Baroda BNP Paribas Multicap Fund turned a Rs 10,000 monthly SIP into Rs 26.3 lakh in 22 years, crossed Rs 2,900 crore AUM, and delivered 15.24% CAGR, showcasing consistent long-term wealth creation.

Canara Robeco Flexi Cap Fund completed 22 years, turning a Rs 10,000 monthly SIP of Rs 26.4 lakh into Rs 1.79 crore, delivering 15.04% XIRR with consistent long-term wealth creation.

UPI daily limit: The National Payments Corporation of India (NPCI) has increased UPI transaction limits for specific categories, effective September 15, 2025.

Tata AIA Life Insurance has launched two new fundsSector Leaders Index Fund and Sector Leaders Index Pension Fundfocused on Indias top-performing companies, combining long-term wealth creation with life insurance protection. NFO closes on September 22.

ITR filing deadline: The government extended the ITR filing deadline to September 16, 2025, offering relief to taxpayers facing portal issues. While over 7 crore ITRs were filed, a significant number remained unverified by September 15, 2025. Taxpayers must e-verify their returns within 30 days of filing to avoid penalties and ensure their ITR is considered valid.

Baroda BNP Paribas Mutual Fund will merge two debt funds. Baroda BNP Paribas Banking and PSU Bond Fund will merge into Baroda BNP Paribas Short Duration Fund. The effective date is October 17, 2025. Unitholders can exit with no load from September 17 to October 16, 2025. Post-merger, existing unit holders will be allotted units in the surviving scheme.

Taxpayers who filed Income Tax Returns with errors have options. If the ITR isn't e-verified, it can be discarded and refiled. After e-verification, a revised return under Section 139(5) is necessary. The revision window closes on December 31, 2025. The one-day deadline extension helps those awaiting challan generation. Taxpayers can check challan status and file accurately.

With Rs 10 lakh in hand, I want to build a Rs 1 crore corpus in 10-12 years. How can I achieve this with equity investing?

The income tax return (ITR) filing deadline has been extended to September 16, 2025, offering taxpayers a chance to correct errors. Taxpayers can rectify mistakes by using options like editing, discarding, or filing a revised ITR depending on their filing status. However, belated ITR filers cannot switch between old and new tax regimes.

Income tax return deadline: Taxpayers faced persistent glitches on the Income Tax Department's portal despite the extended ITR filing deadline. Many users expressed frustration on social media, citing unresolved technical issues and questioning the effectiveness of the one-day extension.

Mutual funds increased their foreign equity holdings in August 2025, with several AMCs adding over Rs 100 crore each. SBI, ICICI Prudential, and Motilal Oswal were the top contributors, while eight other AMCs also raised stakes.

Tata Asset Management has secured IFSCA approval to introduce the Tata India Dynamic Equity Fund GIFT IFSC, featuring a minimum investment of USD 500. This fund provides global investors with a convenient avenue to engage with India's equity market and capitalize on the country's economic expansion.

Three mutual funds made complete exits from around five midcap stocks in August, according to a report by Nuvama Institutional Equities.

Little Pepe, a meme coin, concluded its Stage 12 presale early. It raised over $25 million. The coin operates on an Ethereum Layer-2 blockchain. Its presale saw increasing investor interest. Stage 13 will see a price increase. A $777,000 giveaway is underway. The coin offers staking rewards and sniper bot protection. NFTs and cross-chain compatibility are planned.

Shares of Redington Ltd surged 16% to a days high of Rs 280 on September 16, driven by excitement around the iPhone 17 launch, with sales starting September 19. The stock gained as the company manages the supply chain for Apple products, leveraging its long-standing partnership and handling logistics, warehousing, and distribution across India, the Middle East, Turkey, Africa, and South Asia.

In August 2025, MFs increased their investments in Automobiles, Technology, Consumer, and Media sectors, while reduced exposure to Private Banks, Healthcare, and Capital Goods. Automobiles, Media, Retail, and Technology saw the largest value increases during the month.

Parag Parikh Flexi Cap Fund is the largest active and flexi-cap fund in India based on assets under management, with a total AUM of Rs 1.15 lakh crore as of August 31.

ITR filing deadline: The Income Tax Department has extended the ITR filing deadline to September 16, 2025. Taxpayers missing this date can file a belated return until December 31, 2025, with a late fee.

Swiggy and Dixon Technologies may be upgraded to large-cap, while HDB Financial Services could enter the midcap segment in AMFIs February 2026 recategorisation, according to Navuma. Around 30 stocks, including NSDL and Vikram Solar, may move to smallcap, with new thresholds set for large- and mid-cap classifications.

Urban Companys shares will debut on September 17 after its 1,900-crore IPO was subscribed 103.6 times. Allotment status can be checked via MUFG Intime or BSE. The IPOs grey market premium of 52 suggests a potential listing gain of around 54%, though its subject to market fluctuations.

In a significant ruling, the Bombay High Court has denied a granddaughter's claim to her maternal grandfather's ancestral property, clarifying that such property is 'obstructed heritage' until the mother's death. The court emphasized that birthrights apply to paternal ancestral property, not maternal inheritances, and underscored the rights of daughters as coparceners under the Hindu Succession Act. Read more.

HDFC Balanced Advantage Fund strategically adjusted its portfolio in August, increasing its stake in Reliance Industries, Kotak Mahindra Bank, Interglobe Aviation, and ICICI Bank. Simultaneously, the fund reduced its holdings in Vishal Mega Mart and UPL. Aditya Infotech was a new addition, while exposure in 135 stocks, including Infosys and SBI, remained unchanged.

Gujarat Gas shares saw a rise as the company, along with GSPL and GSPC, seeks shareholder approval for its amalgamation scheme. The restructuring aims to simplify the holding structure and unlock value for shareholders. Technical analysis suggests short-term bullish undertones, while longer-term trends remain bearish, with investors closely monitoring the merger's progress.

Arbitrage funds are taxed like equity mutual funds. This means they qualify for long term capital gains tax of 12.5% if investments are held for more than a year. If investments are for less than a year, short term capital gains tax of 20% will be applicable.