SBI Funds Management sets IPO price band at Rs 545–574 for Rs 11,693 crore public offerThe anchor book will open on Monday, July 13. The IPO will open for subscription on Tuesday, July 14, and close on Thursday, July 16.
09 Jul, 2026, 06.07 PM IST
SBI Funds Management IPO: What portion is reserved for SBI's 38 lakh shareholders?SBI Funds Management's Rs 11,693-crore IPO has earmarked up to 1.3 crore shares worth nearly Rs 750 crore for eligible SBI shareholders. Th...
09 Jul, 2026, 01.38 PM IST
SBI’s 15-paise bet: How India's largest bank is turning a tiny cost into mindboggling 382,567% profitSBI and Amundi India Holding are set to earn combined profits of about Rs 11,658 crore from the Rs 11,693 crore IPO of SBI Funds Management...
09 Jul, 2026, 12.07 PM IST
SBI rejects Rs 9.48 lakh VRS claim after employee dies a month before cut-off date; HC orders payment to family for this reasonThe Telangana High Court recently held that where an SBI employees' VRS application had already been accepted then his death before the for...
09 Jul, 2026, 10.38 AM IST
Best tax saving mutual funds or ELSS to invest in July 2026Taxpayers often invest in ELSS funds for Section 80C deductions. These funds offer potential for higher returns over the long term. ELSS sc...
09 Jul, 2026, 09.36 AM IST
PayU will grow 25% across payments, credit over the next 18 months, says CEOOne of the early movers in the payments processing business, targeting small business and merchants, PayU has grown into a larger fintech f...
09 Jul, 2026, 06.00 AM IST
SBI Funds Management IPO to open on July 14. Check detailsSBI Funds Management has filed its red herring prospectus for an IPO comprising only an offer for sale by SBI and Amundi India Holding. The...
09 Jul, 2026, 12.39 AM IST
Best large & mid cap funds to invest in July 2026Large and mid cap mutual funds invest in both large and mid cap stocks. These schemes suit aggressive investors willing to take on extra ri...
08 Jul, 2026, 09.38 AM IST
Best small cap mutual funds to invest in July 2026Small cap funds saw significant inflows in May 2026 after a poor 2025. Despite market volatility, advisors suggest staggered investments fo...
07 Jul, 2026, 09.25 AM IST
Healthy credit cycle set to keep NBFCs on growth track in Q1Non-banking finance companies are poised for a strong April-June quarter, with analysts predicting a 20% rise in assets under management. T...
06 Jul, 2026, 06.29 AM IST
Adani Enterprises QIP gets nearly 4x bids, successfully raises Rs 15,000 croreAdani Enterprises successfully raised ₹15,000 crore through a qualified institutional placement, attracting significant interest from both ...
04 Jul, 2026, 10.24 AM IST
SBI Funds Management seeks Rs 2,000 crore in pre-IPO roundSBI Funds Management, India's largest mutual fund, is planning a significant IPO, potentially raising up to ₹2,000 crore through a pre-IPO ...
04 Jul, 2026, 10.14 AM IST
The Wealth Company Asset Management announces appointment of Unmesh Kulkarni as managing directorThe Wealth Company, part of Pantomath Group, has appointed Unmesh Kulkarni as its Managing Director. With 29 years of experience in wealth ...
03 Jul, 2026, 04.29 PM IST
Hong Kong's AUM hits record $5.4 trillion on 193% rise in inflowsHong Kong has taken numerous steps to attract wealth in recent years, an attempt to rebound after the city lost some of its allure in the w...
02 Jul, 2026, 11.56 PM IST
SBI Mutual Fund planning IPO launch on July 13, to raise $1.2 billionSBI Mutual Fund is set to launch its IPO on July 13, with a likely $1.2 billion issue size, making it one of the biggest in India’s financi...
02 Jul, 2026, 03.14 PM IST
Top 10 mutual funds to invest in July 2026ETMutualFunds decided to put out a list of top 10 mutual fund schemes. We have chosen two schemes from five different equity mutual fund ca...
02 Jul, 2026, 09.26 AM IST
UTI Mutual Fund buys nearly 15 lakh shares of MCX for Rs 425 croreUTI Mutual Fund has significantly boosted its stake in MCX, acquiring nearly 15 lakh shares for a substantial Rs 425 crore via an open mark...
30 Jun, 2026, 12.58 PM IST