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.
BUSINESS
Amidst rerating, large-cap IT stocks, banks may offer better shelter in a volatile market, says DSP
The report highlights that Indian large-cap IT stocks have undergone significant derating amid sectoral slowdown, negative news flow, and an uncertain outlook even though the IT sector fundamentals remain strong.
BUSINESS
Can mutual funds work at 11,500 feet? Nippon India MF is finding out in Ladakh
Ladakh's mutual fund AUM stands at just Rs 44 crore currently, while the entire J&K region, including Ladakh, have an AUM of Rs 10,000 crore.
BUSINESS
Trump tariff: Nothing changes materially for India as we largely are a domestic-driven economy, says Quantum MF's Chirag Mehta
We need to wait for the fine print, but if the tariffs apply broadly across exports, some sectors will be affected, says Mehta.
BUSINESS
Markets under pressure due to 25% tariff; 24,500 a key support level, say technical analysts
Trump Tariff: If the market breaks below 24,600/80,700, a fresh round of selling may be witnessed and the market may retest 24,500-24450/80400-80200 levels, says Shrikant Chouhan, Head Equity Research, Kotak Securities.
BUSINESS
Received couple of orders, expecting more in next 2 month: BEL’s Manoj Jain on emergency procurements
In the previous quarter earnings call, Jain had noted that the company expects to bag multiple orders from the recently-approved emergency procurement proposal for the Indian Armed Forces following Operation Sindoor.
BUSINESS
Defence PSU BEL aims at over 15 percent revenue growth this year on strong orders and execution
BEL fell short of its internal revenue growth target for Q1FY26 on shipment delays owing to tensions in the Middle East but is confident of making up for the shortfall in Q2FY26.
BUSINESS
ABB India earnings preview: Muted margins may offset strong revenue growth; high base also in play
According to a Moneycontrol poll of seven brokerages, revenue is expected to rise nearly 11 percent YoY to Rs 3,179 crore. EBITDA margin is expected to decline to 18.3 percent from 19.2 percent in the previous year.
BUSINESS
Buy, hold or sell? Analysts revise IT calls amid headcount woes, AI, disappointing Q1
Across five major IT firms, namely TCS, Infosys, HCL Technologies, Wipro, and Tech Mahindra, analysts made major revisions to their calls on the stocks, data from Bloomberg shows.
BUSINESS
IT layoffs don’t matter anymore—Here’s why fund managers are shrugging off TCS cuts
According to a recent Elara Capital report, 9 out of 15 leading asset management companies or 60 percent remain underweight on the IT sector. Players like Quant MF, PPFAS MF, and ICICI Prudential MF are notably underweight.
BUSINESS
PowerGrid Q1: Revenue to see minor uptick but subdued power demand, finance costs could weigh
India’s overall power generation declined 2% year-on-year in Q1FY26, mainly due to lower output from conventional sources.
