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Jio BlackRock AMC launches regular mutual fund plans available via distributors
JioBlackRock Asset Management has launched regular plans for eligible mutual fund schemes, expanding beyond its existing direct-plan offerings. Available through empanelled distributors from August 17, the move aims to broaden investor access while strengthening partnerships with Indias growing mutual fund distribution network.
Axis Bank prices its Senior Notes aggregating $300 million at 5.179%
These Senior Notes form part of the private sector banks $5 billionGlobal Medium Term Note programme.
Rupee declines to a 2-week low on early closure of swap facility to attract FCNR-B deposits
Traders indicated that RBI was present in the market, stabilising the Rrupee through Ddollar sales
Sebi makes mutual fund registration simpler with one application form
Sebi has replaced multiple mutual fund registration forms with a single consolidated application, simplifying the approval process for new sponsors. The revised form captures ownership, financial strength, regulatory history, management, infrastructure and investor services while retaining detailed eligibility and compliance requirements.
Airtel Payments Bank Chairman Sunil Mittal steps down; Shabnam Sinha to succeed
Sinha will take on a three-year term starting October 1, 2026, pending Board appointment and RBI approval, the company announced
FCNR(B) inflows stabilise rupee but fail to trigger 2013-style rally
Heavy foreign-currency inflows have strengthened the central banks ability to manage volatility, but broader global forces continue to shape exchange rates.
FM asks public sector banks to leverage strong balance sheets for next phase of growth
The government is seeking a stronger role for lenders in financing emerging opportunities as improved asset quality creates greater room for expansion.
Morgan Stanley retained its positive view on Reliance Industries after its partnership with Rolls-Royce to develop indigenous combat engines for Indias AMCA programme. The brokerage said the move reinforces Reliances evolving strategy.
South Indian Bank unveils Onam Orumayude Olam campaign
The campaign features festive offers on Home, Car, and Personal Loans, plus exclusive debit card deals with 40+ brands at over 250 outlets in Kerala
Apollo Pipes and Vindhya Telelinks among top 10 unique stocks held by mutual funds in July
There were around 237 unique stocks in July. We filtered these to include only stocks with a market value of over Rs 100 crore.
RIL, HDFC Bank, ITC among JioBlackRock Mutual Fund's top 10 stock holdings in July
JioBlackRock Mutual Fund had total assets under management of Rs 21,641 crore and managed nearly 15 funds in July. Its portfolio was led by HDFC Bank and ICICI Bank, followed by major names such as Bharti Airtel, Reliance Industries, Mahindra & Mahindra, SBI, Larsen & Toubro, Tata Steel, Infosys and ITC.
Retired? 7 types of income that are taxable for senior citizens; know the rules
Birth certificate for NRIs: Why this document matters more than ever
India's birth certificate has become an indispensable document for its citizens. Recent regulations stipulate that birth registrations are mandatory for obtaining passports and various services. This alteration especially affects Non-Resident Indians facing challenges with overseas births. Any delayed registrations will now necessitate approval from a judicial authority or magistrate. Thus, maintaining precise birth records is crucial for establishing legal identity.
Sunil Singhania-led Abakkus Mutual Fund crosses Rs 10,000 crore in AUM with nearly 2 lakh investors
Sunil Singhania-led Abakkus Mutual Fund has crossed the Rs 10,000 crore AUM milestone less than a year after launching its first scheme in December 2025. The fund house now has more than 1.91 lakh investors and manages three equity schemes along with a Liquid Fund.
The CGHS has updated its regulations regarding beneficiary consultations and medical investigations. All follow-up treatments and tests costing up to Rs 3,000 should be done at the same facility. For investigations over Rs 3,000, prior referral from CGHS is necessary. Consultations are valid for a seven-day period within the same specialty. Additionally, eye consultation fees now encompass three specific examination procedures.
Sunil Singhania-backed Abakkus Flexi Cap Fund increases stake in RIL, Vedanta Power and 32 others
Sunil Singhania-backed Abakkus Flexi Cap Fund increased its exposure to Reliance Industries, Vedanta Power and 32 other stocks in July. The fund added shares of NTPC, Edelweiss Financial Services, Vedanta Aluminium Metal, SBI, HDFC Bank and ICICI Bank, while trimming three holdings and exiting Bank of Baroda.
Yes Bank makes bond market comeback years after AT1 write-off
The bank plans to sell a benchmark-sized three-year US currency note and is holding calls with fixed-income investors starting Monday
Planning to invest in gold every month? Know the best options for beginners
Gold mutual funds and ETFs offer beginners convenient ways to invest small amounts monthly. Mutual funds provide professional management and easy redemption, while ETFs offer lower costs for investors comfortable using a demat account.
IPO-bound Paramotor Digital partners with NSDL Payments Bank to issue prepaid cards
The partnership will leverage NSDL Payments Bank's prepaid card issuance services and banking infrastructure to support secure, RBI-compliant prepaid payment solutions across payment networks
Govt to soon announce high-level panel on 'Banking for Viksit Bharat'
Panel to comprehensively review the sector and align it with Indias next phase of growth
Apartment owners have no exclusive rights over common amenities if they signed sale deed containing a clause giving consent to sharing them with another housing society, rules Karnataka High Court. Read the article to know why the homeowners lost the case.
Oil India among top 5 midcap stocks that saw highest mutual fund selling in July
Mutual funds stepped up selling in several midcap stocks in July, with Exide Industries, Kalyan Jewellers, Info Edge, FSN E-Commerce and Oil India among the biggest stocks to see net selling.
Sale deed vs gift deed vs Will: Why witnesses matter differently for each
Do you need witnesses for a registered sale deed? Know what determines the validity of a registered sale deed. Know what the law says
NRIs can buy life insurance in India to protect financial obligations. Additional KYC and underwriting requirements apply for non-resident Indians. Premiums are paid through NRE, NRO, or FCNR accounts, and currency fluctuations matter. Country of residence impacts premiums and underwriting due to risk assessments. The location of financial responsibilities guides the decision for buying insurance.
UPI payment failed but money got deducted? The 8 steps that get your refund fast
UK-based Indian employee sold 1,540 L&T Infotech shares for Rs 26 lakh which he had acquired through ESOPs, declared Rs 1 lakh short-term capital loss; Tax dept treated it as Rs 29.59 lakh unexplained gains; ITAT Mumbai rules in employee's favour. Read the article to know why.
Gold bond rate: The Reserve Bank of India has established the early redemption price for a certain gold bond series. Investors have the option to redeem these bonds five years post-issuance. The redemption amount is determined by the average gold price over the three business days leading up to redemption. This bond series boasts excellent returns on investment. Sovereign Gold Bonds serve as government-backed securities, providing an alternative to holding physical gold.
Sammaan Capital eyes up to 92,000 crore annual disbursements by FY29-FY30
Under its Clear Path to Growth plan, the company is aiming to up its network from 220 branches currently to 1,600 in the next few years
Son inherited 50% of mothers land and took it in his real estate business as business stock; brought an even larger plot for Rs 2 crore claimed Section 54F tax exemption; tax dept denies it; Heres how a 1983 CBDT circular (No. 359 dated May 10, 1983) helped him win the case in ITAT Surat. Read the article.
Best aggressive hybrid mutual funds to invest in August 2026
If you are bothered about the uncertainties and volatility in the market, you can consider investing in aggressive hybrid mutual funds. Mutual fund advisors typically recommend aggressive hybrid fund schemes to conservative equity investors to create wealth to achieve their long-term financial goals.
Eicher Motors Share Price Live Updates: Eicher Motors maintains stability with a slight price rise
Titan Company Share Price Live Updates: Titan Company Sees Positive Movement
ONGC Share Price Live Updates: ONGC's Weekly Performance
Kotak Bank Share Price Live Updates: Kotak Bank News
Bharti Airtel Share Price Live Updates: Bharti Airtel's Price Movement Today
Adani Ent Share Price Live Updates: Adani Enterprises Daily Price Update
M&M Share Price Live Updates: M&M's Stock Price Analysis
SBI Share Price Live Updates: SBI Stock Details
ITR filing: Key rules for freelancers, F&O traders
Earning income from futures and options trading or other side hustles? Cumbersome compliance, reconciliation and disclosures mean taxpayers should not wait until 31 August to file.
Redevelopment risks: How to protect your home, money
Ageing housing societies that were promised bigger, modern living spaces have seen builders abandon or stall construction for years, with little recourse.
Sandwich generation: Retirement, kids & elderly care
Luckily, the squeeze phase doesnt last forever. Kids grow up, loans get paid off and people enter peak earning years as they move towards their 50s. And given the increase in surplus during this phase, many people can accelerate retirement contributions meaningfully.
Moving back to India? US tax rules NRIs should know
From RSUs to retirement accounts, what returning Indians must settle beforeand afterthey land.
Textile stocks weave a comeback: Time to buy?
Trade deals and sourcing shift from China are reviving the sector that investors had written off.
Factor indices: Alpha leads 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.
Personal laws: Marriage, divorce and inheritance
If you are confused by personal finance terms, jargon and calculations, heres a series to simplify and deconstruct these for you. In the 114th part of this series, Riju Mehta explains how personal laws govern marriage, divorce and inheritance for different religions.
In the June quarter, Indian companies celebrated remarkable revenue growth, reaching a nine-quarter high. Despite this, profits grew by only eleven percent, largely due to rising input costs. Key sectors such as auto, banking, metals, and pharma played a pivotal role in this expansion. Notably, small and midcap firms showcased impressive earnings per share. Looking ahead, revenue is anticipated to gain momentum from upcoming festivals and premiumization strategies.
Muthoot Fincorps Q1FY27 net profit soars about 4 times to 705 cr
NBFCs bottomline boosted by a jump in net interest income and gains made from sale/assignment ofloan portfolio
IN-SPACe proposes 500 crore third-party insurance cover for space launches
The third party damage insurance framework will likely be part of Indian Space Activity Bill
Developments on the SR front come in the wake of robust credit growth and lenders stepping up vigil on asset quality
Segment records 600% y-o-y growth in customers in Q1; available across 300 cities
Punjab & Sind Bank exploring QIP option to raise funds, bring down govt holding: MD Saha
Currently, the government holds a 93.85% stake in Delhi-headquartered Punjab & Sind Bank
PPFAS Mutual Fund among 6 MFs holding over Rs 10,000 crore in cash in July
Mutual funds raised their cash holdings by Rs 7,856 crore to Rs 1.90 lakh crore in July, recovering from a 19-month low in June. PPFAS held the most cash at Rs 25,291 crore, followed by SBI and HDFC Mutual Fund.
Indian Bank plans to raise $400 mn via ECB this week: MD Binod Kumar
Indian Bank may mop up another $600 million via ECB before RBIs concessional swap window deadline of December 31, 2026
Physicswallah among top 5 smallcap stocks facing highest mutual fund selling in July
Mutual funds reduced their exposure to several small-cap stocks in July, with Amara Raja Enterprises witnessing the highest net selling. Welspun Corporation, NBCC, IIFL Finance and Physicswallah were the other major names on the list, according to Motilal Oswal Financial Services. Monthly shareholding changes ranged from a 10.5% decline to an 8.5% increase.
Equity mutual funds delivered up to 6% return last week. Check top 5 gainers
Equity mutual funds delivered returns of up to nearly 6% during August 1015, led by international schemes. Invesco IndiaInvesco Global Consumer Trends FoF topped the list with 5.59%, followed by Nippon India Taiwan Equity Fund at 5.49%.
PhonePe widens lead as UPI transactions climb to 23.66 billion in July
Paytm remained the third-largest player. Its monthly transaction count increased to 1.90 billion from 1.80 billion in June
Monarch Mutual Fund set to enter MF space with maiden overnight fund; files draft with Sebi
Monarch Mutual Fund has filed draft papers with Sebi for its maiden scheme, an overnight fund investing primarily in one-day securities. The open-ended debt scheme targets low risk, high liquidity and overnight-rate-linked returns, with Sanjay Motta as fund manager.
Top 5 India-focused offshore equity funds and ETFs in Q1FY27. Check details
India-focused offshore funds and ETFs delivered returns of up to 32.7% over three months, outperforming the MSCI India USD Index, which fell 12%. Taishin India led gains, followed by Aditya BSL, SBI Resurgent India Opportunities, AsahiLife Neuberger and Wasatch.
Debt mutual funds attracted Rs 1.87 lakh crore in July, reversing June-quarter outflows. Liquid, overnight and money market funds led inflows, while longer-duration categories saw redemptions. Experts said flows reflected seasonal treasury movements and continued preference for liquidity.
Good news: Save huge tax penalty as CBDT notifies Foreign Assets of Small Taxpayers disclosure scheme rules; Know who can use it by December 31, 2026. Know how much tax you need to pay.
Mutual funds deployed over Rs 9,700 crore across 11 IPOs in July. Check key details
Mutual funds invested nearly Rs 9,789 crore across 11 IPOs in July, with INDO-MIM attracting the highest allocation at Rs 3,622 crore, followed by SBI Funds Management and Manipal Health Enterprises, highlighting strong institutional appetite.
FD rate up to 8.05% for senior citizens investing for five years; Know list of banks
Fixed Deposit (FD) rate for senior citizens investing for five years. The article has a chart using which you can compare the top banks which is giving such high interest rate on FDs. Also know about when you can prevent TDS deduction from FD using Form 15H (senior citizens only).
S&P Global Ratings assigns IDFC First Bank investment grade rating
The rating agency observed that regular capital raisings, improved profitability, and a low dividend payout should support IDFC First Banks capitalization
Life insurance: Average annual premium per policy grew 42.6% in last 5 years in India
An analysis of life insurance business data for FY21FY25 compiled by the Insurance Information Bureau (IIB) of India has pointed to an encouraging shift in the countrys protection landscape
A life insurance claim was rejected due to alleged non-disclosure of a prior proposal. The insurer failed to prove the policyholder knowingly concealed this information. The consumer commission ruled that insurers must prove conscious concealment, not just non-disclosure. Tata AIA Life Insurance was ordered to pay the Rs 1 crore death claim. This case highlights the need for insurers to provide evidence of deliberate suppression.
Independence Day bank holiday: Are banks open or closed on August 15? Check status
Bank holiday today: Cstomers are advised to check local holiday schedules, as state-specific holidays may further impact branch operations throughout the month. With regional festivals leading to varying closures in different states, it ensures employees can take time off for significant national and local events.
Q1 Results Today, 14th August 2026 Highlights: Follow Q1FY27 highlights from businessline
Robust accretion to FCNR-B deposits: RBI decides to pull the plug on concessional swap facility
The concessional swap facility will now be available only for FCNR(B) deposits of 3-5 years maturity mobilised till August 31, against the earlier deadline of September 30
Health insurance reforms must go beyond rates to address the cost of care: Industry experts
Standardising costs across private and government hospitals could help keep expenditure on tertiary and super-speciality care within manageable limits
The Latest Home Loan Interest Rates: Aug 14, 2026
The Latest Home Loan Interest Rates: Aug 14, 2026
The Latest Fixed Deposit Interest Rates: Aug 14, 2026
The Latest Fixed Deposit Interest Rates: Aug 14, 2026
PNB signs three-year deal with GYFTR to boost credit card engagement
Under the deal, GYFTR will design, build and operate a white-label digital platform
Juhu is one of the top localities in Mumbai by property prices too. The average asking price here is Rs 45,000 per sq. ft. The data further shows that property prices in the Juhu Road micromarket have shown a steady growth over the last year, according to Square Yards data. Rates in the micromarket jumped from Rs 33,100 per sq ft in September 2025 to Rs 35,900 per sq ft by June 2026.
Can NRIs invest in National Savings Certificate (NSC) and avail tax benefits?
The National Saving Certificate (NSC) is one of the popular small savings schemes among Indians investors with a low-risk appetite as the scheme is backed by the government and offers an attractive interest rate of 7.7%. The NSC scheme is available only to resident citizens of India.
Rs 1,322 cr leaves Largecaps in July. Is Investor Money Moving to Midcaps?
Investors are rebalancing within equity portfolios rather than making a wholesale shift towards defensive assets, says CEO of Anand Rathi Wealth
Quant Mid Cap Fund exited Anthem Biosciences and Lenskart Solutions in July, while adding five new stocks including Cochin Shipyard, UPL and IPCA Laboratories. The fund also increased exposure to six stocks, including Adani Energy Solutions and Indus Towers. Its portfolio expanded to 23 stocks, with AUM at Rs 8,106 crore.
Waiting for higher EPFO pension? Govt announces 4 steps to speed up claims
Measures include online regional monitoring and regular reviews, but no fresh deadline has been set for pending claims.
Mutual funds completely exited six stocks in July, led by JB Chemicals & Pharmaceuticals with Rs 6,741 crore worth of shares sold. Other exits included RK Swamy, Reliance Infrastructure, One MobiKwik System, Salzer Electronics and Gayatri Biorganics, according to Prime Databases monthly portfolio data.
Air India Express sale: Save up to 20% on flights; how to get extra 10% off
Bookings are open until 16 August 2026 for travel between 16 August 2026 and 31 October 2026
Gold rates today: Here is a look at the latest 22k gold jewellery prices at Tanishq, Joyalukkas, Malabar Gold & Diamonds and Kalyan Jewellers, along with India Bullion and Jewellers Associations (IBJA) indicative rates for different gold purities and 999-purity silver.
EPFO member alert: Over the past four years, inoperative Employees Provident Fund accounts have surged by eighty-four percent, with inactive balances witnessing a dramatic increase of one hundred sixteen percent. Furthermore, the average amount in these dormant accounts rose by sixteen percent. This trend indicates that many members are neglecting to file their claims after leaving service. To address this, the government is implementing steps to identify and revive these inactive accounts.
JioBlackRock Mutual Fund files draft with Sebi for balanced advantage fund
JioBlackRock Mutual Fund has filed a draft with Sebi for a Balanced Advantage Fund investing dynamically in equity and debt. The scheme will allocate 65-90% to equities and 10-35% to debt. It will offer regular and direct plans, with a Rs 500 minimum investment, and use BlackRocks Aladdin technology for portfolio construction.
ICICI joins Indian banks chasing dollar loans, swelling demand
ICICI Bank has launched a syndicated offshore loan of about $1.45 billion, with a margin of 110 basis points over the US benchmark Secured Overnight Financing Rate
Explained: Why Vedanta Aluminium, Hindalco, Nalco shares tumbled up to 7% on Friday
Vedanta Aluminium, Hindalco and NALCO fell as aluminium prices retreated after Norsk Hydro resumed Alunorte refinery production, easing supply shortage concerns.
In July, mutual funds increased their allocation to the IT sector to 6.6 per cent, marking a positive shift after an extended period of minimal investment from fund managers. Analysts believe this surge is mainly driven by valuation factors, highlighting a cautious approach from growth investors who are wary of AI's potential effects on IT services. Current SIP investors are encouraged to remain invested, while newcomers should adopt a strategic method.
Got message to pay Rs 6,000 in tax? It may be fake
NRI used money from his NRE bank a/c to buy property for Rs 79 lakh, files no ITR; tax dept sent notice for unexplained cash; he wins case in ITAT Ahmedabad
Tax notice for using NRE a/c to buy property...
