MF Update: Equity MF Assets Grow 17% YoY Amid Market Volatility Industry data for April 2026 indicates that equity mutual fund assets under management increased 17% year-on-year to approximately Rs 49.2 lakh crore, despite periods of market volatility. The sector added nearly 71 lakh new investors over the preceding 12 months, supported by sustained SIP inflows of Rs 31,115 crore in April and a total mutual fund AUM of Rs 81.9 lakh crore.
Economy Update: India Reports Robust 7.7% GDP Growth for FY26 India’s economy expanded 7.7% in FY26, with Q4 FY26 growth at 7.8%, driven by strong performance in manufacturing, services, trade, and financial sectors. This resilient growth underscores domestic demand and investment momentum despite global headwinds.
Regulatory Update: RBI Maintains Repo Rate at 5.25% with Neutral Stance The RBI’s MPC unanimously kept the repo rate unchanged at 5.25% in its June 2026 meeting, retaining a neutral stance while noting economic resilience. Measures to attract foreign inflows and support liquidity were highlighted amid global uncertainties.
Auto Sector Update: Indian Passenger Vehicle Sales Surge 26% YoY in May 2026 Wholesale passenger vehicle volumes reached approximately 4.4 lakh units in May 2026, representing a 26% increase over the prior year. Strong SUV demand and steady consumer sentiment supported the performance, indicating robust domestic market fundamentals.
