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ICICI Prudential Mutual Fund raises stake in PI Industries over 7%. Details here
ICICI Prudential Mutual Fund increased its stake in PI Industries to 7.16% from 5.12% by acquiring 4.38 lakh shares on May 20, 2026. The fund has now purchased over 30.9 lakh shares since October 2025, showing strong institutional confidence.

Mint Explainer: Are Sebi's third-party mutual fund payments a risk or convenience?
Sebi has recommended third-party transactions for mutual fund investments in certain scenarios in a consultation paper issued on Wednesday.
NCDEX unveils India's first exchange-traded rainfall futures contract
The SEBI-approved contract will begin trading from 29 May 2026 and has been developed in collaboration with IIT Bombay using rainfall data from the India Meteorological Department (IMD).
Forget stocks, you can now profit from Mumbai rains! Here's how NCDEX's unique weather futures work
NCDEX has launched India’s first exchange-traded weather derivative contract, RAINMUMBAI, allowing traders and businesses to hedge against rainfall variability during the monsoon season. The contract is linked to Mumbai rainfall deviation data from IMD and aims to help weather-sensitive sectors manage financial risks arising from excess or deficient rainfall.
Over 15 MF schemes cut exposure to these 10 stocks in April ’26. Do you own any?
Over 15 mutual fund schemes trimmed stakes in 10 major stocks in April 2026, signalling growing caution as market volatility and geopolitical risks rise.

Is buy-on-dips strategy truly working for mutual fund investors? Here's what past 2-year data reveal - Mint
Is buy-on-dips strategy truly working for mutual fund investors? Here's what past 2-year data revealMint
Is your mutual fund SIP secretly crushing the Indian rupee? Jefferies explains the bitter side of the story - The Economic Times
Is your mutual fund SIP secretly crushing the Indian rupee? Jefferies explains the bitter side of the storyThe Economic Times
Is your mutual fund SIP secretly crushing the Indian rupee? Jefferies explains the bitter side of the story
India's strong mutual fund SIP culture is helping foreign investors exit the equity market. This is putting pressure on the Indian Rupee. Jefferies reports that capital flows are low, not the current account deficit. Foreign investors have sold equities worth billions. Domestic savings are now funding these outflows. The Rupee is undervalued, but a rebound is possible.

Gold rate slips on MCX as US Fed minutes hint at potential hikes in near future
MCX gold June futures traded 0.18% lower at ₹1,59,719 per 10 grams around 9:10 am.
Edelweiss MF unveils second SIF offering; Parle confusion lifts stock
Edelweiss Mutual Fund launched its second specialised investment fund offering, while shares of Parle Industries surged after traders mistook it for the maker of Melody toffees
Sebi may allow third-party payments in mutual funds, ease transaction norms
The proposal marks a departure from current regulations that require that all mutual fund transactions must happen with the investor’s verified bank accounts, to enable maintenance of a digital trail.

SEBI Proposes Allowing Investment In Mutual Funds Via Salary Deductions
The regulator has also proposed permitting mutual fund distributors to receive commissions in the form of mutual fund units.