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SBI Mutual Fund stake in Bandhan Bank crosses 5 pc
SBI Mutual Fund has increased its holding in Bandhan Bank. The fund now owns over 5 percent of the bank's paid-up share capital. This stake was finalized on May 20, 2026. SBI Mutual Fund acquired additional shares from the open market on that day. Bandhan Bank's shares saw a slight increase in trading on Friday.
11 MF-backed microcap stocks rallied up to 515% in a year; 7 turned multibaggers
Despite the Nifty Microcap 250 index remaining largely flat over the past year, several microcap stocks delivered extraordinary gains. ET Markets identified 11 microcap companies held by over 20 mutual fund schemes as of April 2026, of which seven turned multibaggers, reflecting strong institutional conviction and sharp wealth creation in select pockets of the market.
SBI Mutual Fund raises stake in Bandhan Bank. Check details - Mint
SBI Mutual Fund raises stake in Bandhan Bank. Check detailsMint
Nifty Bank rises 650 points as report says RBI unlikely to hike rates to defend rupee; Axis, ICICI, HDFC shares jump up to 2%
Indian bank stocks surged on Friday morning. This followed a report indicating the Reserve Bank of India is not planning interest rate hikes to counter the rupee's decline. The RBI is reportedly focusing on inflation as the primary driver for its monetary policy decisions. Other measures are being considered in coordination with the government.

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.
INR rebounds well from historic lows as oil retreats from elevated levels; geopolitical risk and oil price sensitivity to cap upside
The Indian rupee rebounded 49 paise from its all-time closing low to settle at 96.37 against the US dollar on Thursday after crude oil prices retreated from elevated levels amid signs of easing geopolitical friction, alongside likely central bank intervention. Rupee had gained after the recent geopolitical developments, but investors are still gauging the geopolitical risk and oil price sensitivity in the background. The one-year forward market rate for the rupee touched the crucial 100/USD mark on Wednesday, indicating that currency markets are pricing in a weakening bias for the USD/INR pair over the next 12 months. Meanwhile, The Nifty 50 settled at 23,654.70 (down 4.30 points or 0.02%), while the BSE Sensex closed at 75,183.36 (down 135.03 points or 0.18%). The dollar index rose above 99.2 on Thursday, approaching again April-highs, as markets continued to track developments in the Middle East.
Sensex, Nifty end lower amid weak global cues
The key equity indices ended marginally lower on Thursday as reports of possible RBI intervention to defend the rupee unnerved investors. Reports indicated that the Reserve Bank of India is considering a range of measures to stabilise the currency, including a rate hike, additional currency swaps and raising dollars from overseas investors. Persistent FII selling and profit booking at elevated valuations further weighed on sentiment, while weak global cues added to the pressure. The Nifty slipped below the 23,700 mark, dragged down by steep losses in IT and FMCG stocks.
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.