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The Economic Times

Personal Finance / The Economic Times

Can NRIs invest in sovereign gold bonds? What the latest SGB investment rules say

Sovereign gold bonds: Non-Resident Indians cannot invest in Sovereign Gold Bonds currently. However, existing bondholders can continue holding them until maturity. NRIs can invest in physical gold and digital gold options. These include gold mutual funds and gold ETFs. A demat account is required for digital gold investments.

27 Aug 2026 5:27 pm
Mutual fund NFOs: 12 funds open for subscription now. Check key details

Around 12 mutual funds are currently open for subscription across categories such as life-cycle, multi-asset, multi-cap, flexi-cap and sectoral funds. ICICI Prudential Mutual Fund has the highest number of new offerings, while several other fund houses have also launched schemes with subscription deadlines ranging from August 28 to September 10.

27 Aug 2026 3:49 pm
Edelweiss Mid Cap among 5 midcap funds that delivered up to 25% CAGR in 3 years. Check details

Five midcap MFs have delivered impressive annualised returns of over 22% in the past three years, with HSBC Midcap Fund topping the list at 24.8%. Invesco India Mid Cap, ICICI Prudential Midcap, WhiteOak Capital Mid Cap and Edelweiss Mid Cap also posted strong double-digit gains, while several other funds delivered comparatively lower returns of 11.6%-13.6%.

27 Aug 2026 3:43 pm
India Incs revenue growth to moderate to 13-15% in Q2 FY27; margins under pressure: ICRA

India Incs revenue growth is expected to moderate to 13-15% in Q2 FY27 from 21.3% in Q1, ICRA said. Higher input costs could squeeze margins, while domestic consumption supports growth and weak global demand pressures export-oriented sectors.

27 Aug 2026 3:42 pm
Sensex sharply tumbles 500 points on first monthly expiry after CAS, Nifty closes below 24,100. What lies ahead?

Indian equities fell sharply on Thursday, erasing gains during the first monthly expiry under the new closing auction session. Sensex dropped 539 points, or 0.7%, while Nifty declined 117 points, or 0.48%. HDFC Bank and NTPC led losses, while Kotak Mahindra Bank, ICICI Bank and Tech Mahindra gained.

27 Aug 2026 3:38 pm
13 midcap stocks deliver over 25% profit growth for two straight quarters; shares surge up to 118%

Thirteen BSE midcap stocks delivered over 25% year-on-year profit growth for two consecutive quarters and gained 40%-118% over the past year, signalling strong earnings momentum and investor interest.

27 Aug 2026 3:26 pm
Are CGHS centres closed from August 27-31, 2026? Ministry responds as confusion prevails

A fake notice falsely claimed CGHS wellness centres closure due to NEET-PG examination duties. The Directorate of CGHS and PIB Fact Check have denied the authenticity of this notice. Beneficiaries are advised to rely only on official CGHS communication channels. Necessary arrangements will ensure uninterrupted services for all CGHS members.

27 Aug 2026 3:08 pm
Want to build a passive portfolio? Know whether ETFs or index funds are better for you

ETFs and index funds offer low-cost passive investing but differ in trading, liquidity, costs and SIP convenience. Heres how investors can choose between the two based on their needs.

27 Aug 2026 2:38 pm
Court evicts son from flat for neglecting parents: Can he still claim inheritance rights?

Does the son have any inheritance right over parents property if he failed to take care of parents and court orders eviction? Know what law says. Read the article.

27 Aug 2026 2:32 pm
Top 3 SIFs account for 70% of industrys AUM in July; Edelweiss Altiva leads the pack

The industry currently has 30 live SIF platforms with total assets of Rs 23,177 crore

27 Aug 2026 2:11 pm
Gold rate today (August 27, 2026): Check 24k, 22k, 20k, 18k gold jewellery prices from Malabar Gold & Diamonds, Joyalukkas, Kalyan Jewellers, Tanishq & IBJA in Delhi, Mumbai, Hyderabad & more cities

On August 27, 2026, gold prices dipped significantly across major Indian jewelry brands, including Tanishq, Malabar Gold & Diamonds, Joyalukkas, and Kalyan Jewellers, reflecting a decline from yesterday's trading. The Indian Bullion and Jewellers Association (IBJA) also reported reduced gold and silver rates. Customers should be mindful of GST and making charges when they plan to buy gold jewelry.

27 Aug 2026 1:25 pm
EPF calculator: Basic pay Rs 50,000? In how many years can you build Rs 2.23 crore retirement corpus?

The Employees Provident Fund serves as a robust mechanism for building long-term savings through consistent contributions and the magic of compound interest. Factors like annual salary hikes and stable interest rates greatly influence the total savings, while optional contributions can further bolster retirement finances.

27 Aug 2026 12:58 pm
12 equity mutual funds turned Rs 10,000 SIP into over Rs 11 crore since their inception. Do you own any?

Around 12 equity mutual funds turned a Rs 10,000 monthly SIP into more than Rs 11 crore since their respective inceptions, an ETMutualFunds analysis showed. Among around 305 equity funds analysed, 110 turned the same monthly SIP into more than Rs 1 crore, with Nippon India Growth Mid Cap Fund topping the list at Rs 29.32 crore.

27 Aug 2026 12:49 pm
NFO Insight: The Wealth Company Multi Cap Fund opens for subscription. Where are best opportunities across market caps?

The Wealth Company Mutual Fund has launched its new multi-cap fund, which mandates at least 25% allocation each to large-, mid- and small-cap stocks. Experts say the funds performance will depend on stock selection and portfolio construction, while investors should consider their risk appetite, investment horizon and overall market-cap allocation.

27 Aug 2026 12:33 pm
Best short duration mutual funds to invest in August 2026

According to the Sebi mandate, short duration funds can invest in debt instruments which have maturity between one and three years. That means these schemes are meant for short-term investments of up to three years or more.

27 Aug 2026 9:21 am
Jeevan Pramaan Patra submission for NRI pensioners: 6 problems NRIs may face while submitting their life certificate and what they should do

Life certificate: Non-Resident Indians are facing significant hurdles in submitting their Jeevan Pramaan digitally. Issues such as Aadhaar authentication failures and mobile number complications obstruct online life certificate submissions.

27 Aug 2026 9:00 am
Hybrid SIFs blend tax efficiency and flexibility, creating unique investment opportunities

Specialised investment funds are changing wealth manager portfolio structures. Hybrid SIF strategies are increasingly included in allocations. These funds offer tax efficiency and differentiated investment approaches. Wealth managers suggest these funds complement core portfolios for investors. SIFs provide flexibility through various investment strategies.

27 Aug 2026 6:20 am
Tax notice in a deceased person's name? Don't ignore it; here's what legal heirs should do

Did someone close to you leave behind unresolved tax responsibilities? Explore how heirs can address income tax notices, file overdue returns, and handle outstanding dues. Familiarize yourself with the circumstances that make a notice valid, your duties, and strategies to shield yourself from personal liability. Keep tax issues from becoming a lasting burden after a loved one's passing.

26 Aug 2026 4:32 pm
8th Pay Commission calculator: Why central govt pensioners seek 15-year commuted pension rule change

8th Pay Commission latest news: Pensioners under the central government are advocating for a quicker restoration of their commuted pensions. Various employee and pensioner associations are pushing the 8th Pay Commission to reassess this lengthy period. They contend that existing regulations rely on obsolete financial statistics and demographic trends, emphasising the financial benefits that a shorter restoration period could provide. This initiative seeks to update pension protocols to reflect c

26 Aug 2026 4:17 pm
NFO Alert: ICICI Prudential Mutual Fund to launch 3 life cycle funds

ICICI Prudential Mutual Fund has launched three open-ended life cycle funds with five-, 10- and 15-year horizons. The schemes use a glide-path strategy, starting with higher equity exposure that gradually shifts towards debt as maturity approaches. The NFOs Life Cycle Fund 2031, 2036 and 2041 are open for subscription and will close on September 9.

26 Aug 2026 2:56 pm
Midcap emerges as strong SIP option with 17.59% average 10-year return: WhiteOak Capital

Investing in midcap SIPs has proven to be beneficial, boasting an impressive average return of 17.59% over the past decade. This investment category has consistently provided positive returns, showing stability over time. Unlike frequent switching between market caps, which failed to improve long-term gains, gradually increasing SIP contributions can achieve accelerated wealth accumulation. Moreover, the likelihood of securing positive returns rises with lengthening investment durations.

26 Aug 2026 2:13 pm
Senior citizens can earn up to 7.20% on FD investment: HDFC Bank, Federal Bank revise rates on select tenures

HDFC Bank has announced a boost to fixed deposit rates for senior citizens, increasing them by ten basis points. Federal Bank has also adjusted its interest rates for fixed deposits applicable to all clients. This revision ensures that senior citizens benefit from improved returns. Both banks are now providing competitive rates across select tenures, making savings more rewarding.

26 Aug 2026 1:02 pm
Rs 1.2 lakh/year vs Rs 10,000/month in PPF: Which option can help you make larger corpus in 15 years?

Investing a lump sum each year in a Public Provident Fund (PPF) results in a significantly higher corpus than making monthly contributions. Over a span of fifteen years, a yearly investment of Rs 1.2 lakh can grow to yield nearly Rs 99,000 more compared to the monthly deposit method. Plus, PPF provides tax advantages at three different stages, with the current interest rate standing at 7.1 percent per annum.

26 Aug 2026 12:38 pm
Altiva Equity Long Short Fund to launch on September 10; Radhika Gupta explains its large-cap alpha strategy

Edelweiss Mutual Fund is set to unveil its third Specialised Investment Fund strategy, which targets large-cap equities alongside income-focused derivatives. This innovative approach is designed to deliver steady alpha for investors looking to enhance their core portfolios. By integrating large-cap exposure with income-generating elements, this fund aims to meet diverse investment needs. Subscriptions for this fund kick off on September tenth.

26 Aug 2026 12:29 pm
Is severance pay received under a VRS taxable for all employees? Know what the Income Tax law says

Severance pay received under a voluntary retirement scheme is not always taxable for all employees; Know why and what the tax law says

26 Aug 2026 10:56 am