MF Update: SIP Collections Remain Robust in June 2026
Systematic Investment Plans (SIPs) in mutual funds continued their strong trajectory, with June 2026 collections reported at approximately ₹31,781 crore by AMFI. This reflects ongoing disciplined retail participation in Indian markets.
Systematic Investment Plans (SIPs) in mutual funds continued their strong trajectory, with June 2026 collections reported at approximately ₹31,781 crore by AMFI. This reflects ongoing disciplined retail participation in Indian markets.
■ Regulatory Update: SEBI Proposes Reforms to Portfolio Manager Regulations
On July 23, 2026, SEBI released a consultation paper proposing a new ‘MF-only PMS’ category, reducing minimum investment thresholds and net worth requirements for providers. The changes aim to enhance accessibility and expand investment options while maintaining safeguards.
On July 23, 2026, SEBI released a consultation paper proposing a new ‘MF-only PMS’ category, reducing minimum investment thresholds and net worth requirements for providers. The changes aim to enhance accessibility and expand investment options while maintaining safeguards.
■ Earnings Update: Shriram Finance Q1 PAT Rises Nearly 60% Year-on-Year
Shriram Finance, on 24 July 2026, reported a net profit of ₹3,444.56 crore for the quarter ended 30 June 2026 (Q1 FY27), up 59.79% year-on-year, driven by a 33.67% rise in net interest income to ₹8,055.70 crore and 15.26% growth in AUM to ₹3.14 trillion.
Shriram Finance, on 24 July 2026, reported a net profit of ₹3,444.56 crore for the quarter ended 30 June 2026 (Q1 FY27), up 59.79% year-on-year, driven by a 33.67% rise in net interest income to ₹8,055.70 crore and 15.26% growth in AUM to ₹3.14 trillion.
■ Policy Update: Finance Minister Directs Easier Treatment for Honest Taxpayers
Finance Minister Nirmala Sitharaman, on 24 July 2026, instructed Income Tax officials to distinguish genuine errors from wilful evasion and reduce the compliance burden on honest taxpayers. The directive seeks to improve the tax administration experience and encourage voluntary compliance.
Finance Minister Nirmala Sitharaman, on 24 July 2026, instructed Income Tax officials to distinguish genuine errors from wilful evasion and reduce the compliance burden on honest taxpayers. The directive seeks to improve the tax administration experience and encourage voluntary compliance.
| Particulars | Price as on 24th July’ 2026 | Price as on 17th July’ 2026 | Change % |
|---|---|---|---|
| S&P BSE Sensex | 76,059.77 | 78,151.45 | -2.68% ⬇ |
| Nifty 50 | 23,767.45 | 24,334.30 | -2.33% ⬇ |
| Nasdaq | 24,975.82 | 25,520.24 | -2.13% ⬇ |
| Gold 999 (10 Gms) | ₹ 1,43,781 | ₹ 1,41,159 | 1.86% ⬆ |
| Silver 999 (1 Kg) | ₹ 2,22,721 | ₹ 2,15,474 | 3.36% ⬆ |
| Crude Oil | 89.24 | 81.74 | 9.18% ⬆ |
| USD INR | ₹ 96.5675 | ₹ 96.2800 | -0.30% ⬇ |