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4 SIFs and mutual fund NFOs open for subscription now. Check details
SEBI sends show-cause notices to Capital Group entities in front-running case
Probe tied to 2025 front-running case involving Ketan Parekh and Rohit Salgaocar
Indian mutual fund assets under management have surged. Equity funds saw a significant rise in assets and investor numbers. Flexicap funds led net sales, attracting substantial inflows. SIP flows doubled in under three years, reaching new highs. The industry's AUM grew substantially over the past decade, indicating strong investor confidence and growing participation in mutual funds.
Banks cannot disable mobile phones of defaulting borrowers: RBI proposal
A bank will, however, be allowed to restrict or disable functionalities of a defaulting borrowers mobile device, provided the device is financed by the lender
Gold prices saw an uptick on May 21, 2026, influenced by US-Iran tensions, inflation concerns, and increased rate-hike expectations. Major jewelry brands reported higher rates for 24k, 22k, 20k, 18k, and 14k gold.
SBI bank holidays May 2026: SBI branches may be closed for up to six days from May 23, 2026, due to a weekend, a proposed two-day staff strike, and the Bakrid holiday.
Solfin raises 280 crore, turns profitable in first year of operations
The fresh capital will be directed towards AI-driven credit underwriting, portfolio monitoring, geographic expansion into underpenetrated states and new green-financing products
These 5 smallcap mutual funds deliver over 20% annualised return in 3 years. Check toppers
The ET Alpha Summit gathers top market minds to decode global risks, AI disruption, and investment opportunities, offering investors a clear roadmap for smarter, future-ready wealth decisions.
Will EPS-95 pensioners get 7,500 monthly pension from May 2026? Check EPFOs statement
LIC shares tick up ahead of Q4FY26 results; analyst urges caution
The stocks total market capitalisation stands at 5,11,692 crore
Taiwan-focused mutual funds soar 200% in a year. Experts warn against FOMO investing
Mutual fund investors are exploring international and thematic schemes, with some delivering up to 200% returns. Technology and semiconductor funds, especially those with Taiwan exposure, have seen significant gains. Experts suggest starting global diversification with broader US funds. While past performance is strong, future returns may vary.
Tata AIA launches dividend-focused pension fund with NFO window open till May 27
The fund tracks the BSE 500 Dividend Leaders 50 Index and invests in 50 companies with a track record of regular dividend payouts
Physical gold vs gold ETF vs EGR: Which gold investment option are Indians choosing most?
Stay fit, pay less: Over 2 lakh Aditya Birla Health customers earned premium refunds in FY26
Nearly 2.03 lakh customers earned between 6-100% of their premiums back in FY26, accounting for nearly 11% of eligible customers, says Mayank Bathwal, CEO, Aditya Birla Health Insurance
Bengaluru property owners face a new hurdle. The city's e-Khata portal does not allow new Khata creation for revenue land acquired through partition deeds. This blocks genuine owners from official property records. Experts suggest adding a fresh Khata creation option and improving document uploads. This reform aims to include all property owners in the formal system.
RBI revives aggressive pre-market intervention to arrest rupees slide
RBIs pre-open intervention mirrored past episodes where it has acted aggressively to break a negative feedback loop of persistent depreciation and mounting pressure on the rupee
India bonds reverse gains as report RBI mulling rate hike outweighs external support
The benchmark 6.48% 2035 bond yield was at 7.1225%, as of 10:15 a.m. IST, rocketing back up from a low of 7.0194% hit earlier, and against its previous close of 7.0761%
A wife who stabbed and killed her husband during a sudden argument has been spared jail time. The Telangana High Court ruled the act was committed on the 'spur of the moment'. She will pay a Rs 500 fine instead of a four-year prison sentence. The court invoked an exception to murder charges, acknowledging the impulsive nature of the crime.
Large cap funds have lagged mid and small caps across various time horizons, showing muted or negative returns in shorter periods. Experts suggest increasing allocation to large caps for stability and better risk-reward due to attractive valuations, especially for first-time investors and through SIPs.
Your employer may soon pay your SIP from salary: Sebi's new mutual fund proposal explained
Your employer might soon invest in mutual funds directly from your salary. Sebi is considering a new proposal to allow this. Employees can choose their funds, and employers will deduct the amount from salaries. This aims to simplify investing and increase participation. Redemption proceeds will still go to the employee's account.
Best banking & PSU mutual funds to invest in May 2026
Banking & PSU debt funds offer a relatively safe investment option for a few years, investing primarily in government-backed entities. These schemes gained popularity after past debt market turmoil. While risks like private bank exposure and interest rate changes exist, they are considered minimal for short-term investors.
Q4 Results Today, May 21, 2026, Live Updates: Catch more updates here
Why wealthy people invest differently; 8 lessons every investor can apply
Sebi moots MF payment by 3rd parties in select cases
Sebi is proposing new rules for mutual fund investments. Third parties can now make payments in certain situations. Employers can invest on behalf of employees through salary deductions. Asset Management Companies can pay distributors in mutual fund units instead of cash. A framework for investors to donate to social causes is also suggested.
Long-term SIPs deliver consistent gains as market volatility eases over time
Investing in equity through Systematic Investment Plans (SIPs) offers greater predictability and reduced risk over extended periods. A study reveals that longer tenures, ideally 10 years or more, allow investors to navigate market cycles and benefit from rupee cost averaging.
RBI reworks draft loan recovery directions following industry feedback
The draft norms also bar lenders from disabling essential features such as internet access, incoming calls, emergency SOS services and public safety notifications
BHIM Payments Apps total transaction volumes increased by 301 per cent in FY26 compared to FY25
Banks step up hiring of apprentices to cut costs, expand operations
Data on recent recruitment trends show that banks are increasingly using apprentices to meet manpower requirements arising from the expansion of marketing, customer outreach, etc.
APY pension calculator: How to get Rs 1,000-Rs 5,000 monthly pension under Atal Pension Yojana
The Atal Pension Yojana provides a secure future with guaranteed monthly pensions. Indian citizens aged 18 to 40 can enroll. Contributions ensure a pension of Rs 1,000 to Rs 5,000 from age 60. The scheme offers continued benefits to spouses and nominees in case of subscriber death. This government-backed initiative secures retirement for many.
Sebi proposes to permit third-party payment in mutual funds in certain scenarios
The current regulatory framework mandates that all payments for investments in mutual funds must originate directly from the investor's own bank account and be routed exclusively through RBI-authorised payment aggregators or Sebi-recognised clearing corporations.
Indias treasury-bill yields surge on rate-hike expectation
Yield on the 364-day treasury bill rose 21 basis points to 5.9750% Wednesday, the most in nearly four years, according to data compiled by Bloomberg
PM Kisan 23rd instalment date 2026: When can farmers expect next Rs 2,000 payment?
Farmers eagerly await the 23rd PM Kisan installment, expected around June-July 2026. Beneficiaries receive Rs 2,000 thrice annually. Completing e-KYC is mandatory for receiving the Rs 2,000 payment, with options for OTP-based, biometric, or face authentication.
Can Sebis 50% overlap limit improve diversification in mutual fund schemes?
Sebis new mutual fund overlap rules aim to improve diversification by limiting duplicate stock holdings across schemes, encouraging investors and fund houses to reduce redundancy and maintain more efficient portfolios.
Railway technical supervisors have put forward significant demands to the 8th Pay Commission. Key proposals include a Rs 52,000 minimum salary and multiple fitment factors. They also seek higher House Rent Allowance rates and the inclusion of training periods for MACP calculations. The association aims for these suggestions to be part of the commission's recommendations.
ICICI Bank is set to implement revised charges on several debit cards, including a significant increase in Dynamic Currency Conversion (DCC) fees, effective June 21, 2026. Additionally, annual fees for various debit card variants will be adjusted, with some seeing an increase and one notable reduction.
Customers trust banks with data, but only fully satisfied with fraud resolution: EY Report
The report highlighted that trust has emerged as one of the biggest differentiators for banks as customer expectations continue to evolve beyond products and pricing
Baroda BNP Paribas Mutual Fund removes subscription limit and resumes fresh SIP/STP in its Aqua FoF
Baroda BNP Paribas Mutual Fund has removed the Rs 5 lakh daily cap on lump sum investments and resumed fresh SIP/STP registrations in its Baroda BNP Paribas Aqua Fund of Fund from May 20. The move comes as overseas investment headroom improves, though subscriptions will remain subject to regulatory overseas investment limits.
NFO Update: Tata AIA Life Insurance launches dividend leaders index pension fund
Tata AIA Life Insurance has launched the Tata AIA Dividend Leaders Index Pension Fund to help investors build long-term retirement wealth through Indias leading dividend-paying companies. The NFO is open until May 27, with units priced at Rs 10. The passively managed fund tracks the BSE 500 Dividend Leaders 50 Index and invests in 50 consistent dividend-paying firms, combining market-linked growth with life insurance protection for disciplined retirement planning.
PFCs 26,000-crore, 30-year loan to NPCIL sets stage for long-term nuclear financing
Nuclear projects present a distinctive financing challenge with high capital outlay
1 crore home today or 6 crore corpus after 20 years - how to decide between buying & renting?
Gold prices saw an upward trend today, May 20, 2026, at major jewellery retailers like Tanishq, Malabar Gold & Diamonds, Joyalukkas, and Kalyan Jewellers. In contrast, rates at the India Bullion and Jewellers Association experienced a decline. Consumers can check the latest rates for 22k gold and silver across different brands and IBJA.
Twelve equity mutual funds delivered over 10% returns in the past year, led by TRUSTMF Small Cap Fund with 19.24%. Midcap schemes from ICICI Prudential, HSBC and Mirae Asset also featured among the top performers. Overall, 284 schemes were analysed, with returns ranging from 11.51% to 9.86%.
NFO Alert: The Wealth Company Mutual Fund launches large & midcap fund
The Wealth Company Mutual Fund, backed by Pantomath Group, has launched its 10th fund, The Wealth Company Large & Mid Cap Fund. This open-ended equity scheme, open from May 21 to June 4, aims for long-term capital appreciation by investing in both established large-cap companies and growth-oriented mid-caps, employing a unique research framework.
8th Pay Commission latest news: 5 big pension demands raised at crucial NC-JCM meeting
Can Rs 5 lakh lump sum and Rs 10,000 step up SIP create Rs 2 crore corpus in 20 years?
Combining a Rs 5 lakh lump sum with a Rs 10,000 monthly step-up SIP can help achieve a Rs 2 crore retirement corpus in 20 years. Experts advise consistent investing, even during market downturns, and increasing SIP amounts with income growth to combat inflation and maximize returns.
AI will destroy some jobs and create new ones, says HSBC CEO
The comments come a day after another financial industry giant, Standard Chartered, said that 7,000 jobs could go as it steps up its efforts to deploy AI
Looking to invest via SIP for 5 years? Here are the top 10 mutual funds to consider
Top-performing mutual funds delivered strong five-year SIP returns, led by gold, infrastructure, manufacturing, healthcare, and smallcap categories, though investors should prioritize risk appetite, goals, and investment horizon over past performance alone.
Withdraw EPF through UPI soon as government completes testing
Employees Provident Fund Organisation subscribers will soon withdraw their provident fund corpus directly through Unified Payment Interface. The government has completed testing of this new facility.
Retiring soon? Check new NPS pension income options, RIS benefits and key withdrawal rules
RBI intervenes as Rupee drops to record low
Global investors have pulled out a record $23 billion from the nations stocks this year
A 53-year-old investor aims for a Rs 5 crore retirement corpus in seven years without a pension. Experts suggest increasing monthly SIPs to Rs 1.2 lakh with annual 24% step-ups and shifting to an 80:20 equity-debt allocation. A bucket-based SWP strategy is recommended for post-retirement income, potentially generating Rs 1.67-2.5 lakh monthly.
Q4 Results Today, May 20, 2026, Live Updates: Catch live updates
Inflation who? 10 things that got cheaper in India over the last 10 years
SBI to recruit 7,150 apprentices across India; applications open till June 8
Graduates aged 2028 can apply online till June 8, 2026. Selected candidates will receive a 15,000 monthly stipend.
UAE private companies must pay salaries on 1st of every month from June 1, 2026 or face legal action
UAE private companies must now pay employee salaries on the first of each month, effective June 1, 2026, as mandated by the Ministry of Human Resources and Emiratisation. Failure to comply will result in penalties, including potential blacklisting and travel bans, with no grace period allowed for late payments.
Many policyholders believe health insurance claims require a 24-hour hospital stay. However, modern policies cover numerous treatments completed within 24 hours, known as day care procedures. These include surgeries like cataract removal and treatments such as chemotherapy. Policyholders must verify their policy details, including covered procedures and exclusions, to ensure eligibility for these claims.
Inside Mutual Fund Portfolios: The role of cash holdings
Fund managers hold cash in equity schemes for various reasons, including market overvaluation, difficulty finding quality stocks, and to meet daily redemption requests. While cash offers a downside buffer, high levels can lead to underperformance if markets rally, potentially causing investor outflows.
Karnataka Banks Q4 net profit at 408.19, seeing a growth of 61.74%
The NPAs of the bank declined by 30 basis points from 3.08% in Q4 2024-25 to 2.78% in Q4 2025-26, and the net NPA of the bank declined by 33 basis points from 1.31% to 0.98%
RBI seeks more granular risk, capital disclosures from banks
Banks will also have to provide narrative explanations for major changes in these parameters from one reporting period to another, including the factors driving such movements and the management response to evolving risks
EPFO set to unveil UPI pay-outs of PF
EPFO has undertaken mission-mode initiatives to reduce PF-related litigation and ensure resolution of pending cases: Minister for Labour & Employment Mansukh Mandaviya
Why This Mid-Cap Fund Could Bounce Back Stronger
Senior citizens in Gurugram and Faridabad now have enhanced security for their bank accounts. HDFC Bank has introduced a double OTP system. This initiative ensures money transfers only occur after verification from both the account holder and a trusted contact. This voluntary facility aims to protect individuals over 60 from cybercrimes and financial losses.
Is government planning to issue gold bonds to temples in exchange for gold reserves? Check here
The Indian government has officially denied circulating rumors about plans to issue gold bonds to temples or to monetize temple gold holdings. These claims, which emerged after a call to postpone gold purchases and an import duty hike, are completely false and misleading. The Finance Ministry clarified that no such proposals have been approved.
Raymond Realty among top 7 unique stocks with over Rs 1 crore market value. Check details
RBI set to pay government record dividend to cushion war shock
The central bank may transfer nearly 3 trillion rupees to the government this week
Ebix Technologies aims 20% growth across insurTech, financial services business
These include solutions across broker connectivity, policy administration, electronic placement systems, compliance infrastructure, and digital insurance exchanges, it added
Do mutual fund and fixed deposit investors need to file ITR if interest income is below Rs 2 lakh?
Homemakers earning under Rs 2 lakh from fixed deposits and mutual funds may not need to file ITR legally, but voluntary nil return filing helps maintain records and claim TDS refunds.
Looking for best flexi cap mutual funds to invest in May? Here are top 7 to consider
How your old forgotten UPI IDs may become a security risk and how to protect yourself
Deleting UPI apps doesn't deactivate associated IDs, leaving financial and privacy risks. Old, forgotten UPI IDs linked to recycled mobile numbers can be exploited by fraudsters. Users must proactively unlink accounts, cancel mandates, and deactivate IDs to ensure digital financial hygiene.
Gold and silver prices saw an increase today, May 19, 2026. Major jewellery brands like Tanishq, Malabar Gold & Diamonds, Kalyan Jewellers, and Joyalukkas reported higher rates for 22k gold.
Women are significantly boosting India's mutual fund landscape, managing Rs 11.3 lakh crore in assets and contributing Rs 3 lakh crore in new investments during FY26. Their participation grew 13%, outpacing men's 11% growth. This surge highlights a shift towards disciplined, goal-oriented investing, with a rising number of women embracing diversified and long-term wealth creation strategies.
Standard Chartered plans 7,000 job cuts by 2030 amid AI-driven restructuring
Back-office centres in Chennai, Bengaluru, Kuala Lumpur and Warsaw are likely to be affected
Building a mutual fund portfolio needs careful planning. Experts highlight that too many funds lead to overlap and high risk, especially in smallcap and midcap categories. Investors are advised to consolidate holdings, increase largecap exposure, and reduce thematic investments. A balanced approach with fewer, well-chosen funds ensures better management and stability.
3 Days off every week? Heres what new labour code rules say about 4-day workweek
Is tax-exempt income in India also exempt in the US for NRI?
ET Wealth Reader's Query: If an income is tax-exempt in India, is it also exempt in the US for an NRI? For instance, interest on NRE accounts, FCNR deposits, and PPF is tax-free in Indiadoes it need to be reported in the US, and will it be taxed there, including PPF maturity proceeds?
HSBC Midcap Fund delivered exceptional returns, transforming a Rs 10,000 monthly investment into Rs 2.33 crore over two decades. The fund also showed strong three-year trailing returns, ranking second in its category. Experts highlight the fund manager's strategy of focused stock selection in quality mid-sized companies across growth sectors. This approach has consistently benefited from India's economic expansion.
How NRIs can send money to family and businesses in India but one wrong step violates FEMA
Why your SIP keeps failing and the 5-step system to make it bulletproof
NFO Alert: ICICI Prudential MFs iSIF launches active asset allocator and long-short funds
ICICI Prudential Asset Management Company has launched two new strategies under its Specialised Investment Funds (SIF) segment: iSIF Active Asset Allocator Long-Short Fund and iSIF Equity Long-Short Fund. The NFOs are open for subscription till June 2. The strategies aim to offer adaptive portfolio construction through long-short positioning, dynamic asset allocation and derivatives-based risk management.
RBI likely selling dollars via state-run banks to steady rupee, traders says
The rupee was quoted at 96.32 per dollar on Tuesday, off a low of 96.3850
Q4 Results Today, May 19, 2026, Live Updates: Catch live updates
Can Rs 1.5 crore retirement savings give you Rs 1 lakh monthly income for 20 years? Heres the math
With a Rs 1.5 crore retirement corpus earning 6%, withdrawing Rs 1 lakh monthly can last about 22 years, leaving little balance. Slightly higher returns allow marginally higher withdrawals but nearly exhaust the corpus. Experts caution that returns from the corpus arent guaranteed and suggest a safer 35% withdrawal rate to sustain funds longer. A balanced mix of debt and hybrid funds, with focus on stability over high returns, is key to avoiding premature depletion.
Indian students studying in the USA on an F1 visa need specific authorization to work. This authorization comes from an Employment Authorization Document (EAD) linked to Optional Practical Training (OPT). A confirmed job offer alone is not enough. Students must complete their studies and obtain the EAD before starting any employment.
Have assets in the USA or UK? Why an Indian Will alone may not protect your heirs
Indian families with assets in the USA and UK need robust succession plans. A single Indian Will may not suffice for overseas properties. Experts advise considering jurisdiction-specific documents and trusts. This ensures smooth wealth transfer and avoids disputes. Proactive planning is crucial for protecting heirs and managing foreign tax implications.
ViyonaFintech gets NPCI certification
With this milestone,Hyderabad-based Viyonajoins a select group of fintech infrastructure players building end-to-end payment orchestration capabilities aligned with National Payments Corporation of India standards.
Bitcoin at two-week low as crypto liquidations hit $500 million
The token has been under pressure in recent days as uncertainty around the US war with Iran weighed on risk assets
Not activating countercyclical capital buffer: RBI
The framework envisages the credit-to-GDP gap as the main indicator, which may be used in conjunction with other supplementary indicators
Fintechs turn to AI for personalised finance, fraud detection and smarter operations
The sector looks beyond basic automation and chatbots toward more intelligent financial services infrastructure
