BUSINESS
GST Windfall: Where fund managers are buying, where they’re bailing
Tax cuts likely to spur demand in cars, cement and durables, but stretched valuations keep fund managers selective
BUSINESS
India’s share in global market capitalisation weighed down by tariffs, valuations and outflows
India continues to rank among the top ten contributors to global equity wealth, with these leading economies collectively accounting for 82.8 percent of worldwide market capitalization.
BUSINESS
Silver FoFs emerge top performers, outpace equity, hybrid, debt-oriented FoFs
FoFs invest in other mutual funds or ETFs rather than directly in stocks or bonds. Silver FoFs, for example, invest in silver ETFs, which hold physical silver. This structure provides diversification and convenience, with only a small additional cost.
BUSINESS
Gold, silver ETFs surge on hopes of Fed rate cut; momentum likely to continue amid festival season
Among gold ETFs, Nippon India Gold BeES rose 1.49 percent to Rs 86.61, while HDFC Gold ETF advanced 1.59 percent to Rs 89.43. SBI Gold ETF and ICICI Prudential Gold ETF gained 1.67 percent and 1.77 percent, respectively.
BUSINESS
Union Mutual Fund launches All Cap FoF, says first SIF product coming in November
Nair explained that the Equity All Cap Active FOF is a product designed to simplify equity investing by dynamically allocating across large-cap, mid-cap, and small-cap Union MF equity schemes.
MARKETS
MF distributor growth in FY25: NJ Indiainvest tops with Rs 2,608 cr in gross commissions, SBI boasts of largest AUM
The mutual fund industry saw continued growth in FY25. As of July 31, total AUM reached Rs 75.36 lakh crore, up 21.6 percent from Rs 61.98 lakh crore in July 2024
BUSINESS
Real estate stocks show steady performance, yet mutual funds remain wary
Companies such as Sobha, Raymond, and Prestige Estates are trading significantly above their 10-year historical averages, suggesting either overvaluation or growth expectations already priced in
BUSINESS
Amidst rally, US tech stocks continue to find favour in Indian MF portfolios
In July, the value of Indian mutual funds’ foreign equity holdings rose on average by roughly 6.4 percent to Rs 51,705.99 crore.
BUSINESS
What to watch for in Reliance Industries’ 48th AGM?
With nearly 44 lakh shareholders, the AGM is expected to see announcements that could set the tone for RIL’s next phase of growth across digital, retail, and energy businesses.
BUSINESS
Under-30 investor share slips marginally, but continue to drive fresh market participation
Data from the latest NSE Market Pulse report shows the under-30 group saw a decline from 39.5 percent in March. This marks the first dip after several years of steady growth, during which the segment rose from 22.6 percent in March 2019 to nearly 40 percent by March 2024.
BUSINESS
True benchmark for funds is not AUM alone, but trust and management: Sebi Chairman at AMFI event
To drive inclusivity, Sebi is working on incentives for distributors to bring first-time investors from B30 cities and additional incentives to encourage women investors. “Financial inclusion will remain incomplete unless women are equally represented,” Tuhin Kanta said.
BUSINESS
Mutual funds boost money market bet through TREPS allocations to protect returns from volatility
The use of TREPS is becoming increasingly widespread as a means to hold cash positions. As per PrimeMFDatabase, 89.71 percent of equity schemes had exposure to cash equivalents like TREPS, CBLO (Collateralized Borrowing and Lending Obligation), or reverse repos in July. In just two months, 18 additional equity schemes have begun using these instruments to manage cash positions.
BUSINESS
We need to go deeper, district by district as financial penetration remains shallow, says AMFI chief Venkat Chalasani
According to AMFI data, only 18% of total mutual fund AUM comes from B-30 locations, and even among individual investors, just 27.4% of assets originate outside the top 30 cities.
BUSINESS
PSU majors drive Q1FY26 defence earnings in a soft quarter but analysts continue to flag high valuations
BUSINESS
Power posted a mixed quarter after early monsoon cut demand, but here’s why hopes of a recovery ride high
Margins in coal and regulated businesses slipped on lower incentives while renewable margins improved on better PLF and cost control.
BUSINESS
Indian mutual funds continue global big tech buying spree in July
According to Prime MF Database, the combined value of the top foreign stocks bought by funds rose by over Rs 2,900 crore, with most of the gains concentrated in mega-cap US tech names. HDFC Top 100 Fund led the way, adding 10,500 shares of Alphabet (worth Rs 300 crore), 4,200 shares of Microsoft (Rs 150 crore), and 3,800 shares of Amazon (Rs 120 crore). ICICI Prudential US Bluechip Equity Fund added 8,990 shares of Alphabet (Rs 280 crore) and 5,000 shares of Nvidia (Rs 90 crore).
BUSINESS
Not soliciting sales in US amid tariffs: Vikram Solar MD
The comment comes as the revenue share from US exports drastically reduced to 0.96 per cent of the total revenue in fiscal 2025, as compared to 61.1 per cent in fiscal 2024.
BUSINESS
With support from govt, increased sales, we see potential for PAT to multiply in FY26: Vikram Solar CMD
The public issue for the solar manufacturer will open next week on August 19, with the public subscription open till August 21.
BUSINESS
Thematic funds surge on NFO wave but can the momentum last? Experts advise caution
According to experts, the spike was primarily driven by a rush of new fund offers (NFOs) promising exposure to niche sectors, innovation themes and factor-based strategies.
BUSINESS
Key highlights of MF flows in July: Record equity inflows, Rs 9,000 cr in NFOs, SIPs on record-breaking spree
Systematic investment plan (SIP) activity reached fresh records, with monthly contributions at Rs 28,464 crore, up 4.3 percent over June’s Rs 27,276 crore and 22 percent higher than Rs 23,332 crore in July 2024.
BUSINESS
AMFI July data: SIP flows increase to all-time high of Rs 28,464 crore; SIP stoppage ratio at 63%
The number of SIP accounts at the end of July stood at 9.45 crore, up from 9.19 crore in June, with 68.69 lakh new SIP registrations in the month, while 43.04 lakh accounts were closed or matured.
BUSINESS
Nearly 750 stocks crash over 50% from 52-week highs; small caps bear maximum brunt, financials, infra lead losses
Of the 743 companies, more than 82 percent or 614 entities are small caps. Mid-caps account for 95 companies, while 34 large-cap stocks, typically considered safer bets, have also shed more than half their value.
BUSINESS
DSP MF launches India’s first passive Flexi Cap fund: Here's what differentiates it from active fund
The fund is based on the Nifty500 Flexicap Quality 30 Index, developed in partnership with NSE. The index combines quality stock selection with flexible allocation across market caps.
BUSINESS
Tariff war aside, earnings yield of India and US lowest among major markets; not a red flag but a sign for caution, say experts
Data from DSP MF shows India’s earnings yield has declined to just 4.1 percent, while the US is even lower at 3.7 percent. India’s price-to-earnings (PE) ratio stands at 24.6, above its 20-year average of 20.2, supported by a return on equity (ROE) of 14.9 percent. The US, despite boasting the highest ROE among global peers at 18.4 percent, is trading at a PE of 27.
