This additional expense, introduced to offset the impact of crediting exit loads back to schemes, was first set at 20 bps in 2012 and later reduced to 5 bps in 2018. The additional expense of 5 bps that mutual fund schemes were allowed to charge was transitory in nature, Sebi noted

Income tax refunds for the 2025-26 assessment year are being credited. Some taxpayers are still waiting for their refunds. The CBDT Chairman explained that delays occur due to reviews of deduction claims. Taxpayers can check their refund status online. Incorrect bank details or ITR errors can also cause delays. The department aims to release remaining refunds soon.

A financial expert guides late-40s investors on planning for childrens education and weddings over 15 years, highlighting inflation impact, equity mutual fund suitability, expected returns, and diversified portfolio strategy

PM Kisan 21st instalment: Prime Minister Narendra Modi released the 21st PM Kisan instalment in Coimbatore. He transferred Rs 18,000 crore to 9 crore farmers. The scheme provides Rs 6,000 annually to eligible farmers. Beneficiaries can check their names on the official PM Kisan portal. eKYC is mandatory for receiving payments.

Several major AMCs, including SBI, ICICI Prudential, HDFC, Nippon India, and JioBlackRock, recorded strong AAUM inflows in October, while six mutual funds experienced monthly outflows.

To ensure the integrity of tax collection, the GST department can provisionally seize a taxpayer's bank account. This precaution is crucial during probes into suspected tax evasion or fraudulent practices, often linked to bogus Input Tax Credit claims or overdue GST payments. Taxpayers are entitled to challenge these measures and request the unlocking of their funds.

The fund house with Rs 1.38 lakh crore AUM shared top holdings, led by HDFC Bank and ICICI Bank, with most weights slightly changing while Infosys and Swiggy remained unchanged overall.

Four major mutual fund houses HDFC MF, SBI MF, Nippon India MF and Quant MF fully exited seven midcap stocks in October, including IREDA, Tata Elxsi, Aurobindo Pharma, JSW Infra, Biocon and Oil India.

In October, the Capitalmind Flexi Cap Fund strategically reshaped its portfolio by divesting from Cartrade Tech, HCL Technologies, and Hitachi Energy India, while welcoming new additions like Bharat Electronics, City Union Bank, and Force Motors. The fund adjusted its stakes, increasing exposure in 22 stocks and reducing it in 2, resulting in a total AUM of Rs 185.87 crore.

A Bengaluru homebuyer has won a significant victory against a builder. After a lengthy delay in getting possession of their apartment, the homebuyer took the builder to Karnataka RERA. The authority has now ordered the builder to pay Rs 29 lakh plus interest. This decision highlights consumer rights and builder accountability in real estate.

PM Kisan 2000 instalment release today: The much-anticipated 21st instalment of PM Kisan will be disbursed today on November 19, 2025. Eligible participants will see Rs 2,000 deposited directly into their bank accounts. To access these funds, it's essential for all registered farmers to finish their e-KYC, accessible through OTP or biometric means.

Sovereign Gold Bond: The issue price of SGB 2020-21 Series-II-issue date November 18, 2020 during the subscription period was Rs 4,590 per gram for offline investors. Online investors received a discount of Rs 50 per gram when applied and paid through digital mode.

The Wealth Company Mutual Fund has launched a new multi-asset allocation fund, aiming to navigate market volatility by dynamically investing across equity, debt, and commodities. Experts highlight its hybrid-like structure and flexibility in commodity allocation as key differentiators, offering potential for better risk-adjusted returns.

Conservative hybrid mutual funds are the entry to the world of hybrid funds. These schemes invest mostly in debt and a small percent in equity. As per the Sebi norms, conservative hybrid schemes must invest 75-90% in debt instruments and 10-25% in stocks.

Employee unions are pushing for changes to the 8th Pay Commission's Terms of Reference. Key demands include pension revisions for pensioners and family pensioners. They also seek the restoration of the old pension scheme and interim relief for employees due to a delay in the 8th CPC formation. Benefits of the 8th Pay Commission should extend to autonomous and statutory bodies, writes the employees' body in a letter to Prime Minister Narendra Modi.

Fund of Funds (FoFs) are gaining traction among DIY investors due to their ease of investing, diversification, and favorable tax treatment. These schemes invest in other mutual funds, offering a single NAV and professional management. Equity-oriented FoFs provide tax efficiency with a 12.5% LTCG tax after 24 months.

The Nifty and Sensex ended their six-day winning run amid selling in IT, FMCG, and pharma stocks. Several counters saw sharp swings, including strong debuts by Groww and Physicswallah, a surge in GMR Airports, and declines in Paytm, Kaynes Technology, and TARIL.

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.

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, 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 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 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.

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.

5 best performing India-focused offshore equity funds and ETFs in 1 year. Check details

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.

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.

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.

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?

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.

Balanced advantage funds decide their equity exposure depending on key market ratios or in-house parameters. They invest less in stocks when the market is very high or valuations are stretched. They invest more in equity when stocks are available at attractive valuations. In short, BAFs do the job of juggling equity exposure for investors.

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.

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 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.