Market News
Stay updated with the latest market trends, earnings, and economic indicators.

ICICI Prudential Mutual Fund raises stake in Travel Food Services, shares rise
ICICI Prudential Mutual Fund has announced the acquisition of an additional stake in Travel Food Services, increasing its total shareholding in the company to above 5%.
Equity MF inflows fall 40% on month in May, SIP flows hold above Rs 30k mark for fourth month
Actively managed equity mutual funds recorded net inflows of Rs 22,907.77 crore in May, according to monthly data released by the Association of Mutual Funds in India today. This was lowest monthly equity inflow recorded so far in 2026, and marked a slide of around 40% from Rs 38,440.20 crore in April. Large-cap funds saw inflows of Rs 1,592.93 crore, a drop of 36.9% against Rs 2,524.61 crore in April. Mid-cap funds inflow came in at Rs 4,385.06 crore, a fall of 33.1% versus Rs 6,551.40 crore. Small-cap funds received Rs 4,945.57 crore, down 28.2% compared with Rs 6,885.90 crore in April. AMFI data showed that Flexi-cap funds saw inflows of Rs 5,175.54 crore, down 49% against Rs 10,147.85 crore in April. Sectoral and thematic funds recorded Rs 647.87 crore, down 66.8% versus Rs 1,949.36 crore.

SEBI proposes review of AMC executive remuneration disclosure norms
SEBI seeks public comments on proposed changes to AMC executive pay disclosures, aiming to streamline norms while preserving transparency for mutual fund investments.

Axis MF's Shreyash Devalkar sees opportunities in EVs, exports and FMCG recovery
Shreyash Devalkar, Head of Equity at Axis Mutual Fund, highlighted rising electric vehicle adoption in two-wheelers and said manufacturing exporters could emerge as beneficiaries of rupee depreciation over time. Devalkar also remains selective on consumption plays and cautious on large-cap IT stocks due to weak growth visibility.

Gold ETFs Break 13-Month Win Streak As Investors Pull Out Rs 725 Crore In May
Net gold ETF outflows stood at Rs 725 crore, according to data released by the Association of Mutual Funds in India

Equity Fund Inflows Slump 40% To Rs 22,908 Crore In May, Lowest In 2026
SIP contribution for May stood at Rs 30,954 crore, a marginal dip of 0.5% from Rs 31,115 crore in April.
India equity mutual fund inflows slip to one-year low in May amid Iran war jitters, AMFI data - Reuters
India equity mutual fund inflows slip to one-year low in May amid Iran war jitters, AMFI dataReuters

Jio BlackRock prepares ETF debut by August after building $2 billion India fund base By Reuters - Investing.com
Jio BlackRock prepares ETF debut by August after building $2 billion India fund base By ReutersInvesting.com
PE investor BC Investments sells Rs 612 crore stake in Emcure Pharma; Kotak MF picks up stake
Private equity firm BC Investments IV sold a Rs 612 crore stake in Emcure Pharmaceuticals to Kotak Mahindra Mutual Fund at Rs 1,700 per share. Despite this divestment, analysts remain positive on Emcure's growth outlook across its core therapeutic segments.
Sebi may widen 50% overlap rule to thematic passive mutual fund schemes
Curb on number of smart-beta schemes also likely; move aimed at curbing proliferation in segment

Ajanta Pharma promoter sells ₹1,024 crore stake; mutual funds step in as buyers
A promoter entity of Ajanta Pharma has sold a 2.8% stake in the drugmaker for over ₹1,000 crore through a block deal, with Kotak Mahindra Mutual Fund and Aditya Birla Sun Life Mutual Fund emerging as the key buyers.
Promoter sells Rs 1,024 crore worth of Ajanta Pharma shares in block deal to Kotak MF and ABSL MF
A promoter entity of Ajanta Pharma sold shares worth over Rs 1,024 crore through a block deal, with Kotak Mahindra Mutual Fund and Aditya Birla Sun Life Mutual Fund acquiring the stake. The transaction comes amid strong earnings growth, healthy margins and sustained momentum in the company’s pharmaceutical business.