Blog
What the numbers said — fund returns and costs, foreign and domestic flows, index valuations, gold and silver — plus tax, retirement and personal-finance basics, written from the same data the rest of this site shows, with the date on every figure.
Nifty FMCG P/E at 30.4: the lowest since 2021
05 Oct 2026
Nifty FMCG closed at a P/E of 30.37 on 1 October 2026, lower than on any of the 1,361 sessions since March 2021. The index is 34% below its 2024 peak.
Market ValuationsSectors
Nifty IT P/E at 17.8: below the Nifty 50
05 Oct 2026
Nifty IT closed at a P/E of 17.80 on 1 October 2026, under the Nifty 50's 19.19. Only 5 of 1,361 sessions since 2021 were lower.
Market ValuationsSectors
Sharpe ratios: Invesco India has 4 of the top 10
05 Oct 2026
Among 264 diversified equity funds the median three-year Sharpe ratio is 0.35 and none reaches 1. Bandhan Small Cap leads at 0.95; mid caps top the categories.
Fund ReturnsInvesting Strategy
Balanced advantage funds: smaller falls, same 3-year gain
04 Oct 2026
Median 3-year drawdown: balanced advantage funds -9.26%, large-cap funds -16.44%. Their 3-year returns are almost level, 8.79% against 8.88%. Seven categories.
Debt & Hybrid FundsFund Returns
What a five-year delay costs a ₹10,000 monthly SIP
04 Oct 2026
At 12% a year, starting a ₹10,000 SIP at 30 instead of 25 leaves ₹3.53 crore instead of ₹6.50 crore at 60. The sums at 8%, 10% and 12%, and the catch-up.
Investing StrategyPersonal Finance
Debt fund YTM by category: what the portfolios yield
04 Oct 2026
Median yield to maturity at end-August 2026: liquid funds 6.14%, corporate bond 7.47%, credit risk 8.31%. What is left after costs, and why returns differ.
Debt & Hybrid FundsCosts & Fees
Does FII selling move the Nifty? Two years of daily data
04 Oct 2026
FIIs were net sellers on 360 of 511 days since September 2024; the Nifty 50 rose on 41% of them, against 66% on buying days. The day after, no pattern at all.
FII & DII FlowsMarket RecapFII vs DII in July–September 2026: the quarter's flows
04 Oct 2026
FIIs sold a net ₹57,324 crore in Q3 2026, the smallest quarterly sale since late 2025; DIIs bought ₹1,69,398 crore. Five quarters side by side.
FII & DII FlowsMarket Recap
Three months, 22 fund categories: Q3 2026 scorecard
04 Oct 2026
In the three months to 1 October 2026 the median small-cap fund returned 1.52% and the median large-cap fund -4.31%. Twenty-two categories ranked.
Fund ReturnsMarket RecapFund houses ranked: equity funds vs their categories
04 Oct 2026
263 active equity funds against their category medians over three years to October 2026: Motilal Oswal 5 of 5 ahead, HSBC 8 of 9, SBI 2 of 10, Franklin 0 of 9.
Fund IndustryFund Returns
How much gold and silver multi-asset funds hold
04 Oct 2026
In August 2026 portfolios the median multi-asset fund held 12.18% in gold and 1.85% in silver. 360 ONE held 33.91% in the two; WhiteOak under 5%.
Portfolio HoldingsGold & SilverDebt & Hybrid Funds
How SIP redemptions are taxed: FIFO, with real numbers
04 Oct 2026
A 3-year Nifty 50 index fund SIP was ₹12,415 down on 1 October 2026, yet redeeming ₹1 lakh of it booked a ₹6,803 long-term gain. Why FIFO does that.
TaxInvesting Strategy
Index fund vs active fund costs: median expense ratios
04 Oct 2026
The median Direct-plan Nifty 50 index fund charges 0.25% a year; the median large-cap active fund 1.06%. Regular plans charge 2.20%. Twenty categories compared.
Costs & FeesInvesting StrategyIndia VIX in Q3 2026: calm gauge, falling Nifty
04 Oct 2026
The Nifty 50 fell 5.2% in July–September 2026 while India VIX never closed above 14.68, the calmest quarter of 2026. Month by month.
Market ValuationsMarket Recap
Mid and small-cap: index funds against active funds
04 Oct 2026
Over 3 years, 23 of 29 active mid-cap funds beat the median mid-cap index fund; in small caps, 17 of 24 did. Direct plans, 1 Oct 2026.
Fund ReturnsInvesting Strategy
2026's new equity funds: how they've done since launch
04 Oct 2026
22 active equity funds started in January–June 2026. 16 are ahead of the Nifty 500 since their first NAV, but 7 of the 10 diversified ones trail older funds.
Fund IndustryFund Returns10-year Nifty 50 SIPs: every start month since 2007
04 Oct 2026
109 ten-year SIPs in the Nifty 50, one per start month from October 2007: median 13.34% a year, worst 3.89%, none lost money. The end date mattered most.
Investing StrategyFund Returns
Nifty Next 50 index funds compared: returns and costs
04 Oct 2026
The Nifty Next 50 rose 1.31% in a year as the Nifty 50 fell 9.72%. The 17 index funds tracking it: 3-year returns of 15.47–15.90%, costs from 0.20%.
Fund ReturnsCosts & FeesMarket Valuations
Sector indices in Q3 2026: IT and pharma up, FMCG down
04 Oct 2026
From 30 June to 30 September 2026 Nifty Media rose 7.1% and Nifty IT 5.3%; Nifty FMCG fell 8.8% and Nifty Energy 7.8%. Fifteen sector indices ranked.
Market RecapSectors
NPS at 60: the tax cost of taking 80% as a lump sum
04 Oct 2026
NPS now lets you take up to 80% of the corpus at 60, but only 60% is tax-free. On a ₹50 lakh corpus the extra ₹10 lakh costs from ₹0 to ₹2.91 lakh in tax.
RetirementTax