SENSEX
NIFTY
GOLD
USD/INR

Weather

image 32    C

The Economic Times

Personal Finance / The Economic Times

Best mid cap mutual funds to invest in September 2026

Mid cap schemes invest in mid cap stocks or in stocks of medium-sized companies. As per Sebi norms, the mid cap mutual funds are mandated to invest in companies that are between 101 and 250 in the market capitalisation. These companies can be leaders of tomorrow. Thats what makes them great bets. If these companies live up to the promise, the market will reward the investors handsomely.

4 Sep 2026 9:23 am
8th Pay Commission: Can Level 5 employees get up to Rs 15,800/month extra HRA under 8th CPC?

Employee associations are advocating for increased House Rent Allowance (HRA) rates for central government employees, aiming to tackle escalating rental prices in metropolitan areas. These suggestions have been forwarded to the 8th Pay Commission for evaluation. If accepted, Level 1-5 employees could see considerable boosts in their monthly HRA. The definitive report from the 8th Pay Commission will ultimately decide the revised HRA rates.

4 Sep 2026 8:32 am
Employee showed Rs 9.6 lakh EPF interest in ITR by mistake, got income tax notice: He fought and got full relief in ITAT Mumbai

Income Tax Dept sent tax notice for Rs 9.6 lakh EPF interest which employee never received but erroneously shown in ITR as received; he fights and wins case in ITAT Mumbai. This judgement was delivered by Challa Nagendra Prasad, the Judicial Member, and Makarand Vasant Mahadeokar, the Accountant Member of ITAT Mumbai.

4 Sep 2026 8:27 am
Janmashtami bank holiday today: Are banks open or closed today on September 4, 2026, in your state? Check state-wise holiday list

Bank holidays in India vary from state to state as they are based on local festivals and occasions. All scheduled and non-scheduled banks will observe public holidays on the second and fourth Saturdays along with Sundays and other regional holidays.

4 Sep 2026 7:00 am
REITs and InvITs: Despite tax-free dividends, non-resident investors may need to file ITR to claim a refund of TDS

The Taxation and Other Laws (Amendment) Act, 2026 addresses existing dividend tax discrepancies for unitholders by granting unconditional exemptions. Despite this, the established withholding tax regulations for BTs have not been modified, leading to possible inconsistencies. Non-resident investors may need to submit tax returns to retrieve withheld taxes, highlighting the need for a future alignment of withholding practices with the new exemption framework.

4 Sep 2026 7:00 am
Sebi plans net settlement for mutual fund trades in cash market

Sebi proposed allowing net fund settlement for mutual fund cash market trades. This move aims to ease temporary liquidity pressures and improve settlement efficiency. Mutual funds can now net purchase and sale funds within the same settlement cycle. Securities settlement will continue on a gross, delivery basis under the new proposal. This change addresses market participant feedback regarding liquidity and operational inefficiencies.

4 Sep 2026 6:38 am
PFRDA proposes 10 key changes to PoP rules: What NPS subscribers need to know

The PFRDA has unveiled ten significant proposals aimed at reforming its Points of Presence rules to enhance the pension service landscape. These updates intend to streamline the onboarding process for subscribers while introducing fresh eligibility standards to include a wider range of entities as Points of Presence. Additionally, an annual fee structure will be implemented, and pension agents will receive a new designation.

3 Sep 2026 6:02 pm
Sebi proposes net fund settlement for mutual fund cash-market trades

Sebi has proposed allowing mutual fund schemes to settle cash-market fund obligations on a net basis for eligible outright transactions. The move could ease temporary liquidity pressures and reduce funding needs, particularly during index rebalancing or large inflows and outflows. Securities will continue to be settled on a gross delivery basis.

3 Sep 2026 5:50 pm
Aditya Birla Sun Life Flexi Cap Fund turns Rs 10,000 monthly SIP to over Rs 7 crore in 28 years

Aditya Birla Sun Life Flexi Cap Funds Rs 10,000 monthly SIP grew to Rs 7.25 crore from Rs 33.50 lakh invested since 1998, delivering 17.92% SIP returns and a 20.77% CAGR, outperforming the Nifty 500 TRI with active, flexible portfolio management.

3 Sep 2026 5:16 pm
EPF vs NPS: Rs 10,000/monthly investment in each; where you may get a higher retirement corpus?

The National Pension System (NPS) and the Employee Provident Fund (EPF) both serve unique purposes for retirement planning. The ultimate financial growth from these investments significantly relies on future market performance, allowing both options to potentially build substantial wealth over time.

3 Sep 2026 4:17 pm
Beyond Stocks and Bonds: Rethinking wealth creation with alternative assets

ET Alpha Summit 2.0 will bring together leading investment voices to explore how niche alternative assets could shape the next phase of multi-generational wealth creation. The masterclass will examine emerging opportunities, onshoring trends and structural shifts, while weighing return potential against risk, complexity and liquidity.

3 Sep 2026 4:15 pm
Quant Small Cap and Invesco India Mid Cap among 5 equity funds that deliver over 20% SIP returns in a decade

Five equity mutual funds delivered over 20% annualised SIP returns over the past 10 years. Quant Small Cap led with 24.7%, followed by Nippon India Small Cap at 21.6%, while three midcap funds also crossed the 20% mark.

3 Sep 2026 4:14 pm
Jindal Worldwide shares jump 20% to hit upper circuit, up 66% in 2026; check whats driving the rally

Jindal Worldwide shares hit a 52-week high and upper circuit after subsidiary Jindal Mobilitric announced plans to expand its retail network to around 100 showrooms by FY28. The EV expansion has driven strong investor interest, with shares gaining 66.28% year-to-date.

3 Sep 2026 4:10 pm
Rs 34.8 lakh difference in price and stamp duty added to husband's income for taxation despite a jointly owned property - ITAT Mumbai calls it 'not justified'

A husband and a wife bought a flat jointly for Rs 60 lakh, however, the stamp duty value stood at Rs 94.8 lakh, leading to a difference of Rs 34.8 lakh. The amont was added to the husband's income alone by the tax office, despite him having a lower ownership in the property. ITAT Mumbai has delivered a ruling which could have significant takeaways for property owners.

3 Sep 2026 3:48 pm
Can an NRI be a nominee for PPF, NSC or SCSS? Heres what happens to the money after the account holder dies

NRIs can now be nominees for India's small-savings schemes like PPF and NSC, a change from 2023. While they can receive proceeds, repatriation abroad is restricted and subject to FEMA and banking rules, typically requiring crediting to an NRO account first. Understand the nuances before naming an NRI nominee.

3 Sep 2026 3:13 pm
Wife accused husband working abroad of cruelty over sons maintenance; Kerala HC cancelled complaint on this ground

Wife accused husband of not providing basic needs and maintenance for their 16-year-old son while he was working abroad. She had initially filed a complaint with the Judicial Magistrate first class in Changanacherry. The husband won the case in Kerala High Court. Read the article to know how.

3 Sep 2026 2:56 pm
Looking for best mutual funds to invest in September? Parag Parikh Flexi Cap, Kotak Midcap among top 10 picks

Choosing the right mutual fund requires more than simply picking schemes with strong past returns. ETMutualFunds has shortlisted 10 funds across five equity categories based on mean rolling returns, consistency, downside risk, outperformance and asset size, while considering investors goals, investment horizon and risk profile.

3 Sep 2026 2:35 pm
37 equity mutual funds deliver over 100% returns in 5 years. Are any of these part of your portfolio?

In an impressive performance, approximately thirty-seven equity mutual funds have surpassed the remarkable milestone of one hundred percent returns. The Motilal Oswal Midcap Fund stands out, boasting gains of one hundred fifty-nine percent. This surge is notably driven by mid and small cap funds, reflecting a broad trend of strong double-digit returns across diverse equity fund categories during this period.

3 Sep 2026 2:30 pm
Gold rate today (September 3, 2026): Check 24k, 22k, 20k, 18k gold jewellery prices from Malabar Gold & Diamonds, Joyalukkas, Kalyan Jewellers, Tanishq & IBJA in Delhi, Mumbai, Hyderabad & more cities

Here are the latest 22k gold jewellery rates from from Malabar Gold & Diamonds, Joyalukkas, Kalyan Jewellers and Tanishq in New Delhi, Mumbai, Chennai, Kolkata, Trivandrum and Bengaluru. Also see the latest 24k , 22k, 20k, 18k and 14k gold prices and the 999-purity silver rate from the Indian Bullion & Jewellers Association (IBJA) today.

3 Sep 2026 2:01 pm
Easier job posting for husband and wife at the same place? Railway Board explains spouse-posting rules for employees

The Railway Board has introduced updated regulations aimed at promoting family welfare by facilitating postings for employees with spouses. This initiative allows for couples working within the railways or related government sectors to be stationed together whenever possible. However, the availability of posts and administrative feasibility remain crucial factors influencing these placements.

3 Sep 2026 1:56 pm
Supreme Court dismisses Sebis plea against NSE: Report

In a pivotal ruling, India's supreme court has dismissed the regulatory challenges raised by market authorities against the National Stock Exchange. This verdict eliminates a major hurdle for the exchange's initial public offering, addressing previous controversies over co-location and dark fibre allegations. CNBC TV-18 provided coverage of this significant development on Thursday, paving the way for the IPO to proceed.

3 Sep 2026 1:50 pm
PTC India, Coal India among 10 stocks offering dividend yields of up to 10%

According to a September report by Religare Broking, these 10 companies across power, mining, finance, IT and energy offered dividend yields ranging from 3.3% to 9.7%.

3 Sep 2026 1:42 pm
Gold may shine as global rates turn softer, silver may stay volatile : Emkay Wealth Management

Gold and silver remain attractive despite recent profit booking, supported by central bank demand and expectations of softer global interest rates. While gold could see further upside, silver is likely to remain more volatile. Heres a look at the outlook for both precious metals and how gold and silver investment products have performed.

3 Sep 2026 1:39 pm
International funds outperform domestic peers as subscriptions resume. Should investors increase global allocation?

International mutual funds have outperformed domestic peers across multiple time horizons, prompting investors to reassess overseas allocations. With some fund houses resuming subscriptions after earlier restrictions, experts recommend staggered investing rather than market timing. They favour international exposure for diversification, currency hedging and access to global sectors, while cautioning against chasing recent returns and recommending disciplined, strategic asset allocation.

3 Sep 2026 12:26 pm
SBI ATM rules set to change from October 1, 2026: Free ATM transaction limit for these account holders cut from 10 to 5

Beginning October 1, 2026, State Bank of India will implement a change in its policy regarding free ATM transactions for salary account holders. These customers will be limited to five free withdrawals each month; any transactions beyond that will incur charges.

3 Sep 2026 12:22 pm
Best large cap mutual funds to invest in September 2026

According to the Sebi mandate, the large cap mutual funds are mandated to invest in top 100 companies by market capitalisation. Large companies fare better in a volatile market as these companies may be market leaders and resilient to downturns. That is why if you are looking for a relatively safer mutual fund category, you should consider investing in large cap funds.

3 Sep 2026 9:28 am
Thinking of guaranteeing a loan? Think again; heres how your credit score could suffer if the borrower defaults

Becoming a loan guarantor creates significant financial and credit obligations for individuals. The guaranteed loan appears on your credit report and affects borrowing capacity. Borrower defaults can negatively impact your credit score and future loan access. Lenders can pursue guarantors directly for the full loan amount. Carefully review all loan and guarantee documents before agreeing to become a guarantor.

3 Sep 2026 9:26 am