Personal Finance / The Economic Times
Samir Arora highlights that foreign institutional investors rarely profit from Indian IPOs due to allocation limits, currency conversion losses, funding costs, and volatile rupee, despite massive oversubscriptions.
Chris Wood cautioned that the US stock markets AI-driven rally may be nearing its peak, comparing current exuberance to the Nasdaq boom of 2000. With margin debt up 33% year-on-year and valuations at record highs, GREED & fear has decided to remove Nvidia from its global equity portfolio after a 595% gain, replacing it with Greeces Gek Terna.
Radhika Gupta, MD & CEO of Edelweiss MF, highlights the new Multi Asset Omni FoF as a simple, powerful construct offering diversified exposure across equities, gold, silver, and debt. Launched in September 2025, the fund targets long-term capital appreciation for investors.
In FY26 so far, several microcap and small-cap stocks have delivered exceptional gains, with Banco Products, Gabriel India, and Lumax Auto Technologies leading the rally. A total of ten stocks have surged between 92% and 133%, highlighting strong momentum and robust performance in select sectors despite broader market conditions.
Systematic Investment Plan (SIP) inflows into mutual funds saw a healthy 4% rise in September, reaching Rs 29,361 crore. However, equity mutual funds experienced a second consecutive month of decline, with inflows dropping 9% to Rs 30,422 crore. Midcap and smallcap funds remained popular, attracting substantial investments.
Equity mutual fund inflows dropped for the second month in September, reaching Rs 30,422 crore. Midcap funds led investor interest with Rs 5,085 crore, followed by smallcap funds at Rs 4,362 crore. ELSS and dividend yield funds saw outflows. Multicap and large & midcap funds experienced increased inflows. Sectoral and thematic funds saw a significant decline in monthly inflows.
ETMutualFunds lists top mid-cap funds based on rolling returns, consistency, downside risk, and asset size. Funds include Axis, PGIM, Invesco, Kotak, and Tata; suited for high-risk, long-term investors.
Invesco Mutual Fund has temporarily suspended subscriptions to its three international funds, effective October 9, as informed to unitholders via a notice-cum-addendum. The affected schemes include Invesco Global Equity Income Fund of Fund, Invesco Pan European Equity Fund of Fund, and Invesco Global Consumer Trends Fund of Fund. Existing SIPs, STPs, and redemptions remain unaffected until further notice.
SBI has announced a one-hour maintenance window on Saturday, October 11, 2025, from 1:10 AM to 2:10 AM IST, during which several digital services including UPI, YONO, and Internet Banking will be unavailable. Customers can utilize ATM services and UPI Lite for essential transactions during this period.
HDFC Defence Fund boosted its holdings in Mazagon Dock and five other defence-related stocks in September, while also introducing Eicher Motors as a new addition. The fund significantly increased its stake in Bharat Forge and reduced exposure in several other companies, including a complete exit from Larsen & Toubro.
SEC allows IPOs during government shutdown by permitting automatic effectiveness of registration statements. Companies can set pricing 20 days prior, easing market restrictions and supporting Wall Street listings despite political gridlock.
SBI Card unveils its 'Khushiyan Unlimited' campaign, offering over 1250 merchant-funded deals, cashback, and instant discounts for its credit card holders. This festive initiative covers various spending categories like e-commerce, jewellery, and groceries. Special EMI offers provide up to 27.5% instant discount on consumer durables and electronics. Several SBI credit cards are highlighted for their unique benefits and rewards.
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. Compared to your usual investments like Public Provident Fund or National Savings Certificate, etc, ELSSs do not offer guaranteed returns. You may even suffer losses in a bad market.
Kotak Mutual Fund has temporarily suspended lumpsum and switch-in subscriptions in its Silver ETF Fund of Fund, effective October 10. The move comes as domestic silver trades at a steep premium due to acute scarcity in Indias physical market. Existing SIPs and STPs remain active, and subscriptions will resume once premiums normalize to acceptable levels.
A homebuyer successfully claimed a Rs 10 lakh capital gains tax exemption. The tax department had initially denied this benefit. The ITAT Chennai ruled in favour of the homebuyer, stating that non-deposit of unutilised sale proceeds in the Capital Gains Account Scheme before the ITR due date is not fatal.
Haryana RERA has ordered a prominent builder to pay Rs 85 lakh in interest compensation to the Batra family for a five-year delay in handing over their Delhi NCR home. The builder also failed to provide promised monthly returns, leading to the legal action and the significant payout for the delayed possession.
After a 15-year legal battle, a husband was acquitted of false 498A charges. The Andhra Pradesh High Court ruled that the wife's allegations of harassment and demands for money were unsubstantiated and lacked corroborating evidence. The court found the case was filed solely to harass the husband. Read below to know how husband won.
The Karwa Chauth festival, celebrated across several states, is among the many occasions adding to the long list of bank holidays in October. While digital banking has made most services accessible online, a few transactions still require customers to visit their bank branches.
Kotak Mutual Fund has stopped new lump sum investments in its Silver ETF Fund of Fund. This is because domestic silver prices are much higher than international rates. The fund house wants to protect investors from buying silver at these inflated prices. The shortage in domestic silver supply is expected to continue until late 2025.
The steep rally in Wall Street stocks is sparking worries among investors of a bubble forming, which could lead to a significant correction.
Aggressive hybrid mutual funds have outperformed in the last six months, delivering up to 20% returns. HSBC Aggressive Hybrid Fund led the pack, followed by ICICI Prudential, Kotak, SBI Magnum, and Bandhan Hybrid Funds.
Silver has historically acted as a hedge during crises, outperforming Nifty50 in several periods. Its global relevance rises due to affordability, investment demand, industrial use, jewellery resurgence, and supply-demand imbalances.
Gold investment has evolved beyond physical forms, offering digital alternatives for investors seeking returns without physical possession. Options like digital gold, Gold ETFs, gold mutual funds, and Sovereign Gold Bonds provide liquidity, convenience, and potential for significant long-term gains, catering to diverse investment needs.
Systematic withdrawal plans (SWPs) from multi-asset funds are becoming popular among conservative investors for offering steady income with lower volatility, diversified exposure, and better capital preservation than pure equity fund SWPs.
Gold prices experienced a marginal rise on October 9, 2025. This uptick occurred just before the Karwa Chauth festival. Investor interest and strong festive demand contributed to the price increase. Major jewellers like Tanishq, Malabar Gold & Diamonds, Joyalukkas, and Kalyan Jewellers reported prices for 22-carat gold.
Helio Mid Cap Fund adjusted its portfolio in September. The fund reduced its stake in Ola Electric Mobility. It increased holdings in nearly 44 other companies. Four new stocks were added to the fund's investments. The fund's assets under management also saw an increase during the month.
Bank Holidays 2025: Banks will be closed in Himachal Pradesh on October 10, 2025, for Karva Chauth, a Hindu festival observed by married women. While this specific holiday impacts banks in one state, other banks nationwide will operate normally. October features numerous bank holidays due to various festivals across India.
ETMutualFunds shortlisted top smallcap funds based on returns, consistency, risk, outperformance, and size. Axis, SBI, Kotak, and Nippon India Small Cap Funds showed strong three-year returns, with varied recent performance. Suitable for aggressive, long-term investors.
The Pension Fund Regulatory and Development Authority has updated the names of NPS Life Cycle Funds. This aims to clearly show their risk and equity allocation. The Balanced Life Cycle Fund is now part of the Auto Choice category. New names will help subscribers understand investment options better. This change enhances clarity for all NPS investors.
Nippon India Growth Mid Cap Fund has delivered a 22.33% CAGR since 1995, turning Rs 1 lakh into Rs 4 crore, driven by disciplined growth investing and diversified mid-cap portfolio strategy.
The Kerala High Court ruled that the registered owner of a vehicle is liable for compensation, even after selling it, if ownership transfer is incomplete. This decision, citing the Naveen Kumar Supreme Court judgment, holds the original owner responsible for a fatal accident caused by the second owner's rash driving.
DSM Fresh Foods, Zappfreshs parent, debuted on BSE SME at Rs 120, a 20% premium over IPO. Strong subscription from NIIs and QIBs highlights robust investor interest in Indias meat delivery sector.
HSBC has committed $1 billion to fund Indian startups through its innovation banking platform, offering working capital and term loans. This expansion, following the UK Silicon Valley Bank acquisition, marks India as the 13th market with a dedicated startup program.
Radhika Gupta, CEO of Edelweiss Mutual Fund, explains that the industrys first goldsilver FoF, launched three years ago, was built on a simple 50:50 allocation. Gold provides stability akin to large-cap stocks, while silver adds growth potential like midcaps. The strategy reflects the fund houses belief in the undervaluation of both metals and the power of simplicity in investing.
Suryoday Small Finance Bank has updated its fixed deposit and savings account interest rates. Effective October 8, 2025, FD rates for deposits under Rs 3 crore range from 4% to 8.05%, with the highest on a 5-year tenure. Senior citizens can earn up to 8.10%. Savings account rates vary by balance, reaching 7.75% for balances above Rs 5 crore.
Traders declaring business or F&O income below 6% of their turnover may face a mandatory tax audit. This rule applies even if turnover is below certain thresholds. If total income exceeds the basic exemption limit, a tax audit becomes compulsory. Not obtaining a required audit carries risks for the taxpayer. This measure aims to ensure accurate income declaration.
DSP World Mining Overseas Equity Omni FoF topped September 2025 with a 13.15% return, driven by its heavy exposure to gold and copper mining companies. The fund benefited from the commodities upcycle, particularly precious metals, despite unrated status by major agencies. Experts suggest emerging markets offer better diversification than developed ones.
Tejas Networks shares: Tejas Networks unveiled its indigenously developed 64T64R Massive MIMO Radio, Ojas64, at the India Mobile Congress 2025 in New Delhi on October 8. The next-generation 5G radio offers 320W output power, multi-gigabit speeds, and enhanced spectral efficiency, while also lowering carbon emissions marking a major milestone in the companys 5G infrastructure capabilities.
A Mumbai taxpayer successfully challenged a Rs 1 crore tax demand at ITAT Mumbai after Form 26AS failed to reflect TDS credit. Despite paying taxes, the demand arose due to the deductor's failure to deposit or report TDS. ITAT ruled that credit cannot be denied solely based on Form 26AS, emphasizing Section 205 of the Income Tax Act.