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The Economic Times

Personal Finance / The Economic Times

Best tax saving mutual funds or ELSS to invest in September 2026

Tax saving mutual funds or ELSSs invest in stocks. Therefore, they have a very high risk. You should be aware of this aspect, especially if you are a first-time investor in equity mutual funds.

9 Sep 2026 9:23 am
Spurt in India-listed US ETFs stumps Dalal Street

India's exchange-traded funds that mirror US equities experienced a surprising spike, with gains from six to thirty-seven percent over two days, despite Wall Street remaining relatively unchanged. This significant upswing has been attributed to a recent adjustment by Sebi regarding circuit limit calculations. The new methodology enhances conformity between global and domestic ETF limits, resulting in expanded price variability.

9 Sep 2026 6:34 am
NFO Alert: JioBlackRock Mutual Fund launches balanced advantage fund

JioBlackRock Asset Management has launched the Balanced Advantage Fund, offering dynamic allocation between equity and debt. Its NFO opens September 11 and closes September 25, targeting long-term capital appreciation and income through a data-driven investment strategy.

8 Sep 2026 5:52 pm
8th Pay Commission news: Pensioners' body seeks clarity on pension revision from PM Modi

8th Pay Commission latest news: The Retired Employees Welfare Association is calling on the Prime Minister to revise the terms of the 8th Pay Commission. Its request includes the addition of pension revision clauses for retirees prior to January 1, 2026. It claims that the amendment is critical for alleviating confusion among 69 lakh pensioners, especially since earlier commissions explicitly detailed benefits for pensioners. Furthermore, various employee groups are backing this demand for clear

8 Sep 2026 5:32 pm
Rs 5 lakh health insurance claim denied by insurer over waiting period for pancreatitis; here's why the policyholder's wife won

A health insurer cannot automatically reject claims using waiting-period clauses. The Mumbai Consumer Commission ruled that insurers must prove a condition was pre-existing, not just rely on policy terms. This landmark decision emphasizes fairness and consumer protection, reminding policyholders to understand their policy's nuances and challenge unjustified rejections.

8 Sep 2026 5:02 pm
Landlord deposited Rs 14.96 lakh cash during demonetisation, got tax notice: ITAT Bangalore grants relief

Landlord took rent in cash, deposited Rs 14.96 lakh cash during demonitisation period; got Income tax notice, he wins case in ITAT Bangalore. The ITAT Bangalore bench which heard this case comprised of Waseem Ahmed, an accountant member and Keshav Dubey, a judicial member.

8 Sep 2026 5:00 pm
Silver gave 98% returns in 1 year, but investors made just 18%; 56% investments in loss: Report

Silvers 98% one-year rally has triggered a surge in investor interest, but chasing past gains could hurt future returns. The latest report highlights how FOMO has driven investors into silver ETFs after prices surged, with 56% of money invested over the past year showing negative returns as of July 31, 2026. The data underscores the risks of pro-cyclical investing.

8 Sep 2026 4:10 pm
Edelweiss MFs Altiva Equity Long Short Fund to launch September 10; Bhavesh Jain explains largecap strategy

Edelweiss Mutual Fund is set to unveil its latest Altiva strategy on September 10. The Altiva Equity Long Short Fund is designed to deliver reliable alpha through large-cap investments. This innovative strategy integrates a core large-cap portfolio enhanced with derivative overlays. By employing tactics such as covered calls and straddles, the fund aims to boost returns while minimizing risks for its investors.

8 Sep 2026 3:09 pm
SBI Flexi Cap, Axis Flexi Cap and 6 other flexicap funds with low consistency scores. Check details

Eight flexicap funds recorded low five-year performance consistency, with returns ranging from 5.82% to 10.73% CAGR. Their risk remained acceptable, while investment styles varied across momentum, value and quality.

8 Sep 2026 3:02 pm
How to get Rs 3 lakh/month from my Rs 2 crore EPF corpus?

ET Wealth Reader's Query: I retired at 53 and have Rs 2 crore in my EPF account. I understand that I can continue to earn interest on the balance for up to three years even without fresh contributions. What are the tax rules for this? My monthly expenses are Rs 3 lakh. I want to optimise returns and get steady income.

8 Sep 2026 1:29 pm
Gold looks expensive at current levels, silver still undervalued: Monarch PMS

Currently, silver is priced lower than its typical value, presenting an appealing investment alternative to gold. With gold's modelled range set between US$3,248 and US$4,595, averaging at US$3,922, silver's modelled range is between US$54 to US$77, averaging at US$65. Priced at US$61.7, silver falls below its expected midpoint, highlighting its position as the more affordable precious metal.

8 Sep 2026 1:17 pm
Daughter can claim late fathers share in HUF property even after widowed mother's remarriage, rules Madras HC

Daughter of widow who remarried after her husbands death can inherit fathers share in his family property under Hindu Succession Act, 1956 rules Madras High Court. Know how

8 Sep 2026 11:19 am
SIFs attract Rs 22,328 crore since launch. Should mutual fund investors use them as satellite allocation?

Since their inception, Specialised Investment Funds have garnered considerable attention from investors looking for more than what typical mutual funds provide. These funds are seen as an excellent option for satellite allocation, helping to diversify investment strategies. However, experts advise investors to carefully assess their risk profile and ensure that SIFs align with their overall portfolio. Relying solely on recent performance metrics for decision-making is not advisable.

8 Sep 2026 11:12 am
Best large & mid cap funds to invest in September 2026

In large & mid cap funds, the fund manager has the option to decide where the money will be invested. If he thinks the large cap space is attractive, he may invest in large cap stocks. If he thinks mid cap and small cap stocks are poised to take off, he may invest in them. As you can see, these investments may increase or decrease the risk in these schemes.

8 Sep 2026 9:50 am
NC-JCM seeks Old Pension Scheme for NPS employees recruited against pre-2003 vacancies; who can benefit?

The NC-JCM has urged that older vacancy sanction letters be used to assess eligibility for the Old Pension Scheme (OPS). During a meeting with the DoPT secretary, they emphasized the importance of this pension issue. Legal rulings have favored employees recruited post-January 1, 2004, for OPS benefits, as the New Pension Scheme (NPS) took effect for central government workers on that date.

8 Sep 2026 8:32 am
Bank unions announce September 11, 2026 strike; declare 3-day nationwide strike, demand five-day working week

Bank unions across the nation are set to embark on a nationwide strike on September 11, 2026, advocating for crucial reforms in the banking sector. This is followed by planned strikesin last week of September an indefinite strike starting October 26.

7 Sep 2026 6:16 pm
When should you sell profitable equity mutual fund investments for tax-gain harvesting?

Tax-gain harvesting allows investors to sell profitable equity mutual funds and reset their cost basis tax-free by setting off long-term capital gains against carried-forward property losses. Financial experts outline how setting off LTCG against long-term capital losses helps optimize tax efficiency while maintaining core long-term investment strategies.

7 Sep 2026 3:59 pm
FIIs raise stakes in 9 midcap stocks for four straight quarters; shares surge up to 70% in a year

Over the four quarters through June 2026, FIIs steadily increased their holdings in around 15 BSE midcap stocks

7 Sep 2026 3:50 pm
Rs 10,000 SIP can create Rs 87.3 lakh in 20 years. Why this projection may not match your actual outcome

SIP calculators can overstate realistic wealth creation by assuming fixed contributions for decades. DSP Mutual Fund highlights how income-adjusted SIPs, market downturn stoppages and withdrawals can significantly reduce final corpus, making affordability, discipline and staying invested crucial for long-term compounding.

7 Sep 2026 3:15 pm
15 equity mutual funds multiply lumpsum investments by 4.3x in 7 years. Are there any included in your portfolio?

An ETMutualFunds analysis reveals that 15 equity mutual funds multiplied lumpsum investments by over 4.3 times in seven years. Small cap and mid cap schemes dominated the performance list, led by Quant Small Cap Fund, which delivered a 7.75x return alongside strong growth across flexi cap and ELSS categories.

7 Sep 2026 2:37 pm
Gold rate today (September 7, 2026): Check 24k, 22k, 20k, 18k gold jewellery prices from Malabar Gold & Diamonds, Joyalukkas, Kalyan Jewellers, Tanishq & IBJA in Delhi, Mumbai, Hyderabad & more cities

Gold price today: gold prices dropped notably at major Indian jewellery brands, a reaction to an unexpectedly robust US jobs report. This development sparked heightened bets on potential Federal Reserve rate hikes, which in turn affected bullion demand negatively.

7 Sep 2026 2:07 pm
8th Pay Commission fitment factor vs higher annual increment rate: Which may benefit employees earning Rs 35,000 basic pay?

8th Pay Commission latest news: As discussions unfold, employee and pensioner associations are set to engage with the 8th Pay Commission on salary and pension concerns. Their aim is to raise the annual increment rate from three percent to a range of five to seven percent. This adjustment seeks to enhance salary progression over shorter timelines, with projections indicating that increased increments could yield significant earnings growth, bypassing the need for a fitment factor.

7 Sep 2026 1:46 pm
Edelweiss Mid Cap, Invesco India Midcap among 9 midcap funds with consistent performance in 5 years

Nine midcap funds stood out for their high performance consistency over the past five years, based on the CRISP Mutual Fund Scorecard for the quarter ended June 2026 by Share.Market by PhonePe. The funds were assessed on performance consistency, risk versus peers, investment style, five-year CAGR and AUM.

7 Sep 2026 1:32 pm