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Personal Finance / The Economic Times

CAMSs technology and AI innovations powering exponential growth in mutual fund ecosystem

Computer Age Management Services Limited (CAMS), Indias largest registrar and transfer agent, has announced plans to catalyze the growth of the mutual funds industry by further bolstering its operating Infrastructure, talent and technological spine, according to a press release.

12 Nov 2025 3:19 pm
These 9 equity mutual fund categories receive inflow in October. Check details

Equity mutual fund inflows fell by nearly 19% in October to Rs 24,690 crore from Rs 30,421 crore in September, according to AMFI data. Flexi cap funds led with Rs 8,928 crore in inflows, while mid cap, small cap, and multi cap categories saw sharp declines. Sectoral and thematic funds were the only segments to register growth, while ELSS and dividend yield funds recorded outflows, indicating a cautious investor sentiment amid market volatility.

12 Nov 2025 3:14 pm
Family pension rules: Should daughter's name be deleted from family details of pensioner? Centre clarifies

Central government employees and pensioners must include all family members' details, including daughters, for pension records. The Department of Pension and Pensioners' Welfare has clarified this rule. Eligibility for family pension will be determined later based on existing rules. This ensures accurate record-keeping and fair pension distribution.

12 Nov 2025 2:55 pm
7 mid cap stocks not held by mutual funds in September quarter. Check details

Seven mid-cap stocks, including Indian Overseas Bank, were not held by mutual funds in the September quarter. According to Ventura's analysis, fund managers made prudent decisions on six of these stocks.

12 Nov 2025 2:42 pm
Inflows in gold ETFs decline 7% to Rs 7,743 crore in October. Is investor interest fading?

Gold ETF inflows dipped 7% to Rs 7,743 crore in October, following a record September surge, yet experts say the momentum signals investors steady preference for gold as a safe-haven and portfolio diversifier amid global volatility, inflation worries, and persistent geopolitical risks.

12 Nov 2025 2:29 pm
Japan's Nikkei rises as SoftBank Group trims losses; Topix hits new high

Japan's Nikkei share average rose on Wednesday, extending gains after SoftBank Group trimmed losses, while Sony Group helped the broader Topix to close at a fresh high on a robust annual profit forecast.

12 Nov 2025 1:43 pm
Mutual fund SIP stoppage ratio at 75% in October, contributions hit record Rs 29,529 crore

Monthly mutual fund SIP contributions hit a record Rs 29,529 crore in October, while the SIP stoppage ratio eased to 74.85% from Septembers 76.27%. New SIP registrations rose to 60.25 lakh against 57.73 lakh in September, with 45.10 lakh SIPs discontinued or completed.

12 Nov 2025 12:40 pm
Lower home loan EMIs ahead: This PSU bank has cut lending rates across tenures by 5 bps

Canara Bank has reduced its Marginal Cost of Funds Based Lending Rates (MCLR) by 5 basis points across all tenures, effective November 12, 2025. This move is expected to lower EMIs for borrowers with floating rate loans. In contrast, Bank of Baroda and IDBI Bank have maintained their MCLR rates unchanged.

12 Nov 2025 12:37 pm
Sunil Singhanias Abakkus Mutual Fund files draft document with Sebi for its maiden offering, a liquid fund

Sunil Singhania's Abakkus Mutual Fund has filed a draft with SEBI for its first offering, the Abakkus Liquid Fund. This open-ended scheme aims to generate optimal returns with moderate risk and high liquidity by investing in debt and money market instruments with maturities up to 91 days. The fund house also has a flexi-cap fund pending approval.

12 Nov 2025 12:26 pm
Wife gets job on compassionate grounds, leaves in-laws ; Court orders Rs 20,000 monthly support to father-in-law

Wife took nearly 70% of late husbands provident fund and also got his job on compassionate grounds, abandons his parents within 18 days, re-marries and leaves house; High Court orders a portion of her salary be deducted and put in in-laws a/c. Read below to know why the wife lost this case.

12 Nov 2025 11:47 am
AMFI Data: Sectoral and thematic mutual fund inflows jump 12% in October, lead NFO collections

Sectoral and thematic mutual fund inflows rose nearly 12% in October. These funds became top contributors to new fund offer collections. Experts note investor interest in sectors like financial services and manufacturing. This trend reflects prevailing sentiment and policy-linked themes.

12 Nov 2025 11:12 am
Retired employee denied tax exemption on Rs 13 lakh leave encashment, ITAT Jaipur restores tax benefit under new Rs 25 lakh limit

A retired State Bank of India employee from Jaipur won a tax case. The Income Tax Appellate Tribunal ruled in his favor, increasing his leave encashment exemption to Rs 25 lakh. This decision overturns previous orders from the income tax department and CIT(A). The tribunal applied a new CBDT notification retrospectively. The Assessing Officer will now implement the revised limit.

12 Nov 2025 11:10 am
Infosys, TCS, and other IT stocks in focus as Trump signals softer stance on H-1B visas

U.S. President Donald Trump acknowledged the countrys need for skilled foreign workers, even as his administration moved to tighten visa regulations impacting global tech firms. In a Fox News interview, Trump was questioned about the future of H-1B visas and whether his administration planned to deprioritize them, according to Bloomberg.

12 Nov 2025 9:46 am
Best focused mutual funds to invest in November 2025

According to Sebi norms, focused equity mutual fund schemes must invest in a portfolio of maximum 30 stocks. These schemes have no other restrictions when it comes to investing- like flexi cap schemes they can invest in any market capitalisations and sectors. If that investment strategy appeals to you, you can get to know more about focused equity schemes.

12 Nov 2025 9:36 am
Life Certificate guidelines for NRIs: How non-resident Indian pensioners can submit their Jeevan Pramaan Patra online and offline

All government pensioners, including NRIs, must submit an annual life certificate in November to continue receiving their pension. Senior citizens over 80 started this process in October 2025. NRI pensioners can submit this certificate online or offline through authorized agents, Indian Embassies/Consulates, or via biometric authentication.

12 Nov 2025 9:29 am
Can your health insurer use the material change clause to raise premiums or reject claims? Know your rights

Health insurance policy renewals are standard. However, some health insurance companies are introducing a 'Material Change' clause in their health policies, prompting policyholder concerns. This clause allows insurers to alter premiums and policy terms. Experts suggest this may conflict with IRDAI regulations. Read on to find out how you can handle such situations and understand your rights under IRDAI regulations.

12 Nov 2025 9:00 am
Do you need to pay income tax if you withdraw your Employees' Provident Fund before 5 years of service?

EPF withdrawals are generally tax-free after five years of service. However, withdrawals before this period may attract tax. Certain conditions allow for tax-free withdrawals even with less than five years of service. Transferring EPF to a new account is advised for members leaving employment before completing five years.

12 Nov 2025 8:00 am
Why mutual funds IPO bets are facing investor scrutiny

Mutual funds invest in IPOs as Qualified Institutional Buyers (QIBs) and anchor investors, securing higher allotment certainty. While no specific restrictions exist beyond SEBI guidelines, fund managers justify IPO investments for diversification and exposure to new models. However, recent criticism targets funds for investing in overpriced IPOs, potentially compromising fiduciary duty and passing on risks to retail investors.

12 Nov 2025 6:13 am
Should investors hold or book profit after Growws listing?

Groww's parent company, Billionbrains Garage Ventures, is set for its stock market debut. Analysts predict a modest listing, but advise investors to hold shares for long-term growth. The company has shown strong revenue expansion and profitability. Investors are encouraged to consider buying on any post-listing dips. This move is seen as suitable for those with a longer investment horizon.

12 Nov 2025 5:42 am
October sees 19% drop in equity MF inflows amid market uncertainty

Equity mutual fund inflows dipped 19% in October to 24,690 crore as investors adopted a cautious stance amid market uncertainty. While SIPs saw a marginal rise, debt funds attracted 1.60 lakh crore, primarily driven by liquid and overnight schemes. Hybrid categories also witnessed increased inflows, signaling a focus on diversification and risk management.

12 Nov 2025 5:33 am
Large, mid, and small-cap funds see decline in inflows in October. Is investor sentiment cooling?

Despite Octobers market rally, mutual fund inflows across large, mid, and small-cap categories fell sharplyup to 58%as investors booked profits and shifted to safer or diversified funds amid valuation worries and market volatility.

11 Nov 2025 4:34 pm
NFO Update: PGIM India Mutual Fund launches Multi Asset Allocation Fund

PGIM India Mutual Fund has launched a new investment scheme, the PGIM India Multi Asset Allocation Fund. This fund aims for long-term capital growth by investing across equity, debt, gold, silver, REITs, and InvITs. The fund offers investors a diversified approach to navigate market cycles and capture opportunities.

11 Nov 2025 3:27 pm
Pension, service gratuity rules for govt servants: Centre explains entitlement for employees facing compulsory retirement

The Department of Pension and Pensioners Welfare has clarified pension and service gratuity entitlements for government employees facing compulsory retirement. Employees with at least 10 years of qualifying service will receive a compulsory retirement pension, while those with less than 10 years will be eligible for a service gratuity, as per the Central Civil Services (Pension) Rules, 2021.

11 Nov 2025 2:49 pm
NFO Alert: HDFC Mutual Fund launches HDFC BSE India Sector Leaders Index Fund

HDFC Mutual Fund launched the HDFC BSE India Sector Leaders Index Fund, an open-ended scheme tracking Indias top three companies by market cap in over 20 sectors, offering diversified leadership exposure.

11 Nov 2025 2:14 pm
I invest Rs 25,000 per month in 6 mutual funds. How many funds should I retain to de-clutter my portfolio?

ET Wealth Reader's Query: I invest Rs 25,000 per month across six equity mutual funds through SIPs. Lately, I feel the portfolio has become cluttered. How many funds should I retain for diversification?

11 Nov 2025 1:36 pm
PPFAS Mutual Fund wants to launch large cap fund. Neil Parikh explains why

PPFAS Mutual Fund is launching a new large-cap fund. The fund house will only introduce new products under specific conditions. The chairman highlighted that simplification, differentiation, and personal investment excitement drive this launch. More details will be shared at the unitholders' meeting on November 22, 2025. This fund aims for long-term wealth creation.

11 Nov 2025 12:58 pm
New NPS Corporate Model rules: PFRDA revises employer, employee provisions for NPS pension funds, investment choices

Pension regulator PFRDA announces pension rules: New PFRDA guidelines have streamlined the process of selecting pension funds and investment plans for the Corporate NPS. Now, both parties will work hand-in-hand to make informed choices, ensuring decisions are agreed upon and revisited annually. Plus, employees can opt for extra voluntary investments.

11 Nov 2025 12:24 pm
AMFI Data: Mutual fund SIP inflows inch up 1% to Rs 29,529 crore in October

Mutual fund SIPs saw a small rise in October. However, equity mutual fund inflows dropped significantly. This happened even as the Nifty 50 and BSE Sensex indices gained ground. Investors are showing mixed trends in their investment patterns. The market continues to evolve with these shifts.

11 Nov 2025 12:15 pm
Landlord wins eviction case against tenant who stopped paying rent since 2014 and sub-let property in 2021: Himachal Pradesh High Court order

A landlord in Shimla successfully evicted tenants who defaulted on rent since 2014 and illegally sublet the property in 2021. The Himachal Pradesh High Court upheld the eviction, finding a partnership deed was used to camouflage the subletting and secure monthly income for the tenants. The court found no perversity or illegality in the lower courts' concurrent findings.

11 Nov 2025 12:11 pm
AMFI Data: Equity mutual fund inflows slide 19% in October to Rs 24,691 crore

Equity mutual fund inflows dropped in October by 19%. This happened even as Nifty 50 and BSE Sensex gained. Flexicap funds attracted the most money. Mid-cap and small-cap funds saw lower inflows. Dividend yield and ELSS funds experienced outflows. Debt funds reported substantial inflows, reversing previous withdrawals. Liquid funds led the debt category inflows.

11 Nov 2025 11:49 am
Asian Paints Q2 Preview: Revenue seen flat, profit subdued as extended rains hit demand

Asian Paints is expected to post a muted Q2 performance as extended monsoons and weak demand hurt sales. Revenue is likely to stay flat year-on-year, while profit may rise just 1%. Lower raw material costs should cushion margins, but higher trade spends and an unfavourable product mix may limit upside, say analysts.

11 Nov 2025 11:45 am
IndusInd Bank looks to claw back salary, bonuses of former top officials, sources say

IndusInd Bank has initiated a process to recover salary and bonuses from its former CEO Sumant Kathpalia and deputy CEO Arun Khurana after an internal review found misconduct and misreporting linked to a $230 million accounting hit from derivative trades earlier this year.

11 Nov 2025 11:36 am
Buyer of bank auctioned property discovers massive unpaid bills, files case against bank but gets no relief in HC; lessons for buyers

A homebuyer lost a case in the Allahabad High Court after discovering unpaid water and RWA maintenance bills on a property bought via bank e-auction. The court stated that buyers must verify all dues before bidding. The bank sold the property on an 'as is where is' basis. The buyer's responsibility was to conduct due diligence.

11 Nov 2025 11:23 am
Rs 10 lakh penalty for genuine taxpayers making inadvertent reporting errors; why Black Money Act needs changes

The Black Money Act's strict penalties, including a Rs 10 lakh fine, are unfairly penalizing honest taxpayers for inadvertent reporting errors. The dual use of 'may' and 'shall' creates ambiguity, leading to mandatory penalties even for minor oversights. Experts urge legislative reforms for clarity, fairness, and proportionality, advocating for a 'reasonable cause' defense to distinguish genuine mistakes from wilful evasion.

11 Nov 2025 11:13 am
HDFC Defence Fund increase stake in Bharat Forge, Eicher Motors and 1 other, trims exposure in 4 stocks in October

HDFC Defence Fund adjusted its holdings in October. The fund increased its investment in Bharat Forge, Eicher Motors, and Astra Microwave Products. It also reduced its stake in BEML, Dee Development Engineers, Avalon Technologies, and JNK India. A complete exit was made from Techno Electric & Engineering Company. The fund's assets under management grew to Rs 7,556 crore.

11 Nov 2025 10:54 am
Buying land? Why your dream plot could turn into a tax nightmare and how to avoid it

Many people are receiving unexpected income tax notices questioning how they funded their land purchases. As the tax department has access to data related to property registrations, a simple mismatch between your purchase price and declared income can trigger investigations. Here's what's happening and how to save yourself from penalties.

11 Nov 2025 10:30 am
Kotak Mahindra Bank is charging Rs 0.15/sms if you fail to maintain this minimum balance in your account

Kotak Mahindra Bank will implement an SMS fee of Rs 0.15 per transaction alert starting December 1, 2025, with a free limit of 30 alerts monthly. This charge applies to various account activities like UPI transfers and ATM withdrawals. However, customers maintaining a minimum balance of Rs 10,000 (or Rs 5,000 for 811 accounts) will be exempt from this fee.

11 Nov 2025 9:58 am