The Economic Times

Delays in SWP payouts should be treated as delayed mutual fund redemptions. SEBI requires payouts within three working days, with delayed payments potentially attracting investor interest compensation.

JioBlackRock has launched its Prism Hybrid Long-Short Fund, an innovative interval investment strategy allowing twice-weekly redemptions. This fund aims to generate capital appreciation and income by blending equity, debt, derivatives, and alternative investments. Designed for dynamic markets, it seeks to deliver better risk-adjusted returns with lower volatility, leveraging BlackRock's global expertise and advanced technology. The New Fund Offer is open until July 13.

July 2026 presents crucial income tax deadlines for Indian taxpayers. The most significant deadline is July 31, marking the final day for salaried individuals and pensioners to file their Income Tax Returns (ITR-1 and ITR-2).

After earning just 1% returns from mutual fund investments over four years, an investor sought expert advice on whether to alter her portfolio. Harshvardhan Roongta of Roongta Securities said weak returns are a normal part of equity investing, urging investors to stay disciplined, avoid frequent changes, and focus on long-term wealth creation through consistent SIPs.

Gold prices saw a slight dip across major Indian retailers today, offering a welcome respite for buyers. Jewellery prices for 22-carat gold have settled around Rs 13,110 per gram at leading stores in cities like Delhi, Chennai, and Mumbai.

The National Pension System (NPS) delivered strong returns over the past three years, combining retirement planning with tax benefits. Among fund managers with a three-year track record, Tata Pension Management emerged as the top performer.

Experts are advising mutual fund investors to focus on large-cap, flexi-cap, and multi-asset funds for the latter half of 2026. Following a volatile first half, a cautious yet optimistic approach is recommended, emphasizing diversified equity exposure. While valuations are considered fair, risks like global tensions and oil prices persist. Investors are urged to maintain SIPs and avoid market timing, especially first-time entrants.

Short duration mutual funds offer a balanced investment option for horizons of one to three years, navigating moderate interest rate risks. These schemes invest in a mix of short-term and very short-term instruments like treasury bills and corporate bonds. For June 2026, HDFC Short Term Debt Fund, ICICI Prudential Short Term Fund, and Axis Short Term Fund are highlighted as top performers based on returns, consistency, and risk management.

July bank holidays: Bank customers should note upcoming July 2026 closures across various Indian states. Important banking tasks should be planned around these specific dates to avoid inconvenience. Consulting the RBI holiday calendar is advised before visiting your local branch.

In a significant ruling, the Supreme Court has declared that temporary-status employees, even without formal regularization, are entitled to pensionary benefits after retirement. This landmark decision, stemming from a case involving postal workers, emphasizes that long service and eligibility under specific rules grant these rights. The court directed authorities to disburse pensions and retiral benefits promptly, asserting that pension is a deferred wage and a constitutional right.

A homebuyer in Gurgaon's Sector 108 will receive Rs 26 lakh in compensation from a builder for delayed possession. Haryana RERA ruled that the delay caused the buyer to miss out on a significant 130% property price appreciation. The authority also ordered a refund of the amount paid, plus interest, and compensation for mental agony and litigation costs, setting a precedent for such cases.

Most investors struggle as they watch their portfolio shrink while EMI obligations remain fixed. The temptation to stop the SWP or redeem the corpus becomes overwhelming. This introduces discretionary risk into what is assumed to be a systematic plan. Acting on it at the wrong time permanently locks in the loss. An investors life situation also matters.

File your application before 30 September 2026 to lock in todays rules for the whole journey. Source-of-funds standards, investment structure, job-creation criteria, all frozen at the point of filing, regardless of what the Congress does later. The deadline also creates conditions in which investors make costly mistakes. Documentation bottleneck is the most immediate.

Individuals and Hindu Undivided Families (HUFs) are required to file income tax returns (ITR) if their total taxable income before the applicable exemptions and deductions exceeds the basic exemption limit. Even if youre exempt, file a return if you have a refund due, or you need to apply for a loan, passport or visa.

Welcome to TrendMap, your visual guide to investment performance. This edition tracks 10 years of global equity returns. Currency fluctuations impact the returns on foreign investments. To capture the real value from an Indian investors standpoint, these returns are adjusted to reflect their equivalent in Indian rupees. Key takeaway: diversification helps navigate market cycles. By Sameer Bhardwaj.

Be available for counsel and advice, but wait for the children to ask for it. Offering unsolicited advice, which comes from a position of love and concern, and telling the children that parents know better, comes in the way of their learning process. Set the boundaries, make the rules, agree on do and donts, but do this at the very start. After that, it is their game to play.

We begin this new series with Bala, a curious young learner, as he explores money concepts. His first lesson: understanding UPI and digital money. UPI (Unified Payments Interface) is an instant payment system that allows you to transfer money between any two bank accounts using a mobile app. It acts as a digital bridge between banks, making money transfers simple.

A 10% rain deficit could add as much as one-percentage-point to headline consumer inflation driven by food prices, according to research by Yuvika Singhal, an economist at QuantEco Research. Indias cumulative rainfall was 43% below normal as of June 22.

NSE IPO: Stock exchanges operate on a distinct business model from sectors such as banking, manufacturing, or technology. They neither lend nor manufacture. Instead, exchanges function as platforms that facilitate transactions between buyers and sellers. Meanwhile, NSEs biggest earnings risk is its dependence on derivatives.

EPFO 3.0 aims to modernize provident fund services through upgraded technology, faster claim processing, simplified withdrawals, digital record corrections and improved user access. While these reforms promise greater convenience, longstanding issues such as data quality, employer dependence, pension complexities and grievance resolution remain challenges that will require sustained implementation efforts.

Nearly Rs 8,974 crore in unclaimed insurance funds is lying with insurers due to missing nominees, outdated records, lost documents and lack of awareness. Policyholders and beneficiaries can trace and claim these funds through insurer websites or the IRDAI Bima Bharosa portal by submitting the required documents and proof of ownership.

The RBI has proposed widening participation in Indias term money market by allowing eligible NBFCs, mortgage lenders, companies and financial institutions to lend and borrow short-term funds. The move aims to deepen money markets, improve liquidity access and broaden participation, while imposing prudential exposure limits on eligible non-bank finance firms.

Most investors struggle as they watch their portfolio shrink while EMI obligations remain fixed. The temptation to stop the SWP or redeem the corpus becomes overwhelming. This introduces discretionary risk into what is assumed to be a systematic plan. Acting on it at the wrong time permanently locks in the loss. An investors life situation also matters.

Resident and Ordinarily Resident (ROR) taxpayers with foreign assets or income must carefully disclose overseas investments, dividends and accounts while filing ITR. Direct foreign holdings require Schedule FA reporting, unlike Indian international mutual funds. Errors can attract penalties under the Black Money Act, making accurate disclosure and timely corrections essential for compliance.

Returning Indians face new tax filing complexities. Foreign retirement accounts now necessitate the more detailed ITR-2, moving away from the simpler ITR-1. Tax authorities are leveraging global information exchange to track overseas assets and income. Accurate reporting in Schedule FA is crucial to avoid penalties under the Black Money Act. Taxpayers must diligently disclose all foreign holdings, including dormant accounts and employee stock options, to ensure compliance.

The article highlights why financial protection should begin early, not just after major life milestones. It explains how buying a term insurance plan in your 20s or 30s can secure lower premiums while strengthening long-term financial stability. The piece also explores how early planning safeguards future goals and loved ones. Published on National Insurance Awareness Day, it encourages young adults to make informed financial decisions and build a secure future.

Six smallcap stocks, including Hindustan Copper and NLC India, may move to midcap in AMFIs H2 CY26 reshuffle, as per Nuvama Institutional Equities. The potential reclassification could influence fund flows, though projected threshold levels show inconsistencies and need confirmation before firm conclusions are drawn.

The Kerala High Court has ruled that a bank dealing with public funds owes a duty to its depositors to make prompt payment of the funds deposited by them. This judgement came against the background of a case filed by a man from Thrissur whose grievance was that his Rs 5 lakh FD which had matured in 2015 but due to technical reasons the bank did not repay it.

Homebuyers have won a significant victory in Tamil Nadu, with the Real Estate Appellate Tribunal (TNREAT) allowing them to appoint independent engineers to inspect properties for construction defects. This ruling empowers buyers to verify the quality of materials and construction, even against builder objections. The tribunal emphasized that such inspections benefit both parties by ensuring promised standards and rectifying any issues, promoting transparency in real estate.

Senior citizens seeking secure investments are finding attractive options in fixed deposits, especially for 5-year tenures. Small finance banks are leading the pack, with Suryoday SFB and Jana Small Finance Bank offering a compelling 8.05% interest rate for senior citizens. This competitive landscape ensures older investors can secure stable, higher returns for their retirement savings.

The SC said that the homebuyer can make a claim for compensation for delayed possession. The subsequent receipt of possession cannot, by itself, extinguish the right of the allottee to seek adjudication of a claim for compensation for the alleged delay, the top court stated. The top court has also revived the 2005 complaint made by the homebuyer.

8th pay commission calculator: Central government employees 8th Pay Commission arrears will depend on the implementation timeline and final fitment factor. Experts estimate substantial payouts for Level 15 employees if implementation is delayed by 20 months, with arrears ranging from about 3.6 lakh to 10.8 lakh under fitment factors between 2.0 and 2.86.

Get ready for significant financial shifts starting July 1, 2026. Taxpayers face new ITR filing deadlines, while Aadhaar card holders can update their email for free. SBI and HDFC credit card users will see changes in reward points and lounge access eligibility. Passport fees are set to rise, and banks will face stricter rules against mis-selling financial products, ensuring customer refunds and compensation.

Risk-adjusted return measures the excess return over the risk-free rate per unit of risk and is measured in terms of standard deviation.

Gold prices saw a significant uptick today, June 27, 2026, with major retailers like Tanishq and Malabar Gold & Diamonds reporting higher rates for 22-carat gold. The IBJA has not updated its rates due to market closures.

These low-cost liquid and overnight mutual funds combined minimal expense ratios with competitive three-month returns. PGIM India Liquid Fund led the list, followed by UTI, Kotak, HSBC, and Sundaram funds.

Systematic Investment Plan (SIP) contributions to Indian equity mutual funds hit a multi-year high of 29% in May 2026, signaling robust investor confidence despite market volatility. Equity AUM surged to Rs 36.18 lakh crore, with SIP AUM growing 17% year-on-year. This sustained growth highlights the increasing dominance of mutual funds in the investment landscape.

HDFC Mid Cap Fund has crossed the Rs 1 lakh crore AUM milestone, cementing its position among the country's largest mid-cap schemes. Since its launch in 2007, the fund has delivered a CAGR of 17.13%, outperforming its benchmark while maintaining a disciplined, research-driven approach across market cycles.

Experts advise against frequent mutual fund portfolio changes based on short-term performance. An investor's midcap and smallcap investments, some only months old, were reviewed. While most schemes are deemed appropriate, a retirement fund's lock-in period warrants careful consideration for flexibility. Thorough research and patience are key to long-term wealth creation, with a minimum two-year timeframe recommended before assessing fund performance.

Missed reporting your Fixed Deposit interest in your Income Tax Return? Don't worry, you can still fix it. The Income Tax Department receives FD interest details, so omissions can be flagged. Filing an Updated Return (ITR-U) within four years allows you to declare missed income and rectify errors, though additional tax and penalties may apply. This voluntary step helps avoid future disputes and keeps your tax records accurate.

ITR filing: Transferring investments to your spouse to save taxes is a common misconception. The Income Tax Department scrutinises fund sources and can club income back to the original provider. This applies to FDs, shares, and gold, where income or capital gains from gifted assets are often taxed in the transferor's hands. Proper documentation and reporting are crucial to avoid penalties and tax demands.

The Bombay High Court has ruled in favor of homebuyers, allowing them to form a single housing society for a multi-tower project. The court rejected a builder's plea to create separate societies, citing a nine-year delay in the builder's own society formation process. This landmark decision empowers residents to unite and manage their shared amenities effectively, ensuring their collective interests are protected against prolonged developer inaction.

Several customers are now wondering whether banks will remain shut today (Saturday, June 27, 2026) as well. If you have any pending banking work, it's worth checking the holiday schedule before heading to your bank branch.