40 C 
Looking for regular income from mutual funds? These hybrid funds stood out over 3 years
Five conservative hybrid mutual funds delivered steady SWP returns over a three-year period, according to ET Wealth data as of June 17, 2026. SBI Magnum Childrens Benefit Fund led with 11.8%, followed by Parag Parikh Conservative Hybrid Fund at 10.9%. Other funds delivered returns between 9.3% and 10.1%.
A financial expert reviews a Rs 43,500 monthly SIP portfolio built for a 20-year horizon and suggests minimal changes. The key recommendation is replacing one active midcap fund with a passive index fund while keeping existing allocations largely intact and using debt funds for short-term investment needs.
Do you lose your interest and deposit if you have multiple PPF accounts? Here's what the rules say
Discovering you have two Public Provident Fund accounts can be a common oversight, but it's crucial to address. Indian regulations strictly permit only one personal PPF account. Learn how to identify and regularize duplicate accounts, understand the implications for your deposits and interest, and what steps to take to avoid complications and preserve your hard-earned savings.
Homebuyers have won a significant victory as MahaREAT ruled a builder cannot use inter-authority disputes to justify possession delays exceeding three years. The tribunal emphasized that the MHADA-MCGM dispute predated the agreed possession date, making the builder liable for delays. Buyers are now entitled to a full refund with interest, reinforcing buyer rights under RERA.
A senior citizen wrongly paid tax on Rs 24 lakh retrenchment compensation received under a BSNL Voluntary Retirement Scheme. Despite a significant delay, the Income Tax Appellate Tribunal (ITAT) in Chennai granted him full tax exemption, recognizing the compensation as tax-free under Section 10(10B). This ruling offers relief and highlights the possibility of rectifying tax errors.
Hybrid SIFs lure wealthy investors with tax edge and stronger returns
Affluent investors are increasingly turning to newly launched hybrid specialised investment funds (SIFs) for their tax efficiency and better returns than traditional fixed-income options. These funds, blending debt, equity, and derivatives, have attracted significant assets, with hybrid strategies dominating. Their appeal lies in equity taxation benefits and lower volatility, offering attractive post-tax returns for wealthy individuals and family offices.
RBI plans to allow retail investors to invest in G-Secs via demat account route
The minimum transaction amount through this route will be 10,000
RBI had revised NBFC-upper layer criteria, fixed 1 lakh crore asset threshold
HDFC Mid Cap Fund asset crosses 1 lakh cr in 19 years
The scheme has generated a return of 17 per cent CAGR since inception, outperforming its benchmark return of 15%
Domestic SIPs power India's market resilience amidst FPI outflows: HDFC Securities
India is experiencing a pivotal shift in its financial markets as domestic investors take the lead over foreign entities, enduring a three-year trend of FPI sell-offs. This resilience results from a cultural embrace of SIPs for equity savings and a more sophisticated investor base. While global factors may still affect FPIs, the rising domestic wealth is now significantly influencing the market.
8th Pay Commission HRA changes: NC-JCM, defence employee body, others propose up to 40% HRA
Central government employees and pensioners are eagerly awaiting the 8th Pay Commission's report, with discussions around the crucial fitment factor intensifying. While some experts predict a factor around 2.0, others, like AINPS President Manjeet Singh Patel, suggest it could reach 2.10. Patel's calculations, considering DA, HRA, TA, and family unit counts, illustrate potential scenarios for increased payouts, sparking anticipation for the final government decision.
These 5 smallcap mutual funds deliver over 25% annualised returns in 3 years. Check details
Five small-cap mutual funds delivered over 25% annualised returns in the last three years, led by Bandhan Small Cap Fund and ITI Small Cap Fund. Passive index funds and Invesco India Smallcap also performed strongly, while several large schemes lagged with mid-teen returns. Investors are advised to focus on the risk profile.
HDFC Life reports 12% premium growth in FY26, retail protection business rises 43%
The company's profit after tax stood at 1,910 crore during the reporting year, while assets under management rose to 3.75 lakh crore and embedded value stood at 62,139 crore
NFO: 5 mutual funds and 1 SIF are currently open for subscription. Check details
Five mutual funds and one SIF are open for subscription, covering hybrid, index, life cycle, multi-sector, FoF and multi-asset categories. Key offerings include Kotak Infinity Hybrid Long-Short SIF, Zerodha Life Cycle Funds 2036 and 2041, HDFC Nifty Auto Index Fund, Tata Multi Sector Passive FoF and JM Multi Asset Allocation
Adding gold to portfolio can boost returns without significantly increasing risk: WhiteOak study
A WhiteOak Capital study highlights the benefits of a multi-asset strategy, showing that combining equity, debt and gold can improve risk-adjusted returns. The analysis suggests that adding gold reduces portfolio volatility due to its negative correlation with equities, supporting better diversification across market cycles.
As per the latest RBI guidelines, if you have lodged a complaint for the fraudulent transaction within 5 calendar days, you shall be compensated the lower of 85% of the net loss amount or Rs 25,000. These rules will come into effect from January 2027, and apply in cases of electronic banking transactions undertaken by customers on or after January 1, 2027.
Top 10 mutual funds to invest through SIP with investment horizon of 5 years. Check details
Top SIP mutual fund performers over five years show strong wealth creation potential, with gold, infrastructure, midcap, and smallcap funds delivering XIRR up to 53%. However, investment decisions should consider risk profile, horizon, and financial goals.
Planning a Rs 7 crore corpus in 12 years? Expert recommends active funds over index funds
An investor's query about active versus passive funds for long-term goals received expert advice. While index funds offer low costs, active management in India presents opportunities for outperformance due to information inefficiencies. A 10% annual SIP step-up is recommended to reach a Rs 7 crore corpus. The expert suggested replacing an index fund with a focused actively managed fund for better diversification and potential returns.
EPFO's online portal will be inaccessible for claim submissions and processing from June 26th to June 28th, 2026, due to a planned technology upgrade. Services on the Umang app will also be unavailable until July 2nd. This temporary shutdown aims to enhance service delivery and user experience.
Affordable housing finance firms likely to regain growth in FY27, but macro risks loom: Kotak
Affordable housing finance companies are poised for a growth rebound from FY27, according to Kotak Institutional Securities. After a subdued period due to lending slowdowns and competition, industry trends are already showing improvement. Disbursement growth accelerated in the latter half of FY26, with managements expressing optimism. While healthy growth is expected in early FY27, macroeconomic factors like monsoon, inflation, and interest rates will shape the latter half of the year.
Gold prices and silver prices continued their descent on Thursday, June 25, 2026, offering a welcome respite for buyers after recent surges. IBJS 22k gold and leading jewelers like Tanishq, Malabar Gold & Diamonds, Kalyan Jewellers, and Joyalukkas have all reported lower rates for 22K gold across major cities.
Looking for midcap mutual funds in June? Here are 5 funds to consider
ETMutualFunds shortlisted midcap funds using rolling returns, consistency, downside risk, outperformance, and minimum Rs 50 crore assets. Axis, PGIM, Invesco, Kotak, and Tata delivered strong three-year returns, suitable for high-risk investors with seven-to-ten-year horizons.
ITR filing 2026: Avoid these 8 costly mistakes before you submit your tax return
Silver and gold ETFs plunged up to 8% on Thursday as precious metal prices extended losses for a second straight session on the MCX. The decline was driven by a stronger US dollar and rising expectations of US Federal Reserve rate hikes later this year. Silver ETFs led losses, with Tata Silver ETF falling the most, followed by broad-based declines across funds.
MF Tracker: How Edelweiss Large Cap Fund logged positive returns in last 10 calendar years
Edelweiss Large Cap Fund has achieved a remarkable decade of positive returns, never dipping into negative territory. This consistency is attributed to its FACTOR investment strategy, emphasizing active risk management and a quality-focused stock selection process. While it has underperformed benchmarks in shorter periods, its long-term performance and strategic sector allocations, particularly in financial services and healthcare, highlight its resilience.
Does hustle culture suit Indians? 7 things to know about building wealth in a rigged system
Best medium to long duration funds to invest in June 2026
Conservative investors are steered towards safer, short-term debt funds, often overlooking medium to long duration options due to their inherent interest rate sensitivity. These longer-term funds, while potentially rewarding in falling rate environments, carry significant volatility and risk when rates rise. Advisors caution that predicting interest rate movements is challenging, making timing entry and exit crucial for those with a higher risk appetite and long investment horizon.
Aspiring to build a substantial retirement fund? The Public Provident Fund (PPF) offers a compelling avenue for low-risk investors. By consistently investing the maximum annual limit of Rs 1.5 lakh, individuals starting at age 30 can amass an impressive by age 60.
Working beyond office hours? Find out whether the New Labour Code entitles you to overtime pay
New Labour Codes, effective November 2025, redefine overtime eligibility and calculation. While standard working hours remain, employees working beyond 8 hours daily or 48 hours weekly are entitled to at least double their normal wage. Managerial and supervisory roles may still qualify based on actual duties, not just designation, potentially increasing payouts for many.
Understanding Tax Deducted at Source (TDS) on your salary is crucial. Employers calculate your annual tax liability based on declared income and deductions, then divide it to deduct tax monthly. This ensures smooth tax collection throughout the year. The article details TDS calculations for CTCs of Rs 15, 20, and 25 lakh under both old and new tax regimes, offering insights for salaried individuals.
Soaring medical costs, with surgery expenses up 250-300%, necessitate robust health insurance. Experts advise a minimum of Rs 10-15 lakh for individuals and Rs 15-25 lakh for families, with higher coverage for metro residents and seniors. Pairing a base policy with a super top-up plan offers cost-effective protection against escalating healthcare expenses.
No Respite for Tata Sons as RBI tightens NBFC-UL norms, listing pressure mounts
Any NBFC crossing the 1 lakh crore asset mark is automatically classified as an upper-layer entity, eliminating earlier discretion provided under a parametric scoring system
RBI finalises 1 lakh cr & above as asset size criteria for classifying a NBFC in Upper Layer
Tata Sons may be required to go for listing
RBI enhances customer protection for electronic banking transactions
Banks asked to put in place a mechanism for compensation of up to 25,000 for small value fraudulent e-banking transactions, mandatorily send instant SMS alerts to its customers and provide 24x7 access through various channels for reporting of fraudulent transactions
G-Secs rally on RBI Governors rate hike comments; Brent crude oil price fall also lends support
Rupee closes 7 paise higher at 94.6650 per dollar
FundsIndia raises 44.6 crore by closing maiden secured NCD issuance
The firm plans to use the funds to strengthen its technology and platform capabilities, and expanding the range of investment products
RBI proposes guidelines for banks to manage AI risks
RBI says banks must put in place a board-approved risk management framework covering all AI and machine-learning models
London court orders Nirav Modi to pay 100 cr to Bank of India
London Circuit Commercial Court ordered him to pay more than $ 10.7 million to BOI for defaulting a loan given to a Dubai-based company promoted by him
Belong reports 2x jump in investment inflows as NRIs boost India allocation via GIFT City
More NRIs are approaching India as an investment destination, says Ankur Choudhary, Co-Founder and CEO of Belong
The Income Tax Department has flagged 15,000-20,000 cases of individuals using a 'swapped provisions' trick to unfairly reduce their tax liability. This involves manipulating claims like House Rent Allowance (HRA) for undue benefits. Taxpayers who engaged in this practice are advised to voluntarily pay the correct tax and interest, or seek condonation from the department to avoid penalties and potential legal action.
India's asset wealth management AUM projected to reach US$ 1.7 trillion by 2030: PwC report
Indias asset and wealth management industry is projected to reach US$1.7 trillion in AUM by 2030, driven by rising retail participation, growing institutional pools and expanding digital financial infrastructure, according to a PwC report.
NFO Update: Ionic Asset announces launch of Global Asset Allocation Fund
Ionic Asset has launched the Global Asset Allocation Fund, a GIFT City-based, privately placed offering aimed at sophisticated investors, HNIs and UHNIs. The fund seeks to provide geography-agnostic multi-asset exposure through a mix of global equities, commodities and REITs, with allocations designed to capture long-term structural opportunities across markets and themes.
PNB MetLife settles 99.81% of individual claims in FY26, pays out over 1,029 crore
PNB MetLife pays out 526.62 crore across 6,188 individual claims and 502.69 crore across 6,868 group claims during year
Will the ITR filing deadline for AY 2026-27 be extended? Here's what taxpayers need to know
Taxpayers can breathe easy as the Income Tax Return (ITR) filing deadline for AY 2026-27 is unlikely to be extended. Unlike last year's technical glitches and delayed form releases, this year's process has been smooth, with utilities available on time. Experts advise against banking on an extension and urge prompt filing within the stipulated dates. Various deadlines exist for different taxpayer categories.
Post office customers can now do paperless transactions at branch offices with Aadhaar e-KYC
The Department of Posts has introduced Aadhaar-based e-KYC at Branch Post Offices, enabling eligible Post Office Savings Account, RD and SSY customers to make paperless deposits up to Rs 50,000 and savings account withdrawals up to Rs 20,000. Aadhaar-authenticated transactions can now be done at any branch, while mobile-linked accounts become mandatory from September 1, 2026.
No Form 16? Here's how salaried taxpayers can file ITR using AIS and Form 26AS for FY 2025-26
Salaried individuals awaiting Form 16 for ITR filing can still proceed without it. Employers must issue this TDS certificate by June 15th. If delayed, taxpayers can use salary slips, bank statements, and crucial documents like AIS and Form 26AS to verify income and tax details. These online statements, accessible via the Income Tax portal, are vital for accurate filing and ensuring TDS credit.
These 5 flexicap mutual funds delivered single-digit returns in 3 years. Check details
Banks are constrained for credit only when they do not have sufficient capital and we (banks) have sufficient capital, the RBI Governor said
AMFI Rejig: Mazagon Dock among 9 largecaps stocks that may get midcap status in H2 CY26
Nuvama Institutional Equities expects AMFIs H2 CY26 semi-annual rejig to trigger changes in market-cap classifications, with around nine stocks potentially moving from large-cap to midcap status. Rising cut-off thresholds could affect names across real estate, hospitality, healthcare, industrials and consumer sectors.
Retirees often face a dilemma investing their corpus, balancing safety with growth. Expert Abhijit Chokshi advises a diversified approach for a Rs 1 crore investment, suggesting balanced advantage funds, quality debt funds for emergencies, and a cautious entry into equity via Systematic Transfer Plans (STPs). This strategy aims to manage risk and ensure peace of mind during market volatility, emphasizing a long-term perspective.
BHIM Payments App transaction volumes more than triple in one year: NBSL Chief
The monthly transaction volumes on the app increased from 79.64 million in June 2025 to 244 million transactions in May 2026, Lalitha Nataraj, MD & CEO, NBSL, said.
Edelweiss Mutual Fund has launched a unique technology fund, blending Indian IT stocks with global tech giants. This fund aims for long-term capital appreciation by taking a contrarian view on Indian IT while investing in innovative global companies. It offers investors a single avenue to tap into both domestic and international technology growth opportunities, differentiating itself from single-focus funds.
Premature to talk about a rate hike: RBI Guv Malhotra
The Governor observed that if the MPC was sure about the second round effects of inflation, it would have acted.
Tata AIA launches factor-based index fund within ULIP framework
The fund selects 50 stocks from the Nifty 500 universe using four factors low volatility, quality, value and momentum and tracks a customised benchmark, the Nifty 500 Multifactor MQVLv 50 Index
ITR filing 2026: July 31 isn't the deadline for everyone; check 5 other key dates
Gold prices saw a mixed trend on Wednesday, June 24, 2026, with Tanishq holding steady while other major jewellers like Malabar Gold & Diamonds, Kalyan Jewellers, and Joyalukkas lowered their 22K gold rates. This comes as IBJA's Tuesday evening rates indicated a slight dip. Consumers can check specific rates across various purities and brands for informed decisions.
FCNR rates surge to 7%: What NRIs need to know before moving overseas deposits
NFO Alert: HDFC Mutual Fund announces launch of Nifty Auto Index Fund
HDFC Mutual Fund has launched the HDFC Nifty Auto Index Fund, an open-ended scheme offering passive exposure to Indias automobile and auto ancillary sector. The NFO is open for subscription and will close on July 3. The scheme will reopen for continuous sale and repurchase within five working days after allotment of units under the NFO.
Axis Bank prices its $300 million 5-yr Senior Unsecured Notes at a fixed rate of 5.348%
Moodys Ratings has assigned a Baa3 rating, with a Stable Outlook to the above referenced obligation, Axis Bank says in a regulatory filing
Best medium duration mutual funds to invest in June 2026
Investment advisors are increasingly recommending medium duration funds, anticipating superior returns as interest rates decline. These debt funds, mandated by SEBI to hold instruments with a Macaulay duration of three to four years, suit investors with similar horizons. While sensitive to rate hikes, they offer potential for those willing to accept some volatility for longer-term parking of funds.
Not money savvy & only getting worse? 7 silent money mistakes draining middle-class India dry
Can a bank seize your vehicle after EMI default? What borrowers need to know
Facing vehicle repossession in India? Understand your rights: lenders can't seize your vehicle after just one or two missed EMIs without due process. Recovery agents must not use force or intimidation. You're entitled to notices and can reclaim your vehicle before sale if you regularize your loan. Any surplus from a sale after clearing dues belongs to you. Know the rules to protect your asset.
Investment options for senior citizens: Senior citizens seeking steady retirement income can choose between Senior Citizens Savings Scheme (SCSS), Fixed Deposits (FDs), and RBI Floating Rate Bonds.
A man will receive Rs 4,000 in compensation after an e-commerce company failed to deliver his grandmother's birthday cake, despite charging extra for delivery. The consumer commission found the company guilty of deficiency in service, ordering a refund of the cake and delivery charges with interest, plus compensation for harassment and litigation costs. The company's claim that the recipient refused the order was disproven by audio evidence.
Indian professionals holding US ESOPs and RSUs face a significant risk of up to 40% US estate tax on assets exceeding $60,000 after their death. This applies even if they are non-residents. Experts suggest strategies like routing shares through GIFT City, investing in UCITS ETFs, or lifetime gifting to mitigate this substantial tax burden for legal heirs.
Beyond returns: How benchmarking helps investors pick winning mutual funds
Understanding mutual fund performance goes beyond just returns. A benchmark, like Nifty 50 or Sensex, acts as a crucial yardstick to gauge a fund's success. Investors should look for funds consistently outperforming their benchmark, even by a small margin, over extended periods and across market cycles. This comparison is vital for making informed investment decisions.
Axis Bank anticipates a 10,000 cr portfolio expansion under ECLGS 5.0
ECLGS 5.0 aims to provide credit guarantee coverage of 100 per cent for MSMEs and 90 per cent for non-MSMEs
Indian banks can extend loans to the FCNR (B) account holders and mark lien on such deposits
The move comes as GIFT Citys broker-dealer ecosystem continues to expand, with more than 100 registered entities
RBI allows Indian banks to lend against overseas foreign currency deposits
The move is part of measures aimed at strengthening dollar inflows into the country
Kaleidofin Capital raises $5 million via IIX-backed womens livelihood bond NCD deal
The capital will be deployed in clean energy and financial inclusion initiatives
RBI issues final norms on TReDS; eases onboarding process for MSMEs
Allows insurance companies and credit guarantee fund trusts to play a more active role in supporting transactions on the platform
RBI issues final norms for TReDS platforms to boost MSME financing
The new framework simplifies onboarding and enables financiers to access credit guarantees
8th Pay Commission salary: How minimum and maximum basic salaries have changed since 1947
5 largecap mutual funds deliver over 15% annualised returns in 3 years. Check the list
Passive largecap funds led three-year performance, with BHARAT 22 and Nifty Next 50 ETFs delivering 18.9%22.1% annualised returns, while several Sensex and Shariah index funds posted modest gains.
Should you stop your SIP because the market is not doing well? History suggests otherwise
Market downturns often tempt investors to pause their SIPs, but historical data suggests staying invested may be the better strategy. A WhiteOak Capital study found that SIPs with weak initial returns frequently delivered stronger long-term outcomes, reinforcing the importance of discipline, consistency and time in the market.
Central government employees appointed on compassionate grounds before 2004, but joining after, can now opt for the Old Pension Scheme (OPS). This decision extends the benefit previously granted to regular appointees who applied before the January 1, 2004, cutoff. The move follows inter-ministerial consultations and addresses demands from employee unions, offering a significant relief for affected families.
UPI, Aadhaar banking drive 61% of MSME transactions; AI adoption rises: Report
Survey of 10,000 retailers shows rising confidence in digital tools and early-stage AI adoption at last mile
VinFast India Partners with Shriram Finance to Strengthen EV Financing Accessibility
VinFast India, the Indian subsidiary of global electric vehicle manufacturer VinFast, has signed a strategic Memorandum of Understanding (MoU) with Shriram Finance Limited (SFL), one of India’s largest retail NBFCs, to enhance consumers’ access to financing solutions and support the wider adoption of electric mobility in the country. The MoU was signed by Mr. Tapan Ghosh (left), CEO of VinFast India along with Mr. Nandagopal R., President & National Business Head – Shriram Green Finance in Gurugram Through this partnership, prospective VinFast customers will benefit from Shriram Finance’s tailored financing solutions, including up to 100% on-road funding, attractive interest rates, and flexible repayment options across VinFast’s product portfolio, designed to simplify EV ownership and accelerate adoption. The collaboration will also enable VinFast to leverage Shriram Finance’s extensive pan-India presence, deep expertise in vehicle financing, and strong customer reach across urban, rural, and semi-urban markets. Shriram Finance is one of India’s largest retail-focused NBFCs, providing lending and other credit solutions alongside traditional banking channels to more than 9 million customers through a nationwide network of over 3,000 branches. Through its green finance initiatives, Shriram Finance shares VinFast’s vision of accelerating the transition towards cleaner and more sustainable mobility solutions across India. The MoU was signed by Mr. Tapan Ghosh, CEO, VinFast India along with Mr. Nandagopal R., President & National Business Head – Shriram Green Finance. Mr. Tapan Ghosh, CEO, VinFast India , shared, “I ndia’s transition to electric mobility will be shaped not just by strong products, but by the strength of the ecosystem that supports them. Our partnership with Shriram Finance reflects VinFast’s continued focus on removing barriers to EV adoption by improving financing accessibility and enabling a smoother ownership experience for our customers across markets ” Commenting on the partnership, Mr. Nandagopal R., President & National Business Head – Shriram Green Finance , said, “ We are pleased to collaborate with VinFast through this strategic MOU, which marks an important step towards strengthening sustainable mobility solutions in India. This association reflects our shared vision to accelerate EV adoption and support the development of a stronger green mobility ecosystem across the country .” As VinFast continues to strengthen its footprint in India, this partnership marks another important step in the company’s efforts to build a robust EV ecosystem that supports the country’s transition towards sustainable mobility. Following the recent launch of the VF MPV 7, marking VinFast’s entry into the electric MPV segment, the company continues to build strong momentum in the market through strategic initiatives aimed at enhancing accessibility and ownership convenience. With collaborations focused on strengthening financing accessibility, a key enabler of EV adoption, alongside initiatives such as assured resale and structured buyback programmes, VinFast remains committed to making electric mobility more practical, accessible, and convenient for Indian consumers. About VinFast VinFast (NASDAQ: VFS), a subsidiary of Vingroup JSC, one of Vietnam’s largest conglomerates, is a pure-play electric vehicle (“EV”) manufacturer with the mission of making EVs accessible to everyone. VinFast’s product lineup today includes a wide range of electric SUVs, e-scooters, and e-buses. VinFast is currently embarking on its next growth phase through rapid expansion of its distribution and dealership network globally and increasing its manufacturing capacities with a focus on key markets across North America, Europe, the Middle East and Asia. vinfastauto.in About Shriram Finance Limited (SFL) Shriram Finance Limited (SFL) is one of India’s largest retail NBFCs with a strong nationwide presence and decades of experience in vehicle and MSME financing. The Company offers diversified financial solutions across commercial vehicles, passenger vehicles, MSME lending, EV vehicle financing, EV eco system and solar financing segments. SFL has been actively expanding its Green Finance portfolio with a focus on EV vehicle financing, EV eco system development, sustainable transportation and renewable energy solutions. With its extensive customer reach, strong distribution network and deep market understanding, SFL is well positioned to support India’s transition towards cleaner and greener mobility solutions. www.shriramfinance.in
Confusion surrounding the new Income Tax Act, 2025, and its transition from Assessment Year (AY) to Tax Year (TY) is clarified by the Income Tax Department. Taxpayers will not need to file two returns for income earned between April 1, 2025, and March 31, 2026.
8th pay commission proposals: Central government employees are urging the 8th Pay Commission to significantly hike House Rent Allowance (HRA) rates, citing soaring urban rents. Employee bodies are proposing increases to 36%, 40%, and even higher for different city categories, with some suggesting HRA be linked to Dearness Allowance (DA) and extended to pensioners. These demands aim to better align payouts with the cost of living, particularly for lower-level staff in major metropolitan areas.
Consistent performers: 6 equity mutual funds deliver over 20% CAGR in 3- and 5-year horizons
Six equity mutual funds have delivered over 20% CAGR in both three- and five-year horizons, an ETMutualFunds analysis showed. The list includes mid cap and small cap schemes from HDFC, Nippon India, Quant, Bandhan and Invesco, highlighting consistent long-term performance across categories despite market volatility.
NFO Alert: JM Financial Mutual Fund launches multi asset allocation fund
JM Financial Mutual Fund has launched its new JM Multi Asset Allocation Fund, an open-ended scheme designed for long-term wealth creation. Subscriptions open June 24 and close July 8, 2026. This fund offers a diversified portfolio across equity, debt, gold/silver, and commodity derivatives, aiming for growth with a structured, actively managed approach to navigate various market cycles and economic conditions.
Gold rate today: Gold prices saw a welcome dip today, offering relief to eager buyers. Major brands like Tanishq, Malabar Gold & Diamonds, Kalyan Jewellers, and Joyalukkas have reduced their 22k gold rates across key Indian cities.
OFSS among top 4 midcap stocks that saw highest mutual fund selling in May
Mutual funds heavily sold midcap stocks in May, including SAIL, Oracle Financial Services, National Aluminium, and Patanjali Foods, reflecting shifting allocations, valuation concerns, and sector rotation in Indian equity markets.
