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Six new NFOs, including five passive funds, to open for subscription on Monday
Equity mutual funds fall over 7% in a week; international schemes lead the losers list
Equity mutual funds fell over 7% during the week of November 1721, with international schemes dominating the losers chart.
Gold and midcaps lead 10-year returns; heres the full scorecard
Multiple investment segments have delivered over 17% returns over the past decade.
Parag Parikh Large Cap Fund to offer 5 distinct features; NFO opens in January 2026
PPFAS Mutual Fund unveiled details of its upcoming Parag Parikh Large Cap Fund at its 12th Unitholders Meet, ahead of an expected January 2026 NFO. The rules-driven fund will be built around the Nifty 100 with capped weights, broad diversification and a low expense ratio. Leaders outlined its five key features and the conditions that justify launching the new scheme.
In a recent ruling, the Income Tax Appellate Tribunal in Chandigarh has granted a significant tax relief to Mr. Saini, a retired worker from the Punjab State Electricity Board. He will now enjoy a tax exemption for the leave encashment accrued during his tenure at the government organization.
Kotak Mahindra Bank alert: No UPI, ATM transaction above Rs 20,000 for one hour on November 23, 2025
Dear customers of Kotak Mahindra Bank, please be advised to strategize your banking actions before November 23, 2025 3.30AM till 4.30AM. On this date, any UPI and ATM transactions above Rs 20,000 will be temporarily halted, alongside the unavailability of both old and new mobile banking platforms. This is all part of an essential system upgrade to enhance your future banking experience.
FD rate up to 7.4% for general citizens investing for one year; Know full list of banks
if you have an income of Rs 11 lakh, then you wont have to pay income tax due to the Section 87A tax rebate under the new tax regime for FY 2025-26. The Section 87A tax rebate applies to income up to Rs 12 lakh under the new tax regime for FY 2025-26. Moreover, you can also submit Form 15G to avoid TDS deduction, if the total income, after claiming all tax deductions and the Section 87A rebate, is below the taxable limit.
Big win for Mr. Khatri! The Rajasthan High Court just ruled that his adult, married son needs his dad's permission to live in his house. This basically confirms Mr. Khatri's sole ownership rights, meaning he's in charge of who stays on his property. It's a clear victory for the father's property rights.
Insurance Bill for 100% FDI listed for winter session
The proposed amendments are expected to lay down the framework for composite licences, allowing insurers to offer multiple categories of insurance life, health and general under a single licence
Starting November 21, 2025, India is set to transform its workforce landscape with four pioneering labour codes. These reforms mandate appointment letters for every worker, ensuring transparency and security. Fixed-term employees will benefit from gratuity payouts after completing one year, while women will enjoy the option of night shifts, fostering inclusivity.
Heads up! Theres a new phishing scheme targeting Microsoft users with fake password reset emails. Scammers have set up a website similar to Microsoft's, using 'rnicrosoft.com' to lure you in. This could lead to serious security breaches for your account. Make it a habit to scrutinize email addresses and links closely. For password resets, go straight to the Microsoft homepage.
Sagarmala Finance Corporation to raise 8,000 cr this fiscal
Sagarmala Finance Corporation is India's first maritime sector-specific NBFC
JioBlackRock and Parag Parikh Liquid Funds among top 5 low cost and high return funds in 3 months
Maharashtra and Delhi among top 10 states to contribute maximum to average AUM in October
Top 10 states was recorded at Rs 79.79 lakh crore as on October 2025.
Is diversified SIP + NPS portfolio enough to build Rs 15 crore? Heres what advisors say
A 33-year-old government teacher, Saurabh Yadav, is strategically investing in SIPs and NPS to build a Rs 15 crore corpus over 30 years. His well-diversified portfolio, with a moderate to high-risk allocation, is praised by experts. Regular reviews and controlled smallcap exposure are key to achieving his long-term wealth goal.
Bitcoin falls to $80,000 as market makers navigate rising volatility
Selloff erases nearly 25% of Bitcoins value this month
Saturday bank holiday today: Are banks open or closed today on November 22, 2025?
Customers who push their bank related work to Saturdays should make sure to check if banks are open on the coming Saturday or not. Digital banking and ATMs will remain operational for all essential transactions. No other bank holidays are scheduled for November.
Venture debt funds widen global footprint to tap new growth pools
EvolutionX Debt Capital, Stride Ventures, BlackSoil Group and others are deepening their presence in West Asia, South-East Asia and Europe
RBI starts interlinking UPI with TIPS of Eurosystem
The proposed UPITIPS interlinkage aims to facilitate cross-border remittances between India and the Euro area
Axis Bank to raise up to 5,000 crore via NCDs
Axis Bank reported 26% year-on-year decline in net profit at 5,090 crore in Q2FY26, on account of one-time standard asset provision, higher operating expenses and muted core income growth
Banks CD ratio continues to stay above 80%, data shows
This is also limiting their ability to cut deposit rates further, even though lending rates have fallen post repo rate cuts, leading to shrinking margins analysts say
Bitcoins drop to $83,000 signals fear-driven decline, not structural, analysts say
According to Mudrex CEO Edul Patel, Bitcoins consolidation comes from weakness across major financial markets as macroeconomic uncertainty turns investors cautious
New labour laws are now in effect. Fixed-term employees receive full benefits and gratuity in one year. Women workers gain equal pay and broader work opportunities. Contract workers will get health and social security from employers. Gig and platform workers are defined and will receive welfare benefits. These reforms simplify 29 old laws into four codes.
CBDT (Central Board of Direct Taxes) Chairman Ravi Agarwal has clarified that the department is currently investigating high-value and red-flagged refund claims due to suspected incorrect deductions.
Tech, smallcap mutual funds among 3 categories delivering negative average returns in 2025
The Wealth Company Multi Asset Allocation Fund NFO is open for subscription. 10 things to know
ETMutualFunds breaks down key details of The Wealth Company Multi Asset Allocation Fund NFO, covering its strategy, asset mix, fund managers, flexibility across equity, debt and commodities, and suitability for diversified investing
NFOs: 12 mutual funds and 1 SIF are open for subscription now.Check details
Mutual funds launch new funds to complete their bouquet of offerings. Here's a detailed breakdown of NFOs live now (Source: ACE MF).
Karisma Kapoor to get Rs 5.51 lakh as monthly rent from her residential unit in Mumbai
Bollywood actress Karisma Kapoor has rented out her residential property located in Bandra West, Mumbai. At a monthly rate of Rs 5.51 lakh, this agreement, officially registered for November 2025, will last for one year.
European shares fall on tech rout, Fed policy jitters
The STOXX is on track for weekly losses of nearly 3%, its biggest weekly drop since the unveiling of U.S. tariffs sent global markets into a tailspin between late March and early April. Among individual stocks, French water and waste management group Veolia VIE.PA lost 1% after agreeing to buy U.S.-based hazardous waste company Clean Earth from Enviri for $3 billion.
Top 4 smallcap mutual funds to invest in November 2025
ETMutualFunds has shortlisted four top smallcap funds for November 2025 based on rolling returns, consistency, downside risk and long-term performance.
17 equity mutual funds offer over 20% return in 9 months. Do you own any?
Around 17 equity mutual funds have delivered over 20% returns in the last nine months, with midcap funds dominating the top performers. Mirae Asset Midcap Fund and Invesco India Midcap Fund led the pack with returns exceeding 24%. The remaining 264 funds saw returns ranging from 2.01% to 19.90%.
Have unclaimed insurance amount? Heres how to check and claim your hidden wealth
Over Rs 25,000 crore remains unclaimed in Indian insurance policies due to forgotten claims or unaware nominees. Tracking and claiming these dormant funds is now easier through insurer websites and the IRDAI's Bima Bharosa portal. It offers simple ways to check for unclaimed amounts and provides a clear process for rightful beneficiaries to claim what is theirs.
Can smart beta funds be your shortcut to beat the market in 2026?
The RBI Governor further explained that the inherent fragility of financial institutions adds to the regulatory challenges. Banks operate on maturity and liquidity transformation, accepting short-term deposits and extending long-term loans
5 warning signs the cashless effect is draining your wallet; 5 ways to deal with it
MF Tracker: Sundaram Focused Fund turns Rs 10,000 SIP to over Rs 1 crore in 2 decades
Sundaram Focused Fund has turned a Rs 10,000 monthly SIP into Rs 1.12 crore over two decades, showcasing strong long-term compounding. While its inception returns are impressive, recent performance has lagged behind its benchmark and category average. Experts advise caution due to concentrated portfolios, suggesting focused funds are best for investors with high risk tolerance.
Bank treasuries turn circumspect in buying G-Secs
CCIL data shows banks net purchase of G-Secs shrank to 849 crore on November 19, 2025, against 6,716 crore on June 6, 2025
Banks' financial health improves as NPAs decline to 4.05 lakh crore: CareEdge Ratings
The report further highlights that by Q2FY26, sectoral GNPAs as a percentage of total advances for public sector banks (PSBs) continued their downward trend across all segments, reflecting broad-based improvement
Kotak Mahindra Bank and super.money introduce the Kotak811 3-in-1 account. This new offering combines a zero-balance savings account, a fixed deposit, and a secured credit card. The Kotak811 super.money credit card is backed by a fixed deposit, offering a credit limit up to 90% of the FD value. This facility is also available for individuals with lower credit scores.
RBL Bank has launched two new premium credit cards: LUMIRE and NOVA. LUMIRE, an invitation-only metal card, offers exclusive luxury experiences and personalized services for Rs 50,000 annually. NOVA targets frequent travelers with 6% value back on bookings and 10% restaurant savings, priced at Rs 12,500 annually.
Employee unions are pressing Prime Minister Narendra Modi to revise the 8th Pay Commission's Terms of Reference. Key demands include reinstating the Old Pension Scheme for lakhs of employees and ensuring pension revisions for current pensioners. Unions also seek the inclusion of stakeholder expectations and an interim relief of 20% for employees and pensioners.
Exciting news for property sellers! Starting April 1, 2027, you can now effortlessly close your Capital Gains Account Scheme accounts online. This fantastic update from the Central Board of Direct Taxes eliminates previous bottlenecks that required tedious in-person applications. Enjoy a hassle-free experience as you manage your tax exemptions for property sales right from your living room!
The Bombay High Court has made a pivotal judgment by reversing the conviction of a man and his parents charged with cruelty under Section 498A. The court determined that the accusations based solely on the wife's parents' statements lacked sufficient credence.
Tata Neu to slash up to half its staff as Tata Digital sharpens focus on profit
The move, cleared at a recent Tata Digital board meeting, follows continued losses at the company despite FY25 revenue rising to 32,188 crore and fresh investments of nearly 4,000 crore from Tata Sons
Blue-chip cryptocurrencies fall on volatile macros, profit booking by large institutions
RBI does not target any level for INR, says Governor Malhotra
He exuded confidence that India will have a good trade deal with the US, and that would relieve the pressure on the countrys current account balance
Nineteen new banks are now authorized to offer Capital Gains Account Scheme Services. This expansion provides more options for taxpayers to deposit unutilized capital gains and claim tax exemptions. Homebuyers will benefit from increased flexibility in choosing banking services for these transactions. The move aims to simplify the process for individuals seeking tax relief on asset transfers.
WazirXs Revival - an understated moment for Indias Crypto Industry?
A Harvard study highlights billions lost annually due to hasty liquidations, advocating for restructuring. WazirX's successful Singapore-based restructuring after a cyberattack offers a creditor-friendly model, contrasting with India's delayed NCLT processes. This signals a need for India to adopt structured regulatory frameworks for emerging technologies.
UIDAIs New Aadhaar App: How offline verification simplifies and secures ID checks
India's UIDAI is launching a new Aadhaar app featuring offline verification to enhance security and privacy. Users can share Aadhaar details paperlessly, reducing fraud risks. The app allows storing up to five family profiles, biometric locking, and streamlined updates, offering greater control and convenience for Aadhaar holders.
These 5 equity mutual funds deliver up to 25% return in 10 years on SIP investments
These five equity mutual funds have delivered 2125% annualised SIP returns over the past decade, with smallcap and midcap categories dominating the charts.
NFO Alert: Axis Mutual Fund launches Axis Multi-Asset Active FoF
Axis MF has launched the Axis Multi-Asset Active FoF, offering a single-window solution combining equity, debt, gold, and silver through a model-driven allocation framework. The fund aims for long-term capital appreciation with dynamic rebalancing, efficient taxation, and diversified exposure, targeting investors seeking smoother returns and lower volatility over a two-year horizon.
In a landmark decision from the Delhi High Court, a husband is required to divvy up 50% of the profits from a property sale with his wife during their divorce proceedings. In addition to this division, the court has ordered him to remit a monthly sum of Rs 2 lakh to her.
How top 10 India-focused offshore equity funds and ETFs fared
Assets of the largest India-focused offshore funds and ETFs rose modestly over six months, with most major funds seeing inflows. iShares MSCI India products remained dominant, while midcap and diversified strategies also expanded their asset base
What are the pros and cons of investing in Fund of Funds?
The forgotten Tata stock has inflicted a mounting Rs 25,000 crore loss on investors as prolonged underperformance, weak sentiment, and fading confidence deepen concerns. With no clear catalyst for a turnaround, shareholders remain uncertain about recovery prospects, questioning whether the stock can reclaim value or continue its downward drift.
The Sukanya Samriddhi Yojana (SSY) offers a high 8.2% interest rate, making it a top post office small savings scheme for daughters' financial security. With over four crore accounts opened and Rs 3.25 lakh crore deposited, SSY aims to fund education and marriage expenses. The maximum investment in the scheme in a financial year is Rs 1.50 lakh.
NFO Update: Canara HSBC Life Insurance launches NextGen Consumption Fund
Canara HSBC Life Insurance introduces the NextGen Consumption Fund. This new fund allows customers to invest in India's growing consumption driven by millennials and Gen Z. It focuses on companies benefiting from changing lifestyles and digital adoption. The fund targets sectors like e-commerce, fintech, and retail. It aims to capture the multi-trillion dollar consumption growth expected from India's young population.
In a landmark decision, the Punjab and Haryana High Court has granted a specially-abled woman access to her late father's family pension, overturning a previous denial. Despite her 70% disability and her marriage to a husband with a 100% disability who has a government job, the court affirmed that neither her marital status nor her husband's salary affects her eligibility.
Baroda BNP Paribas AMC launches Indias first Gift City fund investing in US small caps
Baroda BNP Paribas Asset Management has launched India's first fund offering direct access to the US small-cap market via its GIFT City branch. The Baroda BNP Paribas GIFT US Small Cap Fund allows Indian investors to diversify into US equities, overcoming SEBI's overseas investment cap. This regulated, dollar-denominated fund invests in the well-performing BNP Paribas US Small Cap Fund.
Mutual funds fully exited these 7 stocks in October. Heres the list
In October, mutual funds fully exited seven stocks, including Mangalore Chemicals, Dhani Services, and 5Paisa Capital, selling shares worth up to Rs 308 crore, as per Prime Database.
In Noida, property ownership operates under a leasehold model, which means the land is ultimately owned by the authority, whereas Ghaziabad provides a more traditional freehold option, allowing buyers full ownership rights. While converting leasehold properties in Noida to freehold is a complex issue with limited avenues, the authorities are actively engaging in discussions to explore feasible renewal mechanisms.
In a twist of fate, a government servant handed back a bribe of Rs 3 lakh in the form of a cheque when a promised job didn't materialize. However, the cheque bounced, prompting the hopeful candidate to take legal action. Read more to know what Madras High Court said.
This Sovereign Gold Bond series turned Rs 2,911 investment into Rs 12,300 on final redemption
Sovereign Gold Bond: The Reserve Bank of India (RBI) has announced the final redemption price of Sovereign Gold Bonds 2017-18 Series VIII issue date November 20, 2017. The dates for the subscription of the tranche were November 13-15, 2017, while the date of issuance for the same was November 20, 2017.
Revenge saving: When you finally decide your money needs tough love
Employees who attempt to cheat the system with bogus tax deductions risk facing severe repercussions. The Income-Tax Department is now harnessing cutting-edge data analytics to uncover exaggerated refund requests. This scrutiny could result in tax audits, significant fines, or even criminal charges. If taxpayers realize they've made errors, they should promptly submit amended returns to mitigate these risks.
Aging parents, rising costs: A smart guide to senior citizens health insurance and care planning
PPFAS receives approval to launch 2 new passive GIFT City based outbound funds
PPFAS is launching two new funds from GIFT City. These passive funds, Parag Parikh IFSC S&P 500 FOF and Parag Parikh IFSC Nasdaq 100 FOF, will invest directly in S&P 500 and Nasdaq 100 ETFs. Indian investors can now get exposure to these global indices without foreign brokerage accounts.
I want my wife to inherit my flat after me, should I execute a gift deed or a will?
ET Wealth Reader's Query: I purchased a two-bedroom flat and want the ownership of this flat to pass exclusively to my wife upon my demise. I am unsure whether executing a gift deed or a will is the best option, or if there is another way to add my wife's name to the ownership?
Gold & silver ETFs lose up to 9% in 1 month. Is it time to buy the dip or wait?
Gold and silver ETFs have seen sharp declines, losing up to 9% in a month. Experts advise holding current investments and using SIPs for averaging. While equity dips are buying opportunities, gold and silver behave differently. Investors should adopt a wait-and-watch approach unless using them as debt substitutes for the long term.
IndusInd Bank plans sweeping overhaul after probe
IndusInds shares have dropped about 12% this year, compared with a 9% rise in the S&P BSE Sensex Index
Is it legal to transfer money to wifes account to save taxes?
When it comes to transferring funds to your spouse for tax benefits, it's crucial to understand the rules involved. Any income generated from assets given to your spouse is considered taxable income for the husband. This taxation persists even if the nature of the asset changes. Furthermore, any losses from these investments are also combined for tax purposes.
Foreign portfolio investors' money will follow earnings, says Dhiraj Agarwal
Underweight stance to reverse only if Indias earnings rebound strongly in H2, says Ambit Investment Managers
Banks to up scrutiny on loans to export-driven cos post RBIs relief measures
Banks outstanding credit to export segment stood at 11,755 crore as of September, up 3 per cent on year.
HDFC Bank emerged as the most valued India brand: Kantars BrandZ rankings
Kantar BrandZs Top 100 Most Valuable Indian Brands reached a combined value of $523.5 billion in 2025, accounting for nearly 13 per cent of the nations GDP
Sebi extends deadline for feedback on proposal to overhaul mutual fund rules
This additional expense, introduced to offset the impact of crediting exit loads back to schemes, was first set at 20 bps in 2012 and later reduced to 5 bps in 2018. The additional expense of 5 bps that mutual fund schemes were allowed to charge was transitory in nature, Sebi noted
Muthoottu Mini Financiers AUM rises 30% in H1
The company also surpassed the 5,000 crore AUM milestone in October
Income tax refunds for the 2025-26 assessment year are being credited. Some taxpayers are still waiting for their refunds. The CBDT Chairman explained that delays occur due to reviews of deduction claims. Taxpayers can check their refund status online. Incorrect bank details or ITR errors can also cause delays. The department aims to release remaining refunds soon.
NPCI set to disrupt card usage; fintechs poised for major gains
A Bernstein report highlights that the next shift will come from linking RuPay credit cards to UPI, enabling users to tap credit lines through QR-based merchant payments.
PM Kisan 21st instalment: Prime Minister Narendra Modi released the 21st PM Kisan instalment in Coimbatore. He transferred Rs 18,000 crore to 9 crore farmers. The scheme provides Rs 6,000 annually to eligible farmers. Beneficiaries can check their names on the official PM Kisan portal. eKYC is mandatory for receiving payments.
HDFC Mutual Fund among 4 AMCs to receive over Rs 15,000 crore inflows from top30 cities in October
Several major AMCs, including SBI, ICICI Prudential, HDFC, Nippon India, and JioBlackRock, recorded strong AAUM inflows in October, while six mutual funds experienced monthly outflows.
Changing health insurers? Heres how your claim gets paid
Are your global index ETFs trading at a premium? Here are top trades and investor action plan
GST department can freeze your bank account! Here's what you should do if it happens with you
To ensure the integrity of tax collection, the GST department can provisionally seize a taxpayer's bank account. This precaution is crucial during probes into suspected tax evasion or fraudulent practices, often linked to bogus Input Tax Credit claims or overdue GST payments. Taxpayers are entitled to challenge these measures and request the unlocking of their funds.
Invesco Mutual Fund: Eternal and Swiggy among top 10 stock holdings in October
The fund house with Rs 1.38 lakh crore AUM shared top holdings, led by HDFC Bank and ICICI Bank, with most weights slightly changing while Infosys and Swiggy remained unchanged overall.
25bps repo rate cut likely in December MPC meet, says Morgan Stanley
The central bank will also closely track the evolving domestic growth and inflation trends before taking further steps
4 mutual funds made complete exit from these 7 midcap stocks in October
Four major mutual fund houses HDFC MF, SBI MF, Nippon India MF and Quant MF fully exited seven midcap stocks in October, including IREDA, Tata Elxsi, Aurobindo Pharma, JSW Infra, Biocon and Oil India.
In October, the Capitalmind Flexi Cap Fund strategically reshaped its portfolio by divesting from Cartrade Tech, HCL Technologies, and Hitachi Energy India, while welcoming new additions like Bharat Electronics, City Union Bank, and Force Motors. The fund adjusted its stakes, increasing exposure in 22 stocks and reducing it in 2, resulting in a total AUM of Rs 185.87 crore.
A Bengaluru homebuyer has won a significant victory against a builder. After a lengthy delay in getting possession of their apartment, the homebuyer took the builder to Karnataka RERA. The authority has now ordered the builder to pay Rs 29 lakh plus interest. This decision highlights consumer rights and builder accountability in real estate.
HUF property, partition, and tax rules explained in simple terms; what happens after Karta's death?
