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Best mid cap mutual funds to invest in July 2026
Mid-cap mutual funds have seen a strong rally, leading to investor anxiety about current valuations. While these companies offer potential for future growth, they also carry significant risks, including corporate governance issues. Investors with high risk tolerance and a long-term horizon (7-10 years) are advised to proceed with caution, focusing on regular investments rather than quick gains. Several mid-cap funds are highlighted for their recent performance.
Indian banks slash short-term debt sales on cheaper forex funding
Indian banks are significantly reducing their reliance on short-term debt sales, known as certificates of deposit (CDs). This shift is driven by the Reserve Bank of India's initiative to attract foreign-currency deposits, offering a cheaper and more stable funding alternative. Lenders anticipate this trend to continue, impacting CD rates and strengthening their balance sheets with more durable capital.
Bank holiday today: Are banks open or closed today (Monday, July 6, 2026) in your state?
Bank holiday today: Banks will remain closed in select states on July 6, due to regional observances, while they will function as usual in the rest of the country. Here's a look at where banks are closed today and the reason behind the holidays.
Home loan trap: Is it ruling your life?
Many Indians stretch finances for dream homes, but hefty home loans lead to years of uncomfortable choices. Borrowers face lifestyle compression, career stagnation, and deferred savings, impacting family life and personal well-being. Experts urge homebuyers to prioritize true affordability over aspirations, stressing that a loan should enhance life, not dictate it, by considering future uncertainties and maintaining financial flexibility.
NRI tax filing: Avoid these costly ITR mistakes
Miscounted days in India, missed NRO interest and TDS mismatches can invite notices from a data-savvy tax department.
Too much riding on one AI stock? Diversify now
With tech employees holding up to 80% of their net worth in a single stock, advisers say not selling is a real danger.
Should children pay rent to parents? US vs India
In the United States, those graduating in the 21st century especially have been seeking to return to the homes of their boomer parents. In India, in contrast, living with parents has remained a default option for young adults until they get married or move to another city for a joban arrangement that isendorsed by tradition.
Can the Jio IPO power the next telecom rally?
Strong revenue growth, rising data demand and a landmark Jio IPO signal a favourable sector outlook.
Why tax should never drive investment decisions
An investment must first stand up as an investment, and be a tax-saver only by accident. However, this problem has now solved itself. The new tax regime, now the default and chosen by close to three in four taxpayers, has done away with such deductions. Where there is no Section 80C to chase, there is no reason to go shopping for the bad product in March.
11 property documents every homebuyer must check
If you are confused by personal finance terms, jargon and calculations, heres a series to simplify and deconstruct these for you. In the 110th part of this series, Riju Mehta lists the legal certificates that are crucial for home ownership.
Alpha and value factors lead markets in 2026
Welcome to TrendMap, your guide to the performance of different investment segments. In this edition, we present a 10-year performance tracker of various factor-based investment strategies. The annual returns are ranked for 6 key NSE Factor indices, with a broad-based index, Nifty 500, thrown in for comparison. This map shows that no single-factor strategy consistently outperforms, making a strong case for diversification. By Sameer Bhardwaj.
Rise in dollar inflows may put additional pressure on Gold prices
Strong NRI interest in FCNR(B) deposits could bolster the rupee and keep domestic gold prices under check, say analysts
IIFCL mobilises 1,848 cr via bonds, strengthens resource base for infra financing
In line with the policy framework of the government and the Reserve Bank of India, IIFCL said it is also evaluating opportunities to raise funds through ECBs
PSU banks begin FY27 with strong loan growth; deposits trail
Retail, agriculture and MSME (RAM) loans continued to drive credit expansion across lenders
6 mutual fund NFOs to open for subscription this week. Check dates and key details
Investors have a busy week ahead with six new mutual funds launching. Mirae Asset, NJ Mutual Fund, Edelweiss, and AlphaGrep are introducing a mix of passive and actively managed schemes. These new offerings aim to broaden investment choices, with subscription periods starting as early as July 6th and minimum investments as low as Rs 500. Explore these new avenues for your portfolio.
Pvt sector banks log robust growth in deposits and advances in Q1FY27
The private sector banks deposits rose 14.7% year-on-year, while gross advances increased by 15.4%
Quant Mutual Fund expects Indian equities to consolidate after the recent rally but believes micro-, small- and mid-cap stocks will drive alpha. It remains bullish on energy, infrastructure, select financials, telecom and pharma while advocating active portfolio management over passive investing.
FD rate up to 8.3% for senior citizens investing for three years; Know list of banks
Senior citizens can now secure fixed deposit interest rates up to 8.3% for a three-year term with select small finance banks, offering a lucrative opportunity for savings. While deposits are insured up to Rs 5 lakh, experts advise caution. TDS is deducted if FD interest exceeds Rs 1 lakh annually, but eligible individuals can avoid this by submitting Form 15H.
11 equity mutual funds deliver over 25% in 3 months. Do you own any?
Eleven equity mutual funds generated over 25% returns in the past three months, led by small-cap schemes. JM Small Cap Fund topped the list with a 35.02% gain. Experts advise investors to prioritise risk profile and goals over past performance.
Despite recent underperformance, experts continue recommending Parag Parikh Flexi Cap Fund for its consistent long-term, risk-adjusted returns and disciplined large-cap bias. They advise investors to evaluate funds over complete market cycles instead of chasing short-term performance or recent category leaders.
Looking for the best mutual funds to invest in? Check top 10 picks for July 2026
Choosing mutual funds solely on past returns can be misleading. ETMutualFunds shortlisted 10 funds across five equity categories using rolling returns, consistency, downside risk, outperformance and asset size, helping investors align investments with their goals, risk appetite and time horizon.
A Delhi landlord, busy caring for his ailing father, missed the deadline to e-verify his income tax return, leading to a denied Rs 17 lakh refund. The Income Tax Appellate Tribunal (ITAT) Delhi intervened, ruling that withholding the refund on a technicality would amount to unjust enrichment. The tribunal emphasized that tax can only be collected by law, allowing the landlord to claim his rightful refund.
Husband worked in Oman and could not talk with late wife; Wife committed suicide by saying refusal to speak to her over the phone caused her severe mental distress; Indian Trial Court convicts him for cruelty under Section 498A and 304B for dowry death and sentences 3 years jail with Rs 10,000 fine; Supreme Court gives him relief from jail by cancelling all the criminal charges
Gold prices have seen a notable recovery this week, with both gold and silver rates climbing according to the India Bullion and Jewellers Association (IBJA). This upward trend follows a dip experienced last week. 22k gold jewellery rates at leading brands such as Tanishq, Malabar Gold & Diamonds, Kalyan Jewellers and Joyalukkas also rose.
Gold down 5.6%, silver 10.8% in a month: Should you buy the dip or wait? Experts answer
Gold and silver prices have seen a significant dip on the MCX, prompting questions for investors. Experts attribute the fall to a strong dollar, potential Fed rate hikes, and profit-booking. While a recovery is possible with macro triggers, analysts suggest a cautious approach. New investors might find opportunities to accumulate, while existing holders are advised to view this as a consolidation phase, potentially rebalancing their portfolios.
Saturday bank holiday: Are banks open or closed today on July 4, 2026?
Navigating bank operations on Saturdays can be tricky due to varying regional holidays. Remember, banks observe closures on Sundays and the second/fourth Saturdays, but remain open on others unless a specific holiday is declared. While digital banking offers convenience, certain essential services still necessitate a branch visit.
Forgotten FDs, shares or insurance? Heres how to recover unclaimed financial assets
Years of diligent wealth building can be lost to forgotten investments. Life's changes often lead to unclaimed bank deposits, insurance, shares, and mutual funds. Fortunately, the government's Unclaimed Assets Portal offers a single search point. While it helps locate these assets, remember it's a search tool, not a claim settlement system. Recovering your money requires a separate process with the relevant institution, even if funds were transferred to government-managed accounts.
CAMS Investor Services receives approval from IFSCA Gift City
Subsidiary of CAMS to tap global markets with new KYC registration agency
Truhome Finance sees Govt policy to push demand for affordable housing finance
Truhome Finance registered the second highest disbursement of 7,130 crore and 6,382 crore between FY25 and FY23
Wealth Company appoints Kulkarni as Managing Director
Veteran with Merrill Lynch and Julius Baer experience to drive product strategy and innovation
The Latest Fixed Deposit Interest Rates: Jun 26, 2026
The Latest Fixed Deposit Interest Rates: Jun 26, 2026
Bank holidays July 2026: State-wise list of closures
Bank branches will observe a relatively light closure schedule in July, with the holiday calendar largely shaped by regional observances in northeastern and border states
Artha Bharat launches GIFT Citys first physical gold fund with option of gold bar redemption
The launch is also positioned as a potential catalyst for the India International Bullion Exchange
The Wealth Company Asset Management announces appointment of Unmesh Kulkarni as managing director
The Wealth Company Asset Management, part of Pantomath Group, has appointed Unmesh Kulkarni as its Managing Director. With 29 years of experience in wealth management and capital markets, Kulkarni previously co-founded Merrill Lynch and Julius Baer's wealth management arms in India.
ITR filing 2026: Made foreign investments? Follow this checklist to avoid tax scrutiny
Paytm's European arm secures payment institution licence in Luxembourg
Paytm's European arm, Paytm Europe Payments, has secured a crucial payment institution license from Luxembourg's financial regulator, effective July 2, 2026. This approval allows the company to offer a range of payment services, including fund transfers and credit line-backed transactions. The move follows a significant investment by its parent company, One 97 Communications, to bolster the European entity's capital and support its business expansion.
Certificates of deposit issuances rise 38% in June amid tight liquidity, credit offtake
When compared to the preceding May, the CD issuances jumped 61.79%
Delhi High Court ruled that tenants overstaying their lease must pay increased rent as per the agreement, even if they temporarily requested more time to vacate. The court emphasized that continued possession triggers the rent escalation clause automatically. This applies even to unregistered lease deeds, as the obligation matures upon expiry of the initial term. Landlords can pursue legal action for unpaid rent and eviction.
The EPFO's unified member portal is now live after an upgrade, bringing a new look and significant changes. Key services like UAN activation and direct allotment have moved to the UMANG app, utilizing Aadhaar-based Face Authentication. While UAN retrieval is simplified on the portal, death claim filing remains accessible. This update aims for faster, more secure services for all users.
Following his tryst with debt, the man recovered and developed his own theory for financial freedom, in which he stresses on incrementally building savings and paying off debts in a systematic way. Ramsey has also made this into a formalized series of 7 Baby Steps. He strongly advocates that if one can regulate the person in their mirror (themselves), they would win with money.
Eleven equity mutual funds turned investors lumpsum investments into more than four times their original value over the past seven years, led by small-cap schemes. Quant Small Cap Fund topped the list, while mid-cap, flexi-cap and ELSS funds also delivered strong long-term wealth creation, according to ETMutualFunds' analysis.
8th Pay Commission extends key data submission deadline to July 31; here's why it matters
8th Pay Commission latest news: The 8th Pay Commission has extended the deadline for submitting crucial employee data to July 31, 2026, citing difficulties faced by various government bodies. This vital information, including sanctioned strength, personnel numbers, and attrition metrics, must be uploaded exclusively through the commission's online portal. The commission is also holding stakeholder meetings across India, with upcoming sessions in Bhubaneswar and Kolkata to gather input on pay, pensions, and working conditions.
22k gold rate: Gold prices are under scrutiny as buyers track daily fluctuations. Today, July 3, 2026, shoppers planning to purchase gold jewellery should compare rates across leading jewellers like Tanishq, Malabar Gold & Diamonds, Kalyan Jewellers, and Joyalukkas, as prices vary.
ICICI Bank mulls first benchmark dollar bond sale since 2017
The bank could raise at least $500 million in offshore bonds
Which is the best Nifty-based index fund to buy basis expense ratio and tracking error?
Choosing the best Nifty-based index fund involves more than just a low expense ratio. Experts emphasize that tracking error, which measures how closely a fund mirrors its benchmark, is crucial for long-term returns. While low costs are attractive, consistent replication accuracy, indicated by low tracking error, often proves more vital for passive investors aiming to capture market performance effectively.
Cashless health insurance claim rejected? You may still get your claim settled; heres how
Cashless health insurance claims are often rejected due to documentation or procedural issues, not outright denial. Understanding the reasons, like network hospital discrepancies or incomplete paperwork, is crucial. If rejected, policyholders can opt for reimbursement, but prompt follow-up with the insurer and proper documentation are key to resolving issues and ensuring claims are settled.
Living past 85: 7 reasons your retirement plan needs a rethink
IIFL Finance raises $300 million via social debt issue
The non-banking finance company will offer a yield of 7.75% to investors, slightly below the initial price guidance at about 7.85%, sources said
Crypto should not be legalised in India: RBI tells Parliamentary Panel
The Central Bank tells Par panel that virtual digital assets like cryptocurrency a threat to economy
PNB clocks 13% loan growth in Q1, Bank of India 19%
State-run lenders PNB and Bank of India reported robust credit growth in the June quarter, while ESAF Small Finance Bank and Tamilnad Mercantile Bank also posted strong gains in advances and deposits.
Rethinking wealth creation: Why a 70:30 portfolio is gaining traction
Investors seeking a balanced approach to wealth creation are increasingly favoring portfolios that blend equities with debt. A recent study highlights that a 70% equity, 30% debt mix, with strategic rebalancing, yielded impressive returns with significantly lower volatility compared to an all-equity index. This strategy helps investors remain invested through market ups and downs, offering a more stable investment journey.
Updated scale-based regulations for NBFCs: Tata Sons may be required to list
No material change in RBIs NBFC norms; revised directions merely clarify public funds definition
Bank of Baroda reports 15% increase in global business
Domestic deposits up 14.74%, advances rise 16.14% with strong retail growth
JioBlackRock to offer full MF bouquet in 3 years; plans more SIFs, ETFs, GIFT City products
Jio BlackRock is set to significantly expand its mutual fund offerings over the next three years, venturing into more specialized investment funds (SIFs), ETFs, and offshore products via GIFT City. Following the launch of its Prism Hybrid Long-Short fund, the company plans another SIF in the equity long-short category soon. ETFs are also on the horizon, promising wider access to global investment strategies for Indian investors.
AI to drive reskilling in IT sector but job loss fears misplaced: Axis Bank chief economist
Neelkanth Mishra sees services exports growing strongly despite AI shifts in industry structure
India emerges as worlds most tokenised market for online card payments: Visa
Over 900 million tokens in circulation as country enters new phase of trust and security in digital payments
e-OCI card launched: How OCI cardholder can generate and download electronic-OCI card
8th Pay Commission salary calculator: Central government employee unions are pushing for significant changes in the 8th Pay Commission, demanding higher family unit counts, increased House Rent Allowance (HRA) and Transport Allowance (TPTA), and the merger of Dearness Allowance (DA) with basic pay. These bodies argue current provisions are insufficient for low-level employees, especially in major cities.
PBPartners ropes in 5 lakh partners in 5 years
The number of cities covered has grown to 703, up from 167 over the past five years
BoB settles case with NMC Health for $600 million
All claims, causes of action, etc. between them have been resolved without admission of liability or wrongdoing
How traders are choosing FTMO alternatives that match their trading style
Traders are increasingly exploring FTMO alternatives as prop trading firms proliferate. These firms offer diverse evaluation systems, trading rules, and payout structures, catering to individual risk appetites and trading styles. Understanding how these models align with your strategy, rather than just brand recognition, is crucial for success in the funded trading space.
Manoranjan Pandey, who lost his life in the tragic accident in 2018, was the sole breadwinner of his family, according to the 2019 appeal filed in the Behrampur Motor Accident Claims Tribunal, and was running his own construction business and earning Rs 15 lakh per annum. Based on this, the claimant-appellants had sought a compensation to the tune of Rs 2.25 crore.
Made less than Rs 1.25 lakh LTCG from equities this year, do you need to file ITR?
Even if your long-term capital gains from stocks are under Rs 1.25 lakh, you must still file your Income Tax Return for AY 2026-27. While this amount is tax-exempt, the Income Tax Department requires you to report these gains. Failure to disclose can lead to issues. Learn how to correctly report these gains in your ITR.
ADB approves $182.89 million loan to boost Karnataka's public schools, establish 500 clusters
The ADB bank has approved a loan to establish 500 integrated public school clusters in Karnataka, providing education from pre-primary to secondary levels
PPF interest rate: The Finance Ministry has maintained the Public Provident Fund (PPF) interest rate at 7.10% for the July-September 2026 quarter, keeping it unchanged from the previous period.
Top 10 equity mutual funds deliver over 25% returns in 2026. Do you own any in your portfolio?
Ten equity mutual funds delivered over 25% returns in 2026 so far, led by Nippon India Taiwan Equity Fund with 102%, driven by international, emerging markets and technology themes.
The Supreme Court has upheld a husband's Will, which disinherited his wife and children from certain properties, favouring his sister. The court ruled that excluding legal heirs does not automatically make a Will suspicious, especially when the testator stated he had already provided sufficiently for his family. This decision reinforces that a Will's validity hinges on its proper execution and the testator's clear intent, not solely on inheritance patterns.
New fund offer: 8 mutual funds and 2 SIFs are now open for subscription. Check details
Around eight mutual funds and two specialised investment funds (SIFs) are currently open for subscription across categories including hybrid, index, multi-asset, overnight and life cycle funds. Offerings from Zerodha, ICICI Prudential, Invesco, JioBlackRock, JM, Tata, HDFC and Choice are accepting investments before their respective closing dates.
RBI's concessional swap facility to boost financial institutions' overseas borrowing: S&P
The Reserve Bank of India's new concessional forex swap facility is set to significantly lower borrowing costs for government-owned financial institutions, encouraging them to increase external borrowings. This move aims to attract foreign capital, bolster reserves, and support the rupee. S&P Global Ratings highlights that these government-linked entities, crucial for strategic sectors, will benefit from cheaper funding and enhanced financial flexibility, potentially driving economic growth.
NFO Alert: Invesco Mutual Fund launches equity long-short fund under its SIF platform Summit
Invesco Mutual Fund has launched Summit SIF, an equity long-short fund offering both long and limited short exposure via derivatives. The NFO closes on July 16 and targets alpha generation through dynamic strategies combining stock selection and tactical shorts, managed by Hiten Jain and benchmarked to the BSE 500 TRI.
SIP in stocks or mutual funds: Which strategy offers better returns?
Should investors choose SIPs in stocks or mutual funds? According to Hercules Advisors founder Aditya Shah, while direct equities may offer higher returns, they demand constant monitoring and carry greater risks. For senior citizens and passive investors, diversified mutual funds with professional management and appropriate asset allocation can be a safer and more practical route to long-term wealth creation.
Planning SIP this July? Here are mutual fund options that could suit aggressive investors
ETMutualFunds presents SIP portfolio ideas tailored for conservative, moderate and aggressive investors. The allocations span three investment brackets, starting from Rs 2,000 to above Rs 10,000, combining flexi cap, large cap, hybrid, mid cap and small cap funds. Selection is based on rolling returns, consistency, downside risk, outperformance and fund size.
Indian law governing a woman's property after her death without a will prioritizes her husband's heirs over her own parents. This outdated Hindu Succession Act, despite societal shifts where daughters are primary caregivers and financial supporters, leaves natal ties secondary to marital ones. While wills offer a solution, legislative reform is needed to reflect modern family realities and ensure parents are rightfully recognized in their daughter's succession line.
India ramps up share sale plans to cushion budget hit from oil
LIC, Hindustan Zinc, and several state-controlled banks are among eight companies identified by officials for stake sales in the coming months
Gold prices saw an uptick across major Indian cities on Thursday, July 2, 2026. Leading jewellers like Tanishq, Malabar Gold & Diamonds, Kalyan Jewellers, and Joyalukkas reported higher rates for 22K gold jewellery compared to the previous day.
Does a higher active share make a mutual fund better managed? Experts explain
Active share measures how much a mutual fund's portfolio differs from its benchmark, helping investors assess whether they are paying for genuine active management or closet index investing.
J&K Bank hits 3 lakh crore business mark on 16% deposit growth
The Banks total business reached 3.04 trillion, growing over 20% year-on-year, supported by a 16% increase in deposits and a 25% rise in gross advances
TRUSTMF Small Cap Fund emerged as the best-performing equity mutual fund over the past year, delivering a 22.78% return and outperforming both its benchmark and category average. Experts attribute the performance to strong stock selection but advise investors to focus on long-term asset allocation, disciplined SIPs, and realistic return expectations.
Think you don't need to file an ITR for FY 25-26? These 8 benefits may change your mind
ITR filing: Filing your Income Tax Return (ITR) offers significant advantages beyond just tax payment. It's crucial for claiming refunds, carrying forward losses to reduce future tax, and enhancing loan and visa application prospects. Even if your income is below taxable limits, filing might be mandatory under certain conditions.
Top 10 mutual funds to invest in July 2026
ETMutualFunds decided to put out a list of top 10 mutual fund schemes. We have chosen two schemes from five different equity mutual fund categories - aggressive hybrid, large cap, mid cap, small cap and flexi cap schemes which we believe should be enough for regular mutual fund investors.
SoftBank renews talks for $10 billion loan against OpenAI stake, adds concessions, sources say
To reassure lenders, the Japanese technology investor is guaranteeing loan repayment, allowing banks to seek recourse from SoftBank if the pledged OpenAI shares lose value
RBI floating rate bond : Has 8.05% interest rate changed? Here's what investors should know
The Reserve Bank of India has maintained the Floating Rate Savings Bond interest rate at 8.05% following the Finance Ministry's decision to keep the National Savings Certificate rate at 7.7%. This bond offers a 0.35% premium over the NSC, providing a competitive return compared to many small savings schemes and bank fixed deposits.
On the Google Play community page, a user recently shared a similar experience. They said, I took a Rs 1 trial on Moj app, but Rs 699 was auto-debited without clear consent. I have not used the subscription service at all. Please cancel my subscription and process a full refund immediately.
A Kerala family has been awarded Rs 2.5 lakh compensation after a public sector bank lost the original Pattayam (land title deed) submitted as security for a Rs 3 lakh agricultural loan. The mother-son duo mortgaged their 2-acre-20-cent land in 2014. When they discovered the document was missing in 2018, they faced significant distress and hardship, leading to the consumer commission's ruling.
Zero income tax in Form 16? You may still have to file an ITR in these cases
Even if your Form 16 shows zero tax payable due to the Section 87A rebate, filing an Income Tax Return (ITR) might still be mandatory. Certain income levels, high-value transactions like significant bank deposits, foreign travel, or owning foreign assets can trigger a filing requirement.
Gold sitting idle at home? Here's how it could earn you an income and what to watch out for
Indians traditionally hold gold as jewellery and a store of wealth, but it often sits idle. Gold leasing offers a way to earn returns by lending your gold, similar to earning rent. While government schemes provide a regulated framework, private platforms operate with fewer protections. Investors must weigh potential returns against significant risks like counterparty default and lack of insurance, making due diligence crucial before leasing.
AI-enabled cyber threats emerged as the leading perceived risk over the next 12 months: RBI survey
FSR highlighted that India remains exposed to cyber attack risks, with a relatively high volume of cyberattacks
