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SBI Mutual Fund gets Sebi's clearance to launch IPO
The proposed maiden public offering is entirely an offer for sale (OFS) of up to 20.37 crore equity shares, with no fresh issue component, according to the draft red herring prospectus (DRHP) filed in March.

SEBI Board Meeting Highlights: SEBI looks to remove barriers to longer-term derivative contracts
SEBI Board Meeting Highlights: Securities and Exchange Board of India has announced major market reforms including open-market buybacks, AIF rollout changes and mutual fund intraday borrowing flexibility, alongside updates on NSE-related issues and an upcoming study on investor losses and derivatives data.
Sebi approves open-market buybacks, eases mutual fund borrowing norms
The market regulator also cleared a faster approval route for alternative investment funds and aligned norms for securitised debt instruments with RBI rules
Market snaps five-day rally as IT rout drags Nifty below 24,050
The domestic equity benchmarks ended sharply lower on Friday, snapping a five-session winning streak. The Nifty slipped below the 24,050 mark as a steep sell-off in IT stocks weighed on sentiment. Technology shares came under pressure after Accenture trimmed its revenue growth guidance and flagged weak demand visibility, raising concerns about global IT spending. Healthcare and pharma stocks, however, bucked the broader weakness. Investor sentiment was further affected by continued FII selling, weak global cues and rising geopolitical tensions in the Middle East. Profit booking following the recent market rally also added to the downside pressure.

Zerodha launches India's first target-date mutual funds for long-term goals
Zerodha Fund House has launched India's first target-date mutual funds that begin with a higher allocation to equities and gradually move towards debt and other lower-risk assets as the target year approaches, helping investors stay aligned with long-term goals.

Rajesh Palviya of Axis Sec suggests K.P.R. Mill, Olectra Greentech, Nykaa shares to buy today - 19 June
The Indian stock market experienced a pullback as major indices dropped, primarily due to a slump in IT stocks triggered by Accenture's disappointing outlook. The Nifty 50 and Sensex both fell, reflecting investor caution amidst profit-taking after prior gains.

HealthQuad looking at deeper opportunities in new age healthcare with its Fund III
The early growth investor sees a wider and deeper opportunity across new age healthcare models, as demand and the pipeline of entrepreneurs building stronger, lasting businesses continues to grow
Nifty extends winning streak to fifth day; banks, healthcare stocks lead gains
The S&P BSE Sensex advanced 254.36 points or 0.33% to 77,409.98. The Nifty 50 index rose 82.30 points or 0.34% to 24,168. In five sessions, the Sensex jumped 4.85% and Nifty climbed 4.35%.

ICICI Prudential Mutual Fund trims stake to 7.12% in Kalpataru Projects International
ICICI Prudential Mutual Fund has decreased its stake in Kalpataru Projects International Ltd below 8% through open market transactions, selling 1,498,354 shares since December 2021.
FILA Group sells 7% stake in DOMS Industries for Rs 934 crore
Italian multinational FILA Group has sold a 7 percent stake in DOMS Industries for Rs 934 crore. SBI Mutual Fund and Axis Mutual Fund have bought a combined 2.13 percent stake for Rs 285 crore. FILA Group's shareholding in DOMS Industries has reduced. DOMS Industries manufactures stationery and art materials. The company's shares saw a rise after the transactions.

How to invest in crypto through SIPs
Crypto SIPs bring mutual fund style discipline to Bitcoin and Ethereum investing, using rupee cost averaging to manage volatility, but risks and regulation remain.

DOMS Industries block deal: SBI MF, Axis MF buy as FILA sells 7% stake for ₹935 cr
SBI Mutual Fund purchased 9.3 lakh shares of DOMS Industries for approximately ₹205 crore. Axis Mutual Fund acquired 3.6 lakh shares in the company for around ₹79.6 crore.