For a long time now, I, along with many other mutual fund cheerleaders in India, have gone through a small monthly celebration. Amfi releases the previous month’s SIP figures, almost always a record, and we celebrate them as proof that the ordinary Indian has learned to save patiently instead of hiding in a ‘safe’ bank deposit or chasing greed in the market.
Arbitrage funds have emerged as the best-performing hybrid mutual fund category in 2026 so far, according to category performance data. The category has generated a 3.35% year-to-date (YTD) return, making it the best-performing segment among hybrid mutual funds in 2026 so far. It has narrowly outpaced Income Plus Arbitrage Funds, which have returned 3.28%, while…
Kusumgar shares jumped another 10% after a stellar market debut, hitting an intraday high of Rs 631.35 on the BSE after listing at a nearly 37% premium to the IPO price. The stock debuted at Rs 574 on the BSE, a 36.99% premium to its issue price of Rs 419, while on the NSE it…
“The patient’s initial discharge got delayed by four days due to repeated queries and follow-ups, even though all replies had been submitted. During the delayed period, the patient’s condition unfortunately deteriorated again. Fresh infections and complications developed and hospitalization had to continue. The first final bill was worth ₹1.63 crore. With the delay, it reached…
InCred Equities has a target price of Rs 1,650 on Aavas Financiers, indicating a potential upside of 9.6% from its current market price of Rs 1,505. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
The Indian stock market extended losses for the fifth consecutive session, with Sensex and Nifty tumbling more than 1% intraday before paring most of the losses and closing 0.4% lower each on Friday, as oil prices above $100 per barrel, FII selling and other factors spooked investors. Sensex fell 332 points to close at 76,059.77,…
A credit-card customer has alleged that HDFC Bank charged him more than ₹1,200 after he fell short of his ₹10,649.46 bill by just 46 paise. Dr Samir Kagalkar said in a post on X that he paid ₹10,649 against the bill, leaving ₹0.46 unpaid. Kagalkar questioned the late-payment charges and other costs subsequently added to…