Equity mutual fund schemes attracted net inflows of ₹38,293.5 crore in September, up 30.6% from ₹29,315 crore in August, according to data from the Association of Mutual Funds in India (AMFI). The mutual fund industry’s total assets under management (AUM) stood at ₹82.64 lakh crore at the end of September, compared with ₹87.07 lakh crore…
Quant Mutual Fund’s qSIF Hybrid Long-Short Fund returned 21.81% over three months, 27.43% over six months and 30.59% since inception, as of October 9, 2026, according to SIF India’s performance dashboard. Its benchmark, the Nifty 50 Hybrid Composite Debt 50:50 Index, returned 2.90% over three months and declined 1.37% over six months. The fund’s Direct…
Using an artificial intelligence (AI) chatbot to shop online could involve more than comparing prices and selecting products. Elon Musk’s suggestion to use Grok for purchases by uploading a photograph of a credit card has triggered questions about the safety of sharing sensitive payment information with AI tools, with users raising concerns on social media….
Wellness-focused real estate is becoming a larger segment of the global property market, with projects incorporating features such as green spaces, healthcare, recreation and other wellness-related infrastructure. The Global Wellness Institute (GWI) estimates that wellness real estate reached $876 billion in 2025, up 23% in a year, and forecasts the market to reach $1.8 trillion…
The Central Board of Direct Taxes (CBDT) has revised Form 161, used to apply for a waiver of penalty under the Income-tax Act, 2025, through the Income-tax (Sixth Amendment) Rules, 2026, notified on October 8. The amendment inserts the words “or waiver” after “imposition” in Rule 231 of the Income-tax Rules, 2026, and replaces the…
Gold and silver prices rose in international markets on Monday, October 12, as investors awaited US inflation data and further signals on the Federal Reserve’s interest rate outlook. On COMEX, gold futures were trading at $4,229.80 per ounce, up $13.50, or 0.32%, from the previous close of $4,216.30. Silver futures gained $0.437, or 0.72%, to…
Mental health treatment can involve recurring expenses, including consultations, therapy sessions and prescribed medicines. While Indian law provides for insurance coverage of mental illness on the same basis as physical illness, the benefits available to policyholders depend on the terms and scope of their health insurance plans. A survey commissioned by Aditya Birla Sun Life…
Paying for higher education involves two financial decisions: how to fund a course without taking on an unmanageable debt burden, and how to access funding for research and innovation when a project’s commercial potential is not yet clear. For students and parents considering an education loan, the interest rate, repayment terms and likely earnings after…
Shriram Finance has raised interest rates on its fixed deposits across different maturity periods, with the revised rates set to take effect from October 11, 2026, according to the company’s October 9 announcement. For deposits of up to ₹10 crore, the interest rate on 12-month deposits has increased from 6.85% to 7% per annum. The…
With equity mutual funds continuing to attract money despite market volatility, investors should focus on asset allocation and valuations rather than chase recent performance, said Manish Jain, Deputy CEO at Choice AMC. Jain said equity mutual funds have recorded 66 consecutive months of inflows, even as the Nifty has fallen around 14% from its January…
