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Where to invest now: SBI MF prefers large caps, pharma, PSU banks
Ruchit Mehta, Head of Research at SBI Mutual Fund, prefers CDMO and hospital plays within pharma, citing stronger growth prospects over generics. He sees large caps as attractive on valuations, while midcaps require selectivity amid earnings risks. PSU banks may outperform in the near term due to stronger loan growth, but asset quality risks could emerge over the next 2–3 quarters if global disruptions persist.

Nippon Life AMC Q4 profit up 29%; declares ₹12.50 final dividend
The company’s mutual fund quarterly average assets under management (QAAUM) rose 30% YoY to ₹7.25 lakh crore, while total closing AUM increased 18% YoY to ₹7.73 lakh crore.

SBI Card Q4 profit rises 14%; revenue up 6%
SBI Card Q4 results show 14% profit growth and 6% revenue rise year on year, signaling steady expansion and moderate top line momentum.
Invesco Mutual Fund unveils Invesco India BSE Sensex Index Fund and Invesco India Nifty Bank Index Fund - Upstox
Invesco Mutual Fund unveils Invesco India BSE Sensex Index Fund and Invesco India Nifty Bank Index FundUpstox

Trent, L&T to HDFC Bank: How are the worst-performing Nifty 50 stocks of last month faring in April?
Earlier this month, DSP Mutual Fund in its strategy report said that it is shifting from a conservative to a constructive view on the Indian stock market, as the correction has brought valuations closer to long-term averages.

Norway $2.2 Trillion Fund Lost 1.9% in Quarter Led by Tech Slide
Norway’s wealth fund lost 1.9% in the year’s first quarter, dragged down by its investments in US technology stocks.

Tata Mutual Fund picks up ₹37 crore in multibagger small-cap stock Mufin Green Finance via bulk deal
Tata Mutual Fund invested ₹37 crore in Mufin Green Finance, acquiring 33,00,000 shares at ₹113.23 each. This investment highlights institutional interest in EV financing, with Mufin's stock rising to ₹117.70 post-deal, reflecting strong market confidence in niche NBFCs.

SBI Life Insurance Q4 Results: Net profit slips 1% YoY to ₹804 crore; premium income up 16%
SBI Life Insurance reported a 1% decline in net profit for Q4 FY26, totaling ₹804 crore, down from ₹814 crore last year. Net premium income increased by 16% year-on-year to ₹27,684 crore.
PE firm EQT closes $15.6 billion Asia fund, largest in region amid fundraising slump
Oversubscribed BPEA IX becomes Asia-Pacific’s largest PE fund as global investors consolidate capital with scaled platforms amid a 12-year regional fundraising low.

Adani Enterprises board meets on April 30 to discuss three important matters; Details here
In October 2024, Adani Enterprises had raised ₹4,200 crore through a QIP by issuing shares to Quant Mutual Fund, SBI Life Insurance and other eligible buyers.

Stocks to Buy: Citi projects 20% upside for a stock that Mutual Funds lapped up in March
Citi expects Anthem Bio's revenue to grow at a 19% CAGR over financial year 2026-2028 and its Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) to grow at a 22% CAGR during the same timeframe.

Nippon India Mutual Fund accounts for over half of Akshaya Tritiya gold, silver ETF volumes
Nippon India Mutual Fund led gold and silver ETF trading on Akshaya Tritiya with 51% share, strong liquidity, and about 52% annual volume and 45% of ETF investors.