Vodafone Idea shares have surged over 15% in just four sessions, buoyed by reports of a potential Rs 25,000 crore loan to boost network expansion and renewed hopes of government relief on dues. The telco is also exploring strategic partnerships and funding avenues to support its turnaround plans.

Gilt funds are debt mutual funds that invest in government-securities or G-secs. As per Sebi norms, these schemes must invest 80% of their corpus in government securities. As you see, these schemes invest in government papers or they lend to the government. Therefore, they dont have any credit risk or they face zero defaults. However, they are extremely sensitive to interest rate changes.

Market regulator Sebi on Thursday said that timelines for portfolio rebalancing in mutual fund schemes will now be applicable to all types of passive breaches across actively managed schemes, which was earlier limited to only asset allocation.

Investors' wealth jumped by Rs 9.70 lakh crore in three days of market rally amid growing optimism following easing geopolitical tensions.

The HDFC Innovation Fund, an actively managed equity scheme focused on investing in companies driving innovation through products, processes, and business models. Open for subscription from June 27 to July 11, the fund aims to capture long-term growth potential across sectors amid Indias evolving innovation landscape.

Mahindra Manulife Mutual Fund has announced the launch of Mahindra Manulife Banking and Financial Services Fund, an open-ended equity scheme that aims to provide long-term capital appreciation by investing in a portfolio of equity and equity-related securities of companies engaged in banking and financial services activities.

For an 810 year horizon, investing Rs 1,000 each in Kotak Flexi Cap, HSBC Value Fund, and Mirae Momentum Fund can yield Rs 6.97 lakh, assuming 12% returns. Annual SIP top-ups and inflation-adjusted goals are essential, says expert.

Motilal Oswal recommends SBI, HAL, BEL, Power Grid, and Coal India as top PSU stocks for long-term investment, citing strong earnings, strategic relevance, and policy tailwinds. PSUs have rebounded post-COVID, significantly outperforming broader market returns.

Canara Robeco Large and Mid Cap Fund has completed 20 years in the market. A monthly SIP of Rs 10,000 in the fund would have grown to Rs 2.02 crore, delivering an XIRR of 18.05%. Formerly known as Canara Robeco Emerging Equities, the scheme aims for long-term capital appreciation by investing in large- and mid-cap stocks benchmarked to the NIFTY LargeMidcap 250 TRI.

SBI Mutual Fund has launched the SBI Nifty200 Momentum 30 Index Fund, targeting top 30 high-momentum stocks from the Nifty200. The NFO closes on July 3, with a Rs 5,000 minimum investment. The fund aims to enhance portfolio returns through trend-based investing.

Kotak Mutual Fund has launched the Kotak Nifty 200 Quality 30 Index Fund and ETF, tracking top 30 quality companies from the Nifty 200. Focused on strong fundamentals and low volatility, the NFO is open till July 7, with a minimum investment of Rs 100 and Rs 5,000 respectively.

European shares edged higher on Thursday, aided by signs that the Israel-Iran ceasefire appeared to be holding, while U.S. President Donald Trump's latest criticism of the Federal Reserve chair revived concerns over the central bank's independence.

Titan shares have surged 25% from their 52-week low, breaking out of a falling channel pattern. Axis Securities sees potential for further upside toward Rs 4,000. Technical indicators like RSI and trading volumes support a bullish outlook. A breakout above Rs 3,670 could signal stronger momentum.

Groww Mutual Fund, a subsidiary of the IPO-bound Groww, has witnessed substantial growth, with its AUM reaching nearly Rs 2,000 crore by May 2025. This marks a sixfold increase from Rs 342 crore since acquiring Indiabulls Asset Management Company in May 2023. Groww's parent company reported a threefold rise in profit, reaching Rs 1,819 crore in FY25.

Zerodha Mutual Fund has launched the Zerodha Silver ETF FoF, an open-ended fund of funds that invests in units of the Zerodha Silver ETF. The scheme adopts a passive strategy to mirror domestic silver prices by investing in physical silver through the ETF. The NFO is open for subscription and will close on July 4.

Around ten equity mutual funds consistently delivered over 30% CAGR in the last three to five years. ETMutualFunds analyzed 199 equity mutual funds for at least five years. Bandhan Small Cap Fund and Motilal Oswal Midcap Fund gave over 35% CAGR in both horizons. Quant Small Cap Fund offered the highest CAGR of 43.86% in the last five years.

Nine small-cap stocks, including MCX, Wockhardt, and Reliance Infra, have consistently delivered strong second-half returns over the past two years and remain positive in CY25, signaling strong momentum.

Corporate bond mutual funds invest at least 80% of their corpus in the papers of the highest-rated companies. This makes them relatively safer than other debt schemes such as credit risk funds. They are also safer than gilt funds and long term debt funds that are highly sensitive to interest rate changes in the economy.

We have collated a list of recommendations from top brokerage firms from ETNow and other sources:

Sectoral and thematic equity mutual funds, popular in 2024, are experiencing reduced investor interest due to volatile returns and increased risk. Net inflows have significantly decreased from an average of 15,340 crore to 1,408 crore monthly. Investors, possibly mis-sold and unaware of the risks, are liquidating holdings after market sell-offs, prompting caution from analysts regarding retail participation.

Indian markets rebounded on easing Middle East tensions and cooling crude oil prices. Analysts recommend buying Birlasoft, Newgen Software, and Aster DM Healthcare for potential short-term gains based on bullish technical setups and volume-supported breakouts.

The Nifty Auto index closed 0.97 per cent up at 23827.8.

Reliance Industries (RIL) shares, stagnant over the past year, may see renewed momentum with its Q1FY26 results, says CLSA. The brokerage expects notable KPI improvements across key segments and has reiterated an Outperform rating with a 14% upside and a target price of Rs 1,650, citing the start of an exciting period for Indias most valued company.

Japan's Nikkei share average reached a four-month high, boosted by chip-related stocks mirroring gains in the U.S. market. Advantest and Tokyo Electron significantly contributed to the Nikkei's rise, while SoftBank Group experienced a decline. Olympus shares plummeted following a U.S. import alert, and Toyota Motor also saw a decrease in its stock value.

On Tuesday, Nifty witnessed a gap-up opening, fueled by positive global cues and geopolitical optimism, maintaining a firm stance above 25,000. Despite some profit booking later, it closed with gains. Chandan Taparia suggests holding above 25,000 for further upward movement, with key support levels at 24,900 and 24,800.

Multi cap funds are gaining traction, with a corpus nearing Rs 1.75 lakh crore by May. Offering balanced exposure to large, mid, and small caps, they help investors benefit across market cycles. With Indias robust growth outlook and demographic edge, these funds offer a disciplined, diversified path to long-term wealth.