Blog
What the numbers said — foreign and domestic flows, index valuations, gold and silver — written from the same data the rest of this site shows, with the date on every figure.
Arbitrage funds vs liquid funds: the 2026 scorecard
01 Oct 2026
The median arbitrage fund returned 6.68% in the year to 30 September 2026, against 6.46% for liquid funds. Where each came out ahead, and what it cost.
Debt & Hybrid FundsFund Returns
Balanced advantage funds in 2026's falling market
01 Oct 2026
The Nifty 50 fell 13.4% from 31 December 2025 to 30 September 2026. The median balanced advantage fund lost 1.7%, and its worst dip was 8.7%.
Debt & Hybrid FundsFund Returns
Bank stocks in mutual funds: 17% of equity money
01 Oct 2026
Equity funds held ₹6.34 lakh crore in Indian banks on 31 August 2026, 17.06% of their shares. ICICI Bank and HDFC Bank alone were 48% of it.
Portfolio HoldingsSectors
How much cash equity funds hold: 3.3% in August 2026
01 Oct 2026
Equity funds held 3.34% of their money in cash on 31 August 2026, ₹1,30,312 crore. Small-cap funds held 6.59%, large caps 1.64%. Who holds the most.
Portfolio Holdings
The cheapest and dearest NSE indices on their own P/E
01 Oct 2026
Nifty IT trades 35% below its own median P/E since 2021 and Nifty Pharma 21% above. Where 60 NSE indices stood against their history on 1 October 2026.
Market Valuations
Nifty 50 index funds ranked by cost, October 2026
01 Oct 2026
Direct-plan expense ratios on 26 Nifty 50 index funds run from 0.10% to 0.86%. Over a year, the cheapest funds also lost the least to the same index.
Costs & Fees
DIIs bought ₹6.4 lakh crore of Indian shares in 2026
01 Oct 2026
Domestic institutions bought a net ₹6,39,535 crore of Indian shares from January to September 2026, 1.59 times what foreign institutions sold.
FII & DII Flows
Direct vs regular plans: the 1.16-point equity fee gap
01 Oct 2026
A regular equity plan costs a median 1.16 points a year more than its direct twin, on AMFI's September 2026 data. Over ten years, direct ended 10.2% ahead.
Costs & FeesFund Returns
ELSS fund returns in October 2026, and the 3-year lock-in
01 Oct 2026
The median ELSS tax-saver fund returned 10.30% a year over the three years to 30 September 2026, exactly its lock-in period. Best, worst, and the lock-in odds.
Fund Returns
Equity fund scorecard: median returns by category
01 Oct 2026
Mid-cap funds lead on three years at a 15.68% median; large caps trail every period. Median 1, 3, 5 and 10-year returns for 12 categories, to 30 Sep 2026.
Fund ReturnsMarket RecapEquity fund exit loads: what 569 schemes charge
01 Oct 2026
Of 521 non-ELSS equity funds with a Scheme Summary Document, 484 charge an exit load. 82% of those charge 1%, and 39% keep it for a full year.
Costs & Fees196 of 529 equity funds are down over the past year
01 Oct 2026
37% of equity funds lost money in the year to 30 September 2026: 29 of 33 large caps, but 1 of 62 mid and small caps. Which categories and themes fell.
Fund ReturnsMarket RecapFastest-growing mutual fund houses in 2026
01 Oct 2026
Industry AAUM rose 15.3% in the year to April–June 2026. Helios, Zerodha and WhiteOak grew fastest; ICICI Prudential and Nippon India added the most rupees.
Fund Industry
FII vs DII in September 2026: who bought, who sold
01 Oct 2026
FIIs sold a net ₹44,013 crore of Indian shares in September 2026; DIIs bought ₹76,030 crore. The month day by day, and the 15-month streak behind it.
FII & DII FlowsMarket Recap
FIIs sold ₹4.03 lakh crore of Indian shares in 2026
01 Oct 2026
Foreign institutions sold a net ₹4,03,068 crore of Indian shares from January to September 2026, already 31.5% more than in all of 2025. Month by month.
FII & DII FlowsFive-star mutual funds: what the ratings show
01 Oct 2026
185 of 1,629 rated funds hold 5 stars. Among flexi caps, the 5-star median 3-year return trailed the 4-star one; the edge was smaller falls and lower costs.
Fund IndustryFund Returns
Flexi-cap fund returns: a 12-point spread over 3 years
01 Oct 2026
The median flexi-cap fund returned 11.22% a year over three years to 30 September 2026. The best made 18.38%, the worst 6.06%. The 1, 3 and 5-year spread.
Fund ReturnsForeign stocks in Indian equity funds: under 1%
01 Oct 2026
33 of 587 equity schemes held overseas securities on 31 August 2026: ₹37,337 crore, 0.96% of their money. Parag Parikh Flexi Cap alone held 43.6% of it.
Portfolio HoldingsFund managers with the most schemes in 2026
01 Oct 2026
One Kotak manager is named on 88 schemes and nine others on 46 to 59. Most are index funds and ETFs, or roles like managing a fund's overseas holdings.
Fund Industry
Gilt funds returned 3% in a year, half what liquid did
01 Oct 2026
The median gilt fund returned 3.02% in the year to 30 September 2026, against 6.46% for liquid funds. The spread between gilt funds was over 7 points.
Debt & Hybrid FundsFund Returns