MF Update: SIP Inflows Remain Resilient Despite Market Volatility. AMFI data for May 2026 showed SIP inflows holding steady at approximately Rs 30,954 crore. This underscores retail investor discipline amid broader equity flow moderation, supporting long-term market stability.
MF Update: Life Cycle Funds Emerge as Key SEBI-Approved Category for Target-Year Investing. Following SEBI’s February 2026 circular on scheme categorisation, multiple asset managers have advanced launches of Life Cycle Funds (target maturity funds) with fixed tenures in five-year increments up to 30 years.
Regulatory Update: RBI Introduces Forex Swap Facility for Banks’ Overseas Borrowings. The Reserve Bank of India extended a concessional forex swap window for lenders’ foreign currency borrowings with a minimum three-year maturity. Banks reported gains in share prices following the move, aimed at easing funding costs and supporting capital inflows.
Banking Sector Update : Indian Banks Increase FCNR Deposit Rates to Attract NRI Funds. Major banks including SBI, ICICI, and HDFC raised rates on USD FCNR(B) deposits to 6–7.1% following RBI policy measures. The initiative, with swap facility till September 2026, seeks to boost foreign inflows and bolster forex reserves.
