MF Update: Mutual Fund Industry AUM Hits Record ₹82.22 Lakh Crore Assets under management for the mutual fund industry reached a new high of ₹82.22 lakh crore by end-June 2026, surpassing prior records despite net outflows in debt categories. Equity and hybrid inflows contributed to overall growth.
Regulatory Update: SEBI Permits Mutual Funds Intraday Borrowing Under Revised Norms SEBI issued updated guidelines allowing mutual funds greater flexibility for intraday borrowing, effective September 1, 2026, to enhance operational efficiency. This supports better liquidity management in the growing mutual fund industry without compromising investor safeguards.
Results Update: TCS Reports Steady Q1 FY27 Results Nifty 100 constituent TCS posted Q1 revenue of ₹72,275 crore (up 13.9% YoY) and added significant AI-related deals, while increasing headcount. The results highlight resilience and focus on AI-driven growth amid sector challenges.
Corporate Trends : Kotak Mahindra Bank Acquires Deutsche Bank’s India Wealth Operations Kotak Mahindra Bank completed the acquisition of Deutsche Bank’s retail, affluent private banking, and wealth management operations in India, involving significant loan and deposit portfolios. This strategic move strengthens Kotak’s position in the affluent and SME segments.
