With gold, equity, and debt each taking turns as the year’s best asset class, multi-asset allocation funds have quietly become one of the fastest-growing hybrid categories. The Indian mutual fund investor’s relationship with hybrid funds has always been complicated. Balanced advantage funds have had their moments, aggressive hybrid funds have swung in and out of … Read more
After years of “new fund equals new opportunity” marketing, Indian retail is showing signs of learning that novelty does not equal alpha. Between April and June, Indian mutual fund houses launched over forty new fund offers across categories ranging from sectoral thematic to index products, multi-asset schemes, and SIF strategies. On paper, the quarter looked … Read more
With FY26 wrapped up and Q1 FY27 well underway, the category-level performance table tells a story of concentrated winners and a bumpy year for the crowd favourites. For an industry that has spent much of the past four years explaining how “average” equity fund returns look, FY26 was the year of dispersion. Category-level performance data … Read more
Positioned between mutual funds and PMS, the SIF category is being pitched to India’s growing affluent investor base. The Rs 10 lakh minimum is both its filter and its challenge. When SEBI cleared the Specialised Investment Fund framework in 2025, the industry response was cautious. Fund houses welcomed the intent — a regulated, transparent middle … Read more
A deeper look at what actually distinguishes a well-designed new fund offer from a repackaged one, and why the Indian mutual fund investor is beginning to ask the right questions. The Indian mutual fund industry’s new fund offer machine has hit its slowest patch in nearly a year. Total assets gathered through NFO launches in … Read more
With RBI holding the repo rate steady, geopolitics injecting inflation risk, and equity volatility unsettling portfolios, fixed income is being reassessed segment by segment. Debt mutual funds spent much of the last three years being described by advisors as the boring cousin of the equity family. In FY27’s opening weeks, the description is beginning to … Read more
A close look at NFOs launched in 2026 shows fund houses are rethinking product strategy under a combination of regulatory pressure, investor scepticism, and a shifting equity backdrop. For much of 2023 and 2024, the Indian mutual fund NFO pipeline had one dominant flavour. Thematic and sectoral funds — defence, manufacturing, PSU, tourism, consumption, healthcare … Read more
India’s mutual fund industry has quietly become retail-led. Individual investors held 60.38 per cent of the industry’s Rs 81.6 lakh crore AUM in May, overtaking institutions by a decisive margin. The Indian mutual fund industry has crossed a threshold that would have looked improbable a decade ago. In May 2026, individual investors — a category … Read more
A 40% dip in equity flows, the first Gold ETF outflow in 13 months, and a debt-heavy industry reversal — yet SIPs held above Rs 30,000 crore. The story is caution The Indian mutual fund industry entered the summer with its confidence tested. May’s data, released by the Association of Mutual Funds in India … Read more
Gold ETFs delivered strong double-digit returns while equity funds struggled through a volatile FY26. The comparison is real — but the takeaway is not what most investors think. For most of the past decade, the standard advice in Indian personal finance conversations has been to keep gold as a modest, boring diversifier and let equity … Read more