
Lenders have sought clarity on using NRI deposits as collateral to help attract additional foreign capital under the RBIs latest scheme.
SAMCO Securities launches global investing platform through GIFT City
The platform will provide research coverage on more than 700 global securities, including constituents of the S&P 500, NASDAQ 100 and over 100 ETFs, SAMCO Group Founder and CEO Jimeet Modi said
PM Kisan 23rd instalment: When will farmers receive the next 2,000 payment?
HDFC Bank likely to emerge as key beneficiary of RBIs FCNR-B Revival: Jeffries
Jefferies says the lender was the largest mobiliser under the 2013 scheme, while fresh RBI measures could support foreign inflows and future growth
The Reserve Bank of India has set the premature redemption price for Sovereign Gold Bond 2019-20 Series-I. Investors can redeem these bonds from June 11, 2026. The redemption price is fixed at Rs 15,038 per unit. This offers investors a significant return of approximately 378% on their initial investment.
Mutual fund SIP stoppage ratio slows down to 95% in May, new SIPs surpass discontinued ones
The mutual fund SIP stoppage ratio dropped to 95% in May, indicating more new SIPs were registered than discontinued. This positive trend, with 54.16 lakh new SIPs against 51.70 lakh stoppages, signals growing investor confidence despite market volatility. Robust SIP inflows of Rs 30,954 crore continue to power the industry's growth.
Crisil upgrades long-term credit rating of Muthoot Microfin
The upgrade is expected to improve its access to diversified funding sources at competitive rates
Canara Bank, Bank of Baroda increase lending rates: Why loan EMIs for these borrowers may rise
Bank of Baroda and Canara Bank have raised their lending rates. These changes are effective from June 12, 2026. Loans linked to these rates will become more expensive. This follows the Reserve Bank of India's decision to maintain the repo rate. HDFC Bank also adjusted its MCLR rates recently.
Gold and silver ETFs tumbled on Thursday as precious metal prices fell sharply amid heightened geopolitical tensions, rising crude oil prices and inflation concerns. SBI Gold ETF was the worst-hit gold fund, while silver ETFs also posted losses, prompting investors to reassess buying opportunities in the segment.
Best focused mutual funds to invest in June 2026
Focused equity mutual funds, investing in a maximum of 30 stocks, offer the potential for higher returns but also carry increased risk. These schemes require a higher risk appetite and a longer investment horizon of around seven years. Investors can explore recommended funds like 360 ONE Focused Equity Fund, SBI Focused Fund, Sundaram Focused Fund, and Quant Focused Fund.
UP RERA is strongly advising homebuyers to purchase properties based on carpet area, not super built-up area. This ensures buyers pay only for usable living space, as super area includes shared common facilities. Homebuyers can verify the carpet area on the UPRERA portal before making any investment decisions.
Why AI may not take your job, but could destroy the middle class dream forever
Your rupee buys less every month; here's what 1991 crisis can teach you about protecting your money
ITR filing 2026: 9 key checks every taxpayer must make for AY 202627
India's income tax administration has become increasingly data-driven, with information from TDS/TCS reporting, SFT filings and other sources being integrated into the Annual Information Statement (AIS) and used to cross-check taxpayer disclosures. In this environment, filing an accurate and complete ITR is essential to avoid refund delays, tax demands, penalties, compliance alerts and notices.
A daughter, a co-owner of family property through an oral arrangement, has won a tenant eviction case in the Supreme Court. The court ruled that co-owners are considered co-landlords under the Bombay Rents Act. This allows them to initiate eviction proceedings for genuine personal need. The ruling clarifies that exclusive ownership or formal partition is not required.
RBI may ask banks to adopt risk-based internal audit approach
The primary objective of RBIA is to provide the Board or its committees with reasonable assurance on the adequacy and effectiveness of the institutions risk management and internal control framework.
Banks raise MCLR amid tight liquidity
Canara Bank raised MCLR for overnight to six-month tenures by 5 bps, while leaving longer-tenure rates unchanged
Banks can lend only to SEBI-registered and listed REITs, InvITs: RBI guidelines
REITS and InvITs are investment vehicles that allow investors to invest in real estate and infrastructure assets respectively
RBI cancels registration certificates of 135 NBFCs
The Reserve Bank of India has cancelled the registration of 135 non-banking finance companies. Thirteen other companies have surrendered their licenses. These actions are due to various reasons including exiting the business or ceasing to be legal entities. Many of the cancelled companies were based in West Bengal. This move impacts the financial landscape.
Banks kick-off rate hikes on FCNR (B) deposits
Peak interest rates touch 7%, or thereabouts
Credit Guarantee Scheme for Microfinance Institutions-2.0 extended till August 31
The government has also raised the maximum loan amount limit for large NBFC-MFIs and MFIs to 1,000 crore from 300 crore, subject to a 20% Assets Under Management ceiling
Latest FCNR interest rates: HDFC Bank, SBI, ICICI Bank, PNB, Central Bank of India and more
Several Indian banks have updated their Foreign Currency Non-Resident Bank FCNR(B) interest rates. This comes after the government announced it would cover hedging costs for new 3 to 5 year FCNR(B) deposits. This initiative benefits Non-Resident Indians and others. Central Bank of India is offering a 6% interest rate on these deposits.
Indian banks likely to see further decline in bad loans despite economic challenges: Report
The report said major lenders are likely to see further declines in bad-loan ratios, supported by stronger balance sheets and improved recovery mechanisms
13 mutual funds collect Rs 471 crore in May, Motilal Oswal Contra Fund contributes Rs 267 crore
Global AI debt issuance to double to $570 billion in 2026, Morgan Stanley estimates
A number of big-bang funding plans have been announced recently for the AI buildout
Sebi proposes consolidated disclosure norms for executive pay at AMCs
Sebi has proposed enhanced remuneration disclosure norms for mutual fund asset management companies, including consolidated disclosure of executive pay and employee count. The regulator also suggested limited access to scheme-level fund manager remuneration details for investors to strengthen transparency and corporate governance.
Gold ETFs see first outflow in a year, silver ETFs bleed for fourth straight month
Gold ETFs saw their first outflow in over a year in May, while silver ETFs extended losses for the fourth straight month, according to AMFI data. Gold ETFs recorded an outflow of Rs 725 crore versus an inflow in April, while silver ETFs saw a Rs 2,133 crore outflow, taking total withdrawals over four months to Rs 3,770 crore.
Indian 10-year bond falls sharply on tax relief-driven FPI buying
Benchmark 10-year yield drops 10 basis points in four days as foreign investors pump over 11,000 crore into government securities.
FCNR deposit in demand: $1,277 extra interest on $10,000 investment by NRIs after RBI's latest move?
FCNR interest rates: The Indian government will now cover hedging costs for fresh 3 to 5-year FCNR(B) deposits until September 30, 2026. This move allows banks to offer higher interest rates to Non-Resident Indians (NRIs) and Overseas Citizens of India (OCIs). An NRI may now earn an additional $1,277 on a $10,000, 5-year FCNR(B) deposit.
Karur Vysya Bank hikes FCNR (B) US Dollar interest rate by 437 bps for maturities of 3-5 years
The FCNR(B) US Dollar deposit rates for these maturities will be 7% per annum from the earlier 2.63%
Gold and silver prices saw a decline on Wednesday, June 10, 2026, as major Indian retailers reduced rates. This drop is attributed to heightened global uncertainty stemming from Middle East geopolitical tensions and shifting US interest rate expectations.
Greater Bengaluru Authority now allows electricity connections without an Occupancy Certificate for homes on plots up to 2,400 sq. ft. This special one-time relief helps many homeowners, especially those on unapproved layouts. It can reduce electricity bills by enabling domestic residential power connections.
For parents of children with special needs, a special needs trust offers a vital long-term plan for their child's care and financial security after they are gone. This trust ensures funds are managed by trustees for medical treatment, housing, education, and daily expenses, providing a structured support system beyond simple wealth transfer.
SEBI proposes new pay disclosure norms for mutual fund firms
Asset management companies may report executive remuneration on a consolidated basis instead of naming individuals.
New tax regime: 3 smart ways to reduce taxable income while filing ITR 2026
Retired with Rs 4 lakh in mutual funds? Here's what an expert suggests before starting an SWP
A 74-year-old investor with Rs 4 lakh in equity mutual funds seeks advice on future income generation through Systematic Withdrawal Plans. An expert suggests gradually adding hybrid funds to reduce market volatility. The withdrawal amount will depend on investment duration, accumulated gains, income needs, and overall financial situation. Historical data suggests 5-6% annual withdrawals are sustainable over 10-15 years.
Yes Bank hikes FX deposit rates to attract non-resident inflows
The private-sector lender will offer 7% on three-year FCNR(B) deposits, 7.05% on four-year deposits and 7.10% on five-year deposits, a spokesperson for the bank said
Volatile equity markets, global uncertainty takes heavy toll on MF inflows
Equity inflows dipped 40% in May to 22,908 crore, against 38,440 crore in April, as investors confidence was shaken by extreme volatility in the market
The RBI has announced the premature redemption price for Sovereign Gold Bond (SGB) 2019-20 Series-VII, set at Rs 15,275 per unit. Investors can redeem these bonds from June 10, 2026, after the fifth year of issuance. This offers a significant return of approximately 308% on the initial investment.22k gold rate today: Check 24k, 22k, 18k gold prices (June 10, 2026) at Tanishq, Joyalukkas, Kalyan Jewellers, Malabar Gold & Diamonds and IBJAhttps://economictimes.indiatimes.com/wealth/invest/22k-gold-rate-today-check-24k-22k-18k-gold-prices-june-10-2026-at-tanishq-joyalukkas-kalyan-jewellers-malabar-gold-diamonds-and-ibja/articleshow/131630032.cms
How a simple home loan EMI calculation before you apply can reduce your interest burden
A home loan EMI calculator is an invaluable tool for financial planning, allowing users to estimate monthly repayments, total interest, and repayment schedules by inputting loan amount, interest rate, and tenure. It aids in comparing loan options, optimizing tenure, planning prepayments, and potentially saving significant interest costs.
Five equity mutual funds delivered strong SIP returns over 10 years, with top schemes nearing 24% annualised gains. Small-cap funds led performance, but experts advise aligning investments with risk profile and long-term goals.
A man in Puducherry received Rs 10,000 in compensation and Rs 3,000 for legal expenses after finding a dead insect in his biriyani. The consumer commission also ordered the restaurant to provide him with 10 free plates of biriyani over five Sundays.
Employees' Provident Fund contributions offer a life insurance cover of up to Rs 7 lakh through the EDLI scheme, at no extra premium. This government-backed benefit protects families in case of an EPF member's death during service. Eligibility requires active EPF membership and employer contributions. Claims are processed by EPFO, with updated nominations expediting the procedure.
AMFI Data: Mutual fund SIP inflows slip 1% to Rs 30,954 crore in May
May SIP Data: The monthly inflows remained above the Rs 30,000 crore mark for the third consecutive month. On yearly basis, the SIP inflows went up 16% from Rs 26,688 crore in May 2025. Overall, equity mutual fund inflows declined 40% month-on-month to Rs 22,907 crore in May from Rs 38,440 crore in April. However, on a year-on-year basis, inflows rose 20% from Rs 19,013 crore recorded in May 2025.
Withdrew your PF? Missing this crucial EPS step could cost you your future pension
AMFI Data: Equity mutual fund inflows tumble 40% to Rs 22,907 crore in May
Among the 11 sub-categories, flexi cap funds remained investors favourite, attracting the highest inflow of Rs 5,175 crore in May, compared with a record-high inflow of Rs 10,147 crore in April.
Best flexi cap mutual funds to invest in June 2026
Flexi cap mutual funds provide a flexible investment avenue for investors navigating market volatility. Fund managers can strategically allocate assets across large, mid, and small-cap stocks based on market outlook. This approach is ideal for moderate investors aiming for wealth creation over a five to seven-year horizon.
Paid tax on black money? 7 reasons you can still lose it all
Central government employee and pensioner bodies are actively engaging with 8th Pay Commission officials regarding salary and allowance demands. Discussions are ongoing, with a memorandum submission deadline of June 15, 2026. Employees anticipate potential salary hikes and arrears, with estimates suggesting 20-21 months of arrears if implementation occurs in late 2027.
Earn more, save more: Follow these 7 simple rules for rent, cars and investing
A son's plea for a compassionate job after his government employee father went missing for over seven years was rejected by the Telangana High Court. The court cited a rule stipulating that employees with less than seven years of service remaining at the time of disappearance are ineligible for such appointments, regardless of the presumption of death.
ET Explainer: Why largecaps are gaining appeal as Nifty consolidates
With Nifty 50 valuations at long-term averages, wealth managers suggest allocating to large-cap stocks. These companies offer stability and earnings visibility, making them a safer bet amid global uncertainty. Investors can consider a mix of active and passive large-cap funds for their core portfolio.
Jio BlackRock prepares ETF debut by August after building $2 billion India fund base
Jio BlackRock is set to launch its first Indian ETFs by August, aiming to mirror BlackRock's global success in passive investing. The joint venture, already managing $1.9 billion in assets, plans to initially focus on equity strategies. This move seeks to tap into India's growing, albeit nascent, ETF market, with plans for GIFT City products also underway.
$55-65 billion expected to flow into the country on RBI measures on FCNR (B) deposits, ECBs
Competition to intensify for NRI deposits
Banks want RBI to relax liquidity buffer norm relating to institutional deposits
LCR requires banks to maintain high quality liquid assets to meet 30 days net outgo under stressed conditions
Bombay High Court rejects Lilavati Trust plea against HDFC Bank over alleged defamation
The court said the banks statements were factually accurate and imposed a Rs 5 lakh cost on the trust.
Highest FD interest rates of 5 major banks: SBI, PNB, HDFC Bank, ICICI Bank and Bank of Baroda
Despite the RBI maintaining the repo rate at 5.25%, major banks like SBI, HDFC, ICICI, PNB, and Bank of Baroda are offering competitive fixed deposit interest rates. These attractive rates, particularly for senior citizens, vary across different tenures, with some reaching up to 7.1%.
EPFO 3.0 new rules: Can you withdraw 100% of PF retirement corpus through ATM?
How to pay zero tax on 19 lakh CTC under the New Tax Regime
Tenants paying over Rs 50,000 monthly rent must deduct TDS. This applies to individuals and HUFs not requiring tax audits. The TDS rate is 2% on gross rent. Tax is deducted in the last month of tenancy or financial year. Tenants deposit TDS via Form 26QC and issue Form 16C to landlords. Failure to comply incurs interest and penalties.
Retirement planning: 7 golden rules you must consider for easy retirement
Retirement planning should focus on generating sustainable income while ensuring the corpus lasts throughout life. Key factors include accounting for inflation, healthcare costs, liabilities, and lifestyle needs. Maintaining a balanced asset mix with some equity exposure for growth and gradually increasing debt allocation with age can provide liquidity and stability.
SpaceX IPO: 5 Indian mutual funds that can offer exposure to space giant
SpaceXs planned IPO and potential inclusion in the Nasdaq-100 have renewed investor interest in Indian mutual funds tracking the benchmark. Such funds could gain indirect exposure to the aerospace giant, although fresh investments in several schemes remain restricted due to overseas investment limits.
Gold prices saw a rise on Tuesday, June 9, 2026. Major jewellery brands like Tanishq, Malabar Gold & Diamonds, Kalyan Jewellers, and Joyalukkas reported higher rates. The India Bullion and Jewellers Association also noted an increase. Investors are closely watching developments in the Middle East for further market cues.
MF Tracker: Nippon India Value Find turns Rs 10,000 SIP to Rs 1.56 crore in 21 years
Nippon India Value Fund has turned a Rs 10,000 monthly SIP into Rs 1.56 crore over 21 years, according to an ETMutualFunds analysis. Launched in June 2005, the fund holds a four-star rating from Value Research and Morningstar. A Rs 10,000 SIP started 10 years ago would now be worth Rs 27.06 lakh, while similar investments over five and three years would have grown to Rs 8.19 lakh and Rs 3.90 lakh, respectively.
How to dematerialise and transfer physical share certificates to legal heirs?
ET Wealth Reader's Query: I recently found several bonds and share certificates in physical form belonging to my late father. How can I get them dematerialised and transferred to the legal heirs?
Several flexicap funds have significantly increased their small-cap exposure over the past three years, reflecting confidence in smaller companies. Navi, Samco, and ICICI Prudential led the shift, seeking growth opportunities in niche businesses.
Tata Mutual Fund announces temporary restrictions on subscriptions in its gold ETF and FoF
Tata Mutual Fund has temporarily restricted fresh subscriptions in its Tata Gold ETF and Tata Gold ETF Fund of Fund, citing prevailing market and economic conditions. While large direct investments and certain lump-sum inflows face limits, SIPs, SWPs, redemptions and switch-outs will continue without any restrictions.
Retired railway employees are urging the 8th Pay Commission to implement one rank one pension. They also demand a revision of basic pay and increments to combat inflation. The association seeks improved allowances, welfare benefits, and retirement provisions.
Axis Mutual Fund has revised exit load structures across its equity schemes, removing charges for large-cap, flexicap and large & midcap funds while shortening the holding period for the midcap fund. The changes apply from June 15 and will cover all fresh investments, including SIPs, STPs and switches under the schemes.
BlackRock to offer space ETF that will add new IPOs within days
BlackRock has launched the iShares Space Technologies UCITS ETF (STAR) for European investors, featuring a unique IPO fast-entry mechanism. This allows newly listed space companies to be added to the index within 10 to 30 days, rather than waiting for scheduled rebalances. The move follows a surge in investor interest in space ETFs.
Planning a SIP this June? Here are mutual fund options that could suit aggressive investors
Aggressive investors planning SIPs in June can consider a mix of flexi-cap, large-cap, mid-cap, small-cap and hybrid funds across investment baskets, based on ETMutualFunds' model portfolios designed using performance, consistency and risk-adjusted return metrics.
Bank posts record 1,322 crore profit in FY26; targets 4 lakh crore business by FY29
SCSS calculator: Rs 20,000 monthly income for senior citizens; check investment required
Qualified but not working? HC denies maintenance to doctor wife, says she cant burden husband
The Allahabad High Court has ruled that a qualified wife, capable of earning but choosing not to work solely to burden her husband, can be denied maintenance. In a case involving a Gynaecologist, the court upheld the denial of interim maintenance, citing her ability to earn over Rs 31 lakh annually, as per her income tax returns.
Binance extends pre-IPO perpetual lineup to OpenAI after SpaceX success
Binance is democratizing pre-IPO price discovery with its new Pre-IPO Perpetual Contracts. These products allow eligible users to speculate on the expected valuations of private companies like SpaceX and OpenAI before their public listings, bridging the gap between institutional and retail investors.
Retirees face a new challenge: managing wealth after decades of building it. Experts advise simplifying complex portfolios, especially those with many stocks. The focus moves to generating income and ensuring long-term financial security through strategic adjustments to investments and withdrawal plans.
Banking stocks rise on forex swap facility for overseas borrowings
Banks can avail concessional swap from the RBI for overseas borrowings of a minimum maturity of 3 years
Paytm plans 10% staff increase in AI pivot with some roles cut
The hiring push, including for senior leadership roles, will continue through March 2027.
Still using AI to best virtual interviews? Recruiters have already figured out how to catch you
Want better returns as an NRI investing in India? Compare equities and real estate before you decide
Retiring with Rs 1.5 crore can provide a monthly income, but the amount depends on risk appetite and investment returns. Experts suggest withdrawal rates between 4.5% and 6.5% annually, with potential monthly incomes ranging from Rs 70,000 to Rs 1.2 lakh. A bucket strategy is recommended for managing immediate needs and long-term growth.
