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5 equity mutual funds deliver over 20% CAGR in 5 years. Do you have any?
Five equity mutual funds, led by Motilal Oswal Midcap Fund, delivered over 20% CAGR in the last five years, highlighting the strong wealth-creation potential of select midcap and smallcap schemes.
Nippon India Mutual Fund limits subscription in Gold BeES and gold savings fund
Nippon India Mutual Fund has imposed temporary subscription limits on Nippon India ETF Gold BeES and Nippon India Gold Savings Fund from June 8. While SIPs and STPs will continue within prescribed limits, fresh lump-sum investments and direct subscriptions by large investors will face restrictions until further notice.
Gold prices for Tuesday, June 6, 2026, are available from Tanishq, Malabar Gold & Diamonds, and Joyalukkas. Rates for 22k gold are provided across major cities. IBJA also offers indicative retail selling rates for various gold karats and silver.
Multicap or flexicap mutual fund for a 20-year SIP? Expert explains what investors should choose
A 37-year-old investor planning a Rs 1,000 monthly SIP for 20 years sought advice on choosing between multicap and flexicap funds. Samir Shah of Investa Financial explained the differences, highlighting risk appetite, fund manager flexibility, and goal-based investing as key factors in selecting the right mutual fund category.
Bitcoin falls below $60,000 for first time since 2024 Trump win
Bitcoin has lost more than half its value since reaching a peak above $126,000 in October last year and is now worth less than it was when crypto-friendly Trump retook the White House
Dont leave your Will at home: UK government offers official Will storage service for a small fee
Safeguard your Will with the UK government's HMCTS storage service. This official facility offers secure safekeeping for a nominal fee, preventing loss or damage. Disgruntled family members cannot tamper with Wills stored by HMCTS. The process involves posting your Will to the Newcastle District Probate Registry. A lodgement certificate will be issued upon receipt.
A family's plea for a job based on compassionate appointment after 25 years has been rejected. The Patna High Court ruled that such appointments are for immediate financial relief. The court stated that a long delay significantly diminishes the purpose of the scheme. The family's claim was dismissed as it was not an immediate need.
Govt grants two-year extension to RBI Deputy Governor Swaminathan Janakiraman
Appointed in June 2023, Swaminathan Janakiraman replaced MK Jain and has been overseeing key regulatory and banking functions at the central bank
16 year old student married 25 years old girl; After marriage breaks down she asks for maintenance which he denies on the ground of being a student; HC rejects his case on this ground and orders him to pay Rs 2,500 maintenance to wife.
Saturday bank holiday: Are banks open or closed today on June 6, 2026?
Banks will be open today, June 6, 2026. This is the first Saturday of the month, a regular working day. Bank holidays vary by state, with the RBI issuing an annual calendar. Customers can visit branches for transactions. Online services remain available for convenience. Plan your bank visits accordingly.
Why Rs 1 crore term insurance cover in 2026 may not be enough for many families
Families need more than 1 crore in term insurance. Rising expenses and loans mean a higher cover is essential. Experts suggest 1.5 crore or more. Buying early offers lower premiums and secures coverage. Policies can be increased later to match growing responsibilities. This ensures financial security for loved ones.
RBI keeps repo rate unchanged at 5.25%, policy stance neutral
The RBI upped the FY27 retail inflation projection 5.1 per cent (earlier projection: 4.6 per cent) and cut the real GDP growth projection to 6.6 per cent (6.9 per cent)
RBI to give banks greater flexibility in pricing rupee bulk deposits
Banks will have to ensure transparency and uniformity in the disclosure of deposit interest rates, per draft amendment directions.
Rupee gets booster shot as RBI announces measures to attract foreign capital
The measures buoyed the rupee, which posted it biggest single day gain since April 2 on Friday
Coordinated Centre-RBI measures target sustained dollar inflows
Reforms could improve reserve adequacy and bolster investor confidence
RBI eases investment norms to deepen foreign participation in equity, debt markets
Measures include higher investment limits for overseas investors in listed equities, wider access to government securities and relaxation of FPI debt investment norms
Govt sops to boost FPI returns from GSec by 15-20%
Policy aims to attract stable capital and lower borrowing costs
Bitcoin falls below $62,000 amid ETF outflows, macroeconomic jitters
Bitcoin is trying to stabilise around $64,000 after dropping over 13% in the past week, nearly halving its value since its October 2025 peak and reducing its market cap to approximately $1.27 trillion
The Latest Home Loan Interest Rates: Jun 05, 2026
The Latest Home Loan Interest Rates: Jun 05, 2026
The Latest Fixed Deposit Interest Rates: Jun 05, 2026
The Latest Fixed Deposit Interest Rates: Jun 05, 2026
The Senior Citizens Savings Scheme (SCSS) offers a stable 8.2% annual interest rate, ideal for retirees seeking predictable income. To earn Rs 20,000 monthly, an investment of approximately Rs 29.30 lakh is required, well within the Rs 30 lakh maximum limit. Interest is paid quarterly, and investments qualify for Section 80C tax benefits under the old tax regime.
ICICI Prudential Mutual Fund restricts subscription in ICICI Prudential Gold ETF
ICICI Prudential Mutual Fund has restricted subscriptions exceeding Rs 25 crore in its Gold ETF, becoming the second fund house to do so after HDFC Mutual Fund. This move aims to curb excessive financialization of gold at elevated prices, potentially impacting India's current account deficit and rupee. Investors are advised to consider profit booking and avoid fresh lump-sum allocations.
The 8th Pay Commission is consulting stakeholders before finalising its recommendations, while central government employees await clarity on salary hikes and arrears. If implemented with a 20-month delay, arrears may be payable from January 1, 2026. Depending on the fitment factor, Level 610 employees may receive estimated arrears ranging from Rs 7.08 lakh to Rs 20.87 lakh.
HDFC Mutual Fund limits subscription in its gold ETF and FoF. What this means for investors?
HDFC Mutual Fund has temporarily restricted large lump-sum investments in its Gold ETF and Gold ETF Fund of Fund amid surging gold prices and rising inflows. While SIPs remain unaffected, the move aims to curb excessive exposure to gold, which experts warn could worsen India's import bill and current account deficit.
IVY County: At the intersection of global trends and East Bengaluru's growth story
Bengaluru's real estate focus is shifting to East Bengaluru's Sarjapur-Varthur-Gunjur corridor. This region offers significant investment potential driven by growing tech hubs, infrastructure upgrades, and increasing demand for premium homes. Corridors like Sarjapur, Whitefield, and Varthur are experiencing strong growth. Investors are prioritizing integrated ecosystems with employment sustainability and robust connectivity.
Gold prices saw a dip today, June 5, 2026. This decline followed positive news regarding potential progress between the US and Iran. Market sentiment improved as US President Donald Trump indicated advancements.
Little Pepe (LILPEPE) price prediction: When this meme coin could hit $0.10, $0.25, and $0.30
Little Pepe (LILPEPE) is rapidly progressing through its presale, raising over $28.1 million with its unique meme-only Layer 2 ecosystem. The project aims to offer fast, low-fee transactions and a dedicated launchpad, positioning itself as an infrastructure play. Analysts are exploring potential price targets of $0.10, $0.25, and even $0.30, contingent on successful exchange listings, ecosystem development, and community adoption.
PGIM India Mutual Fund revises subscription limits in its 3 international funds
PGIM India Mutual Fund has revised daily subscription limits for three international funds, effective June 5. Fresh SIPs are capped at Rs 50,000 per day, per investor, per scheme. Existing SIPs and STPs will continue, while new STP registrations will not be accepted after June 4, 2026.
FD interest rate up to 8.05%: 4 banks that revised FD interest rates in June 2026
Fixed deposit investors are watching interest rates closely. Several banks have revised their FD rates in June 2026. Savers can lock in attractive returns with some banks offering up to 8% interest to senior citizens on select tenures. Punjab National Bank, Ujjivan Small Finance Bank, Union Bank of India, and DCB Bank are among those with updated rates.
EPFO interest update: When will 8.25% EPF interest be credited to subscribers accounts?
RBI MPC decision: How should mutual fund investors change their strategy after rate pause?
The Reserve Bank of India maintained the repo rate at 5.25%, reflecting a cautious stance amid global uncertainties and inflation risks. Experts suggest this signals a stable interest-rate environment for debt funds in the near term, while equity investors should focus on earnings growth and global developments.
Bitcoin treasury firms shed $62 billion in deepening crypto rout
Bitcoin has dropped about 14% this week to trade around four-month lows
NFO Alert: 360 ONE Mutual Fund launches Equity Ex-Top 100 Long-Short Fund under its SIF segment Dyna
360 ONE Mutual Fund has launched the DynaSIF Equity Ex-Top 100 Long-Short Fund, an open-ended strategy focused on mid and smallcap equities for long-term capital appreciation. The fund allows limited short exposure through derivatives, aiming to generate alpha across market cycles. The NFO is open until June 19.
RBI announces five measures to attract dollars
Move comes in the face of the rupee coming under pressure amid the West Asia war, spike in crude oil prices and FPI-related dollar outflows from the Indian equity markets
Around 16 equity mutual funds delivered impressive returns over the last five years. These funds multiplied investors' lumpsum investments by over 2.3 times. Motilal Oswal Midcap Fund led the pack, more than doubling initial investments. Other top performers included Bandhan Small Cap Fund and Nippon India funds. This analysis highlights significant growth opportunities in select equity mutual funds.
RBI keeps repo rate unchanged at 5.25%, announces forex measures to attract dollars
RBI revises real GDP projection downward to 6.6% from 6.9% and ups retail inflation projection to 5.1% from 4.6% for FY27
RBI holds repo rate, but for how long will relief for home loan borrowers continue?
The RBIs decision to keep the repo rate unchanged at 5.25% has provided relief to home loan borrowers, but rising inflation could trigger future rate hikes and costlier EMIs. Borrowers can reduce interest burden through strategies such as home loan prepayments, paying an extra EMI annually, or refinancing at lower rates. These methods can save lakhs in interest and significantly shorten loan tenure.
RBI MPC Meeting 2026: Will FD interest rates increase as RBI holds repo rate?
Despite the RBI keeping the repo rate unchanged, several factors suggest banks may increase fixed deposit rates soon. Rising inflation, a high deposit-credit ratio, and attractive small savings schemes are pushing banks to offer better returns to attract investors after a period of low FD rates.
Rupee is falling: As an NRI, should you prepay your India home loan or keep the cash abroad?
Foreign investors pivot to short govt bonds ahead of policy turn
Bonds with maturities of less than five years made up over two-thirds of the top 10 notes foreign investors bought during March-May, higher than less than half of similar purchases in January-February, clearing house data showed.
Leadership exits highlight talent war in Indias GIFT City
Talent retention remains a hurdle for GIFT City despite its growing appeal to global firms
An NRI in Hong Kong faced an income tax dispute after withdrawing cash from his NRE account to give to his father. The father used this money to buy an insurance policy in his son's name, leading to an 'unexplained cash credit' notice. ITAT Mumbai ultimately ruled in favor of the NRI, finding his explanation of the funds' origin satisfactory.
Many salaried employees forget to transfer their Employees' Pension Scheme EPS service history when switching jobs. This is crucial even if their Employees' Provident Fund EPF balance is zero. Failing to do so can create gaps in pensionable service. This impacts future pension eligibility and the monthly pension amount.
Neelkanth Mishra appointed Executive Director at the World Bank
Mishra is at present working as Chief Economist with Axis Bank
ICICI Bank receives SEBI warning over FPI fund repatriation lapse
The bank said SEBI issued the warning letter on June 1, 2026, which was received by the lender on June 2.
India should stop selling itself short: Citi Chief Fraser
Fraser underscored the long-term potential and trend that India inexorably is on
Fintech platform WeRize bags $7 million funding
The funding round was led by Sony Innovation Fund, with participation from existing investor 3one4 Capital.
Sundaram Home Finance plans to open 25 Emerging Business branches this year
These new branches will come up in tier-3 and -4 towns in Tamil Nadu, Karnataka, Andhra Pradesh and Telangana, the company said
PPFAS CIO Rajiv Thakkar said successful investing depends more on patience than frequent trading. He advised avoiding unnecessary selling, profit booking and reactionary decisions, while exiting only for capital needs, mistakes, fraud, structural disruption, extreme valuations or better opportunities.
Now easier to enrol for NPS: Pension body launches StAR NPS for online onboarding
The Pension Fund Regulatory and Development Authority has launched a new digital platform called StAR NPS. This platform, developed by BSE Technologies, allows Points of Presence to onboard National Pension System subscribers digitally. The process includes electronic data collection and KYC verification. Subscribers can make their first contribution through the platform, leading to PRAN generation.
HDFC Mutual Fund restricts lumpsum subscriptions in its gold ETF and fund of fund
HDFC Mutual Fund has temporarily restricted lumpsum investments in HDFC Gold ETF and HDFC Gold ETF Fund of Fund. The move limits large subscriptions and switch-ins, while existing scheme terms remain unchanged. The restrictions take effect from June 5 and June 8 until further notice.
NFO Alert: Motilal Oswal Mutual Fund launches BSE Clean Environment Index Fund
Motilal Oswal Mutual Fund has launched the Motilal Oswal BSE Clean Environment Index Fund, an open-ended scheme tracking India's first diversified clean economy index. The NFO, open from June 5 to June 19, offers passive investment in five transformative themes: Renewables, EVs, Water Treatment, Recycling, and Waste Management, aiming for long-term capital appreciation.
Helios Capital founder Samir Arora believes investor pessimism toward India is driven more by a negative halo effect than weakening fundamentals. Speaking at the ET Alpha Wealth Summit, he argued that concerns around AI, valuations and FII selling are overstated, while Indias long-term earnings and growth story remains intact.
Fifteen years ago, Panvel was a barren hillock, but Vijay Wadhwa envisioned it as Mumbai's next urban center, addressing the city's growing pressures. Wadhwa Wise City was conceived to offer a better quality of life, blending opportunity with well-being. Strategic infrastructure projects and coordinated planning are transforming Panvel into a future-ready hub.
Central Bank of India expects over 3,500 cr recovery from bad loans in FY27
The bank had made total recovery of 3,307 crore during financial year ended March 2026
Reliance traders said to game plan in case RBI raises rates
One proposal suggests shifting Reliances cash from liquid mutual funds to short-dated money market instruments, sources say
Rs 1 lakh investment in NSC: What will be maturity value after 5 years?
National Savings Certificate provides a secure investment option. With a 7.7% interest rate, a Rs 1 lakh investment grows to over Rs 1.44 lakh in five years. Tax deductions are available under Section 80C for those following the old tax regime. NSC accounts can be transferred in specific situations.
Residential property prices in Gurgaon have surged by 18.4% in the past year, reaching Rs 16,249 per square foot. This significant increase is attributed to the upcoming Gurgaon Greater Southern Peripheral Road (GSPR) and associated infrastructure upgrades, positioning the area as a prime real estate hotspot.
He believes a combination of free trade agreements (FTAs), a weakening rupee, and shifting global supply chains could create a massive opportunity for Indian exporters over the coming decade.
DSP Mutual Fund CEO Kalpen Parekh advised investors to seek future alpha in out-of-favour areas, not recent winners. He emphasized that market leadership rotates and diversification across asset classes can reduce volatility without sacrificing long-term returns, urging a focus on neglected opportunities.
NPS-Lite subscribers can now withdraw their entire accumulated pension wealth up to Rs 2 lakh as a lump sum, the Department of Posts announced. PFRDA's revised regulations offer enhanced flexibility, allowing this option for smaller corpus amounts. This move aims to simplify withdrawals for eligible subscribers, particularly those not auto-migrating to Atal Pension Yojana.
Income tax return filing 2026: 5 reasons smart taxpayers file ITR even when not mandatory
Visa signs Shah Rukh Khan, launches Infinitely More campaign targeting Indias affluent consumers
Visa launched Visa.co.in, a platform offering curated lifestyle benefits and rewards for eligible cardholders
8 smallcap funds struggled with consistency in the last 5 years. Do you own any?
Eight smallcap mutual funds showed low five-year performance consistency, according to CRISP Scorecard, with varied risk profiles, investment styles, and moderate returns across LIC MF, ICICI Prudential, SBI, and Kotak funds.
Money market volumes hit record high as bank lending booms
Value of trades in tri-party repurchase segment hit all-time high of 5.5 trillion rupees on May 13 and has stayed elevated since
J&K Bank wins Finacle award for AI-driven analytics platform
The award was presented in the category Modern Technologies-led Innovation Data Insights & Analytics Platform at a ceremony organised by Infosys Finacle in Mumbai
Loan recovery agent harassing you? Know these 6 borrower rights that can protect you
Best mid cap mutual funds to invest in June 2026
Mid cap mutual funds have seen a strong rally, leading to investor anxiety about current valuations. While these funds offer potential for high returns, they also carry significant risk due to volatility and corporate governance concerns.
SGBs vs mutual funds: The tax difference could mean lakhs more in your pocket
India weighs tax cuts to attract foreign bond investors
The proposals come as policymakers seek to support the rupee amid foreign fund outflows, higher oil import costs and global economic uncertainty.
What tech companies won't tell you about hiring after 40? What to do if laid off at work
The RBI is widely expected to keep the repo rate unchanged at 5.25% in the June 5 MPC meeting despite concerns over rising fuel prices, a weaker rupee and geopolitical tensions. Experts believe FD rates are unlikely to rise soon as liquidity conditions, credit growth and deposit growth have stabilised. Most analysts see little chance of an immediate repo rate hike, suggesting FD investors may have to wait longer for any meaningful increase in fixed deposit interest rates.
Wealth wisdom of the day: Working for money is not the key to wealth; it should be the other way around, is what Robert Kiyosaki suggests - The poor and the middle class work for money. The rich have money work for them. But theres something even more important than making more money how much you keep.
ADB and Standard Chartered partner to boost supply chain finance in India
The partnership includes a GIFT City-based facility for dollar-denominated transactions and a partial guarantee mechanism for domestic rupee transactions
Big news for UK renters. From May 1, 2026, landlords can no longer use rent review clauses to hike rents. They must now follow a specific legal process. This change aims to prevent unfair rent hikes and backdoor evictions. Tenants can challenge proposed increases if they seem too high.
UPI acceptance at QR-code merchants goes live in Cambodia
The initiative marks the first phase of collaboration between NPCI International Payments Limited and Acleda Bank Plc. and is aimed at promoting seamless, secure, real-time cross-border merchant payments while reducing reliance on cash and cards
Manufacturing sector emerges as key structural play amid global supply chain shift
Investors can explore manufacturing mutual funds for portfolio diversification. The sector shows strong potential driven by domestic demand and global supply chain realignments. Experts suggest a staggered investment approach over six months. The Nifty Manufacturing Index offers distinct exposure compared to the Nifty 50. This theme is poised for growth, supported by policy and evolving global needs.
Grievance redressal mechanism being framed to prevent hospital-health insurance stand-off
Some concrete measures being discussed include having standard treatment protocols for common ailments to start with, which could help define pricing, says Dr S Prakash, Chief Executive Officer at General Insurance Council
RBI cancels 182-day, 364-day treasury bill sale, traders interpret move as rate signal
This is the second time in less than three months that RBI has cancelled a treasury bill sale
Karnataka Bank enables digital EPF payments
Strong banks require capital and technology; they also require judgment, governance, accountability and institutions that learn.
No major impact of West Asia conflict on asset quality so far: SBI Chairman
Credit demand seems to be robust across sectors, he said
Rate pause by RBI will support growth stability: SBI Chairman
A pause will definitely help us stabilise in terms of ensuring that smooth growth rates are achieved, Setty said
PNB customer alert: PSU bank suspends MasterCard network activity linked to Russia
Punjab National Bank customers using MasterCard for international transactions face continued suspension of services linked to Russia. This action aligns with global sanctions. The bank also announced the discontinuation of complimentary airport lounge access for its MasterCard Platinum Debit Cardholders from June 1, 2026. New fixed deposit rates are effective from the same date.
RBI's rate-setting panel starts deliberations, policy announcement on Friday
The RBI's Monetary Policy Committee (MPC) began its three-day meeting on Wednesday, with most economists expecting the central bank to keep the repo rate unchanged at 5.25% when it announces its decision on June 5.
5 smallcap funds crossed the 25% annualised return mark in 3 years. Here's the list
Several smallcap funds have demonstrated strong performance, with five achieving over 25% annualized returns in the past three years. Bandhan Small Cap led the pack with a 29.4% return. In contrast, five other prominent small-cap funds experienced slower growth, delivering single-digit gains.
