Unclaimed mutual fund money surged 21% to Rs 3,452 crore in 2024-25, primarily due to outdated investor details. Sebi addressed this with MITRA and revised nomination norms. Concurrently, the industry achieved record net inflows and significant growth in unique investors and SIP accounts.
If you want to build a Rs 1 crore corpus, its important to set your goal, decide the time frame, account for inflation, and calculate the monthly SIP. This helps you invest systematically and reach your financial target on time.
Many new mutual fund investors struggle to choose the right schemes for their goals. ETMutualFunds offers ready-made SIP portfolios across conservative, moderate and aggressive risk profiles, with tailored baskets for investments from 2,000 to above 10,000.
Mutual fund AUM has grown nearly threefold versus bank deposits in the past decade, rising from 12.6% in March 2015 to 32% by August 2025, highlighting strong investor shift towards market-linked assets.
Once market favourites, TCS, Infosys, DMart, Asian Paints and HUL have delivered flat or negative returns over the past four years despite strong fundamentals.
A handful of IPOs lined up for debut next week are indicating potential double-digit returns, with some tipped to deliver up to 20% gains on listing day.
Rapid medicine delivery startup Plazza secures $1.4 million funding. All In Capital leads this investment round. Plazza plans to expand its product categories and increase its store footprint in Bengaluru. The company aims to open 20 new stores in the next 12 months. It will also offer healthy snacks and baby care products. This expansion targets a wider customer base.
Edtech unicorn Vedantu has raised $11 million through convertible notes, led by ABC World Asia, to drive organic and inorganic expansion, technology, and AI advancements. The company is also negotiating a larger funding round and a secondary sale, targeting a public market listing by 2027.
Cloud kitchen startup Curefoods has successfully raised 160 crore ($18 million) in a pre-IPO placement from Flipkart cofounder Binny Bansal's 3State Ventures. This investment values the Bengaluru-based company at 4,000 crore ($450 million) as it prepares for an 800 crore initial public offering.
Bombay Stock Exchange rejected a company's share listing. The firm planned to invest heavily in cryptocurrencies. This action highlights India's regulatory void for digital asset treasury companies. Jetking Infotrain, an IT training firm, faced this rejection. The company considers appealing to the Securities Appellate Tribunal. This decision puts future crypto treasury plans on hold.
