12 C 
IBBI plans to do home buyers a good turn
IBBI proposes two measures whereby the resolution professional will include the details of all allottees, irrespective of whether such allottees have filed claims; and the resolution plan providing for fair treatment of such allottees
Axis Bank launches curated salary programme for start-up employees
Programme offers a zerobalance savings account, comprehensive insurance cover, exclusive creditcard privileges and personalised loan options
SBI chief calls for shared digital infra to tackle fraud, aid risk management
Banking now accessible to millions, but penetration levels low in credit, insurance segments
Sundaram Home Finance to expand its emerging business segment to Telangana
The company, which had entered this in October 2022, has expanded to over 50 branches, a majority of which are in TN and is now looking to expand its presence outside the state, it said in a media release
New ITR forms to be notified by January 2026: Know when they take effect
India will roll out freshly designed income-tax return forms under the new Income Tax Act, 2025, with the Finance Ministry set to notify them by January 2026. The updated forms and rules will come into force from April 1, 2026, giving taxpayers time to adjust to the new system.
Edelweiss Life reports highest-ever claim settlement ratio of 99.29% in FY25
We have continuously refined our processes, simplified claim procedures: Sumit Rai, MD & CEO
From training to transformation: How AssetPlus Academy is reinventing mutual fund distribution
India's mutual fund sector faces a significant gap in distributor numbers, hindering wealth creation. AssetPlus Academy has launched a free platform to train and empower a new generation of ethical, skilled mutual fund distributors. This initiative aims to bridge the gap, democratize wealth management, and foster financial inclusion across India.
Prime Minister Narendra Modi will release the 21st installment of the PM Kisan scheme on November 19, 2025, in Coimbatore, Tamil Nadu. Eligible farmers will receive Rs 2,000 via DBT, but eKYC is mandatory. Farmers can complete it via OTP, biometric at CSCs, or through face-authentication on the PM-Kisan mobile app.
Top 5 flexi-cap mutual funds with maximum mid and smallcap exposure. Check details
These top 5 flexi cap mutual funds Motilal Oswal Focused, LIC MF Focused, LIC MF Flexi Cap, Capitalmind Flexi Cap, and Old Bridge Focused stand out for their aggressive tilt, with over 50% combined exposure to mid and small cap equities as of August 2025.
Kotak Mutual Fund: Eternal and RIL among top 10 stock holdings in October
Kotak Mutual Fund, managing an AUM of Rs 5.83 lakh crore as of October 2025, revealed notable shifts in its top stock holdings. The fund house trimmed weights across major positions, including HDFC Bank, ICICI Bank, SBI, Eternal, RIL, Bharti Airtel, Axis Bank and Infosys, while allocations in BEL and Maruti Suzuki remained unchanged.
Axis Mutual Fund launches industry-first micro-investment feature for new investors
Axis Mutual Fund introduces a new micro-investment feature. First-time investors can now start mutual fund investments with just Rs 100 per scheme. This initiative aims to make financial literacy practical. Investors can explore schemes, diversify portfolios, and learn about investing fundamentals. The feature is accessible, educational, and empowering for new investors.
Silver ETFs and FoFs have outperformed physical silver over recent years, supported by strong fund management, rising industrial demand, and investor confidence. Emkay Wealth sees tactical opportunities despite volatility, advising short-term allocations with clear exit targets.
HDFC Mutual Fund: RIL and Paytm among stocks bought and sold in October
HDFC Mutual Fund made significant portfolio adjustments in October. The fund house boosted its stake in nearly 201 companies, featuring RIL and Eternal. Simultaneously, it reduced holdings in 379 stocks, including Paytm and Ola Electric Mobility. HDFC Mutual Fund also introduced 11 new stocks and exited three completely. This strategic reshuffling reflects evolving market dynamics and investment priorities.
7 mutual funds trim stakes in 21 smallcap stocks in October
UIDAI Aadhaar Card Update: Residents are reminded to link their PAN and Aadhaar by December 31, 2025. The Unique Identification Authority of India (UIDAI) provides online methods for updating Aadhaar details and downloading e-Aadhaar. Linking PAN with Aadhaar can be completed through the Income Tax portal, with a potential fee applicable.
Ascertis Credit raises $520 million in record first close of Fund IV
The fund, which targets a total raise of $1 billion, attracted a diverse group of institutional investors, family offices and high-net-worth individuals from both global and domestic markets
5 best performing India-focused offshore equity funds and ETFs in 1 year. Check details
5 best performing India-focused offshore equity funds and ETFs in 1 year. Check details
Stop checking your portfolio daily: Why it hurts your returns
Govt to notify new ITR forms, Income Tax Act 2025 rules by January 2026: CBDT chief
New Income Tax Return forms and rules will be notified by January. These changes will be effective from April 1, 2026, replacing the old Income Tax Act of 1961. The Income Tax Department aims for simple and easy-to-comply forms. Tax refunds are expected by December. Taxpayers can check refund status online.
NFO Alert: Capitalmind Mutual Fund launches Capitalmind Liquid Fund
Capitalmind Mutual Fund has launched the Capitalmind Liquid Fund. This new open-ended liquid scheme offers low interest rate and credit risk. It is designed for corporates, HNIs, and retail investors seeking high liquidity and low volatility. The fund aims to generate regular income by investing in short-term debt and money market instruments. The NFO is open until November 21.
After a relentless 14-year fight for justice, parents have achieved a landmark victory against Indian Railways. The Madhya Pradesh High Court has ordered the Railways to pay a compensation of Rs 8 lakh for the death of their son, Gurmeet Singh, who fell from an overcrowded train filled with ticketless passengers.
The Odisha High Court has made a significant statement regarding financial security for retirees. In ruling that a bank is prohibited from deducting pension amounts from a joint account to settle a loan delinquency attributed to a single account holder, the court directed State Bank of India to gibve back Rs 5 lakh to Mr. Mallick, a pensioner.
Sovereign Gold Bond premature redemption: The Reserve Bank of India (RBI) has announced the premature redemption price for Sovereign Gold Bonds (SGB 2020-21 Series-VIII-issue. The maturity period of sovereign gold bonds (SGBs) is eight years. However, the premature redemption of SGBs is permitted only after the fifth year from the date of their issue.
SBI and PPFAS Mutual Fund among 5 fund houses with cash allocation over Rs 10,000 crore in October
Mutual funds raised their cash holdings to over Rs 2.09 lakh crore in October, with cash levels at 4.94% of total AUM. PPFAS held the highest cash proportion, followed by The Wealth Company. ICICI Prudential topped absolute cash levels, while JioBlackRock reported modest allocations as a new entrant.
Quant Mid Cap Fund adjusted its holdings in October. The fund reduced its stake in Reliance Industries. It also increased its investment in Oracle Financial Services Software. The fund exited positions in Canara Bank, Biocon, and Indus Towers. Godrej Properties was added as a new investment. Several other stock exposures remained unchanged.
Do I need to do mutation of my late fathers leased shop with my mother as co-owner?
ET Wealth Reader's Query: My father passed away recently, leaving behind a shop which is on a lease and license (L&L) agreement and my mother as a co-owner. Do I need to apply for mutation of this commercial property or can we continue with the current ownership structure?
US probes telecom companies that borrowed from BlackRocks HPS
The US Attorneys Office in Brooklyn, New York, is scrutinizing at least two companies, Broadband Telecom and Bridgevoice, and their owner, Bankim Brahmbhatt
The risk/reward ratio does not favour fresh short positions
Retired at 50 with Rs 1.50 lakh expenses - Will Rs 4.25 crore MF and equity corpus last lifetime?
A 50-year-old retiree with Rs 1.5 lakh monthly expenses faces a crucial question about their Rs 4.25 crore mutual fund and equity corpus. Experts suggest a 9.5% annualised post-tax return is needed. To ensure longevity, a gradual shift from equity to debt is advised. A balanced portfolio includes 35-65% equity, 12-15% gold, and the rest in debt.
Mukhyamantri Majhi Ladki BahinYojana e-KYC deadline: This scheme aims to empower women aged 21 to 65 years by ensuring financial independence, improving their health and nutrition, and strengthening their decision-making role within the family. Under the programme, each eligible woman receives Rs 1,500 per month through DBT.
Adani Ent Share Price Live Updates: Adani Enterprises posts significant gains
7th Pay Commission DA Hike 2025: Central government employees can expect Dearness Allowance and other key allowances to continue rising until the 8th Pay Commission's recommendations are implemented. Arrears will be paid from January 1, 2026. DA is projected to reach 67% by then.
Mahamaya Lifesciences IPO listing today. Check GMP ahead of debut
Mahamaya Lifesciences debuts on BSE SME today with a flat grey market sentiment, indicating no listing premium over its issue price. The Rs 70.44 crore IPO saw modest subscription, with NIIs leading the interest. The company, a manufacturer of pesticide formulations and crop protection products, aims to utilize IPO proceeds for expansion and working capital.
Positive Breakout: These 10 stocks cross above their 200 DMAs
10 stocks closing prices crossed above their 200 DMA (Daily Moving Averages) on November 17,
Existing policyholders going for higher sum assured after GST exemption, says Star Health CFO
Existing policyholders are going for higher sum assured because the paying capacity is still the same
Primary drivers of financing must increasingly come from within: Anantha Nageswaran
CEA cautioned that external financing alone will be insufficient to meet the scale of the countrys development ambitions
South Indian Bank launches SIB Her Account for women
The SIB HER Account is available to women between the ages of 18 and 54 years
ITR refund not credited yet? Here's how much interest you may be owed
Waiting months for your income tax refund? The government may owe you interest. Learn when you qualify for this interest, common reasons behind refund delays, and the steps you can take to expedite your pending ITR refund.
Life certificate: 6 simple steps to submit digital life certificate using face authentication
Jeevan Pramman Patra: Senior citizens aged 60-80 can submit their digital life certificates until November 30, 2025, to ensure uninterrupted pension payments. This biometric-enabled Aadhaar-based certificate, Jeevan Pramaan Patra, can be generated online via face authentication or offline at banks and CSCs, simplifying the process for pensioners.
SBI lending rates: Has State Bank of India lowered its MCLR rates for home loans and personal loans?
Indian insurers ask banks to allow government bonds as collateral for derivative trades
While insurers argue that posting bondsan asset they hold in abundancewould ease funding pressures, banks are concerned about valuing such collateral during falling markets.
PM Kisan 21st instalment date: When will beneficiaries receive the next instalment?
Gainers & Losers: Groww, Pine Labs & 4 more stocks hog limelight on Monday
Six major stocks were in focus on Monday as benchmark indices extended their winning streak for the fifth consecutive session. Strong action was seen in financials and autos, while individual stocks such as Groww, Narayana Hrudayalaya, and IRB Infrastructure posted notable gains.
Looking for top 3-year SWPs? 5 conservative hybrid mutual funds to consider
Five conservative hybrid mutual funds delivered strong three-year SWP returns above 10%, led by SBI Magnum Childrens Benefit Fund at roughly 12.8%. ABSL Conservative Hybrid Active FoF and Parag Parikh Conservative Hybrid Fund followed with returns above 11%.
HDFC Mutual Fund: RIL, SBI and HDFC Bank among to 10 stock holdings in October
HDFC Mutual Fund, managing assets of Rs 9.35 lakh crore as of October 2025, revealed its top 10 stock holdings for the month. HDFC Bank remained its largest position, while notable changes included increased exposure to RIL and SBI, and reduced holdings in Axis Bank and Bharti Airtel. Weightages for several key stocks such as Infosys and Kotak Mahindra Bank remained unchanged.
Mutual Funds pump Rs 13,000 crore into 10 IPOs in October. Check who took the biggest slice?
Mutual funds poured over Rs 13,500 crore into 10 October IPOs, with LG Electronics India, Tata Capital and Canara HSBC Life emerging as the top picks.
Godrej Housing Finance opens Punes first all-women affordable housing branch
The new branch is fully staffed and operated by 10 women professionals across sales, credit, and operations
Master Capital Services receives SEBIs in-principle approval for mutual fund sponsorship
Master Capital Services, a subsidiary of Master Trust, has received in-principle approval from SEBI to sponsor a mutual fund. This allows the company to proceed with forming an Asset Management Company and launching various equity, hybrid, and multi-asset schemes. The move aligns with India's growing mutual fund industry and Master Trust's goal of expanding access to managed investment products.
Want to transfer your assets? Here are 5 tools for a smooth inheritance
Helios Mid Cap Fund increases stake in Paytm, Swiggy and 39 other stocks in October
Helios Mid Cap Fund adjusted its portfolio in October. The fund added shares of Paytm, Swiggy, and IDFC First Bank. It also increased holdings in GMR Airports, Jain Resource Recycling, ITC Hotels, Lemon Tree Hotels, and NBCC India. The fund exited Niva Bupa Health Insurance Company. Tips Music and LG Electronics India were new additions.
8th pay commission pensioners: Central government's 8th Pay Commission terms of reference have drawn criticism from retired employee bodies like AIDEF. They are demanding the inclusion of pension revision for existing pensioners and family pensioners, along with the restoration of the Old Pension Scheme, citing the 7th CPC's broader scope.
The Mukhyamantri Majhi Ladki Bahin Yojana in Maharashtra requires eligible women to complete e-KYC verification. This process is mandatory for receiving the Rs 1,500 monthly benefit. Beneficiaries must complete this by November 18, 2025. The verification uses Aadhaar authentication for transparency and direct benefit transfer. Simple steps are provided on the scheme's portal for completion.
Equity mutual funds or flexi-caps? 11 things to know about where investors are moving
8 AMCs saw over Rs 20,000 crore AUM growth in October. Check details
Eight major AMCsincluding SBI, ICICI Prudential, HDFC and Nippon Indiaeach saw over Rs 20,000 crore AUM growth in October, driven by strong inflows across categories.
The worlds 10 richest and most lavish cities to live, dine, and shop in
7 mutual funds trim their exposure in 19 stocks in October
A senior citizen successfully appealed to the ITAT Bangalore, securing partial relief in a tax dispute over the sale of a Bengaluru property. The tribunal allowed a significant portion of his claimed acquisition and improvement costs, overturning the tax officer's disallowance of Rs 11.35 lakh for construction expenses and partially allowing Rs 20.23 lakh for improvements, while disallowing travel expenses.
Flexi-cap mutual funds are the top choice for investors for the third consecutive month. October saw significant inflows, indicating a preference for adaptable investment categories. Experts highlight the flexibility offered by these funds, allowing managers to navigate market shifts. This category provides stability with growth potential, making it a core portfolio component for informed investors.
Hong Kong company shows interest to buy 25% in Pro Fin Capital Services for 22 cr
The proposal is at an exploratory stage, and any further material development will be duly intimated to the Stock Exchange in compliance with applicable regulations
Central government employees under the National Pension System (NPS) now have clarified eligibility for gratuity and death gratuity. Gratuity is payable upon completing five years of qualifying service and retiring under specific circumstances. Resignation generally forfeits past service and gratuity, with exceptions for technical resignations or absorption into government-controlled entities.
RBI's share in outstanding govt securities rises, bond yields likely to stay rangebound: SBI Report
The report mentioned that the RBI's holding increased to 14.2% in June 2025, compared with 11.9% in June 2024, and 10.6% in December 2025
Dream wedding on a budget? Why smaller cities shine
The grand Indian destination wedding is now within reach for many. Previously exclusive to the elite, these celebrations are moving to more affordable locations. Families are opting for 3- and 4-star resorts in tier 2 cities, making dream weddings a reality. This trend is fueled by cost savings and increased convenience, with many high-profile weddings now taking place within India.
Destination wedding? Heres why insurance is non-negotiable
Indian weddings are becoming grand, making wedding insurance a prudent choice to cover unforeseen risks. Policies, offered under event insurance, are customisable and affordable, covering event cancellations due to natural calamities, fire, theft, vendor no-shows, and accidents. Destination weddings are also covered, with premiums typically ranging from 0.2-2% of the sum insured.
Foreign weddings: What marrying at top 5 destinations costs
International destination weddings are seeing a shift. While some places are becoming less popular, Thailand, the UAE, Maldives, Spain, and Italy remain sought-after. Thailand offers affordability, while the Maldives is the most expensive. The Middle East, particularly Dubai, is rapidly gaining traction. Costs vary significantly across these locations, impacting couples' choices for their special day.
Wedding gifts are tax-exempt? Heres the catch
Wedding gifts are a fantastic way to start your new life without the worry of taxes hanging over your head! You can receive gifts in any form, and as long as they're given on your wedding day, they're tax-exempteven from your broader circle. Of course, dont forget to document everything; it's vital to validate these gifts' sources.
How consistent asset allocation beats market timing
Markets, like life, are dynamic and unpredictable. Each asset class has its rhythm: equities thrive on optimism, bonds on caution, gold on fear. The disciplined allocator doesnt try to forecast which emotion will dominate next. Instead, they construct a portfolio that benefits from whichever asset the market is benevolent to.
Why global ETFs trade at high premiums in India
Indian investors face a challenge accessing global stocks. Regulatory limits on mutual funds have dried up usual channels. Investors are now flocking to overseas Exchange Traded Funds traded locally. However, these ETFs are trading at significant premiums to their actual value. This overpayment risks capital loss even if underlying assets perform well. Experts advise caution against this inflated pricing.
Beat year-end surge pricing: Use 6 smart travel moves
Dreaming of an unforgettable holiday escape? You dont have to break the bank! Start your planning well in advance to secure the best flight and hotel deals. Leverage those accumulated credit card rewards and champion loyalty programmes for great discounts. Look into budget-friendly gems like Vietnam, Malaysia, and Turkey for an enriching experience.
Why SEBI rules for cap limits need revision
While markets have expanded rapidly and this has altered the universe of large-, mid, and small-cap stocks, the predefined buckets have remained static, creating a distortion of sorts. A revisit of market cap-based bucketing of stocks will help tackle the situation.
Indians' well-being up, but not at pre-COVID levels
The well-being of Indians, quantified across six broad categories, has plateaued over the past four years and has not reached the pre-Covid levels, reveals the annual wellness survey by ICICI Lombard.
Why concentrated portfolio can hurt your wealth
Diversification is truly a free lunch in wealth management. Holding a range of assets, and balancing physical and financial assets, can help manage the risks optimally. The temptation to concentrate ones wealth is high, especially when the ability to control the use of asset comes with it.
10-year performance guide: Best asset every year
Welcome to TrendMap, your quick guide to the performance of different investment segments. In this edition, we present a 10-year performance tracker of various asset classes. By Sameer Bhardwaj.
8 key credit card terms to know before you swipe
If you are confused by personal finance terms, jargon and calculations, heres a series to simplify and deconstruct these for you. In the 77th part of this series, Riju Mehta lists the terms that will help explain the usage of a credit card.
While markets have expanded rapidly and this has altered the universe of large-, mid, and small-cap stocks, the predefined buckets have remained static, creating a distortion of sorts. A revisit of market cap-based bucketing of stocks will help tackle the situation.
Indian investors face a challenge accessing global stocks. Regulatory limits on mutual funds have dried up usual channels. Investors are now flocking to overseas Exchange Traded Funds traded locally. However, these ETFs are trading at significant premiums to their actual value. This overpayment risks capital loss even if underlying assets perform well. Experts advise caution against this inflated pricing.
Majority of Indians pay for contents online, gaming dominates premium wallet share: Lumikai
A Lumikai survey reveals a majority of Indians now pay for online content, with gaming dominating spending over Rs 1,000. The study of 3,000 mobile users found 80% use UPI for payments and 40% have multiple subscriptions, indicating a young, data-hungry, and willing-to-pay digital audience. Gaming commands a significant 49% attention share, with women and non-metro users driving its growth.
Number of policies sold: LIC confident of recouping lost ground
LIC Chief said that customers wanted to avail of the benefits of the new GST structure, which came into effect on September 22. This, he said, also resulted in a pause in policy buying in September.
7 mutual funds trim their exposure in 20 midcap stocks in October
Seven major mutual funds reduced their holdings in around 20 midcap stocks during October as part of routine portfolio adjustments, with each fund trimming exposure to three selected companies.
Mirae Asset Mutual Fund: RIL, TCS, and ITC among top 10 stock holdings in October
Mirae Asset Mutual Fund, managing Rs 2.27 lakh crore across 86 schemes, maintained diversified blue-chip exposure in October. HDFC Bank remained its largest holding, while selective adjustments were made across ICICI Bank, Axis Bank, ITC, Infosys, RIL, SBI, TCS, L&T, and Bharti Airtel, reflecting incremental portfolio rebalancing across key financial and technology names.
Ramco Systems among top 7 unique stocks held by mutual funds in October
In October, seven unique stocks valued above Rs 100 crore were identified, each held exclusively by a single fund house, highlighting selective conviction among mutual fund managers.
I sold equities with capital gains of Rs 25 lakh, can I save tax by reinvesting it in property?
ET Wealth Reader's Query: I earned Rs 25 lakh in capital gains from equities and mutual funds in 202425 and paid the tax. Can I now revise my ITR to claim a refund since I'm buying my first home?
NFOs: 5 mutual funds and 1 SIF will open for subscription this week. Check details
Six new investment products, including five mutual funds and one SIF, open for subscription this week across categories such as multi-asset, liquid, arbitrage, infrastructure and hybrid long-short. The launches expand fund houses offerings, with subscription windows running from 17 November to 5 December.
Karnataka Bank appoints Raghavendra Bhat as MD & CEO
It is to be noted here that the board had accepted the resignation of Srikrishan Hari Hara Sarma as MD and CEO on June 29
PM Kisan 21st installment date announced: How farmers can do eKYC to receive Rs 2,000 benefit
Farmers eagerly await the 21st installment of the PM Kisan scheme. Eligible beneficiaries will receive Rs 2,000 on November 19, 2025. Land details, Aadhaar-seeded bank accounts, and eKYC are mandatory. Farmers can complete eKYC via OTP, biometrics, or face authentication. The PM Kisan portal and Kisan-eMitra offer support in regional languages.
SBI Mutual Fund: RIL and ITC among top 10 holdings in October
SBI Mutual Fund, managing 12.6 lakh crore across 125 schemes, maintained top holdings in HDFC Bank, RIL, ICICI Bank and others, with selective buying and selling shaping portfolio weights in October.
4 SIFs mobilise Rs 1,775 crore in October; QSIF Equity Long-Short Fund alone raises Rs 265 crore
Four new SIFs debuted in October, raising 2,004 crore. Quant and other fund houses launched equity and hybrid long-short strategies, expanding options for affluent investors seeking flexibility and diversification under regulatory oversight.
Digital life certificate rejected? Why it happens and how pensioners can fix it?
Pensioners can now submit their digital life certificates (DLC) to avoid physically visiting banks. If your DLC is rejected, it's likely due to incorrect details like PPO numbers or biometric mismatches. Contact your Pension Disbursing Agency and generate a new certificate with accurate information and clear biometrics.
Where are mutual funds placing their bets? A look at Octobers sectoral trends
Mutual funds increased exposure to technology, PSU banks, telecom, oil & gas and consumer durables, while autos, utilities, cement and chemicals saw reduced weightings as sector preferences shifted alongside changes in value and ownership patterns.
