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.
SIF strategies compared: five types, 33 funds
16 Sep 2026
17 SIF brands now run 33 strategies of five types. As the Nifty 50 fell 5.1% in a month, the median equity long-short SIF fell 2.7%; the median hybrid was flat.
Fund IndustryFund Returns
Retirement and children's funds: three kinds, one label
14 Sep 2026
Of 41 retirement and children's funds, 9 move like debt funds, 14 like hybrids and 18 like equity funds. Their returns to 11 September 2026, grouped by risk.
Fund Returns
Nifty Midcap 150 P/E at 28.6, near a record index
11 Sep 2026
The Nifty Midcap 150 closed at a P/E of 28.64 on 10 September 2026, below its 30.41 median, while its 0.58% dividend yield matched a five-year low.
Market Valuations
The rupee in 2026: down against every major currency
10 Sep 2026
From 31 December 2025 to 9 September 2026 the rupee fell 5.33% against the dollar, 4.36% against the euro and 12.21% against the Australian dollar.
Market Recap
Nifty India Defence P/E at 60, three times the Nifty 50
09 Sep 2026
Nifty India Defence closed at a record 9,998.70 on 8 September 2026 at a P/E of 60.34, higher than on 93% of days since 2022 and 3.02 times the Nifty 50's.
Market ValuationsSectors
Consumption funds in September 2026: a weak year
08 Sep 2026
The median consumption fund lost 4.22% in the year to 7 September 2026, against 5.60% for the Nifty India Consumption. Over three years only 2 of 13 beat it.
SectorsFund Returns
New mutual funds in August 2026: 17 launches
07 Sep 2026
17 new schemes published a first NAV in August 2026, seven of them active equity funds. That takes 2026 to 113 launches, against 147 by the end of August 2025.
Fund IndustryNifty 50 P/E at 20.20; its P/B of 2.89 is a six-year low
07 Sep 2026
The Nifty 50 closed at a P/E of 20.20 on 4 September 2026, in its cheapest 7% of sessions since 2021, and a P/B of 2.89, the lowest since June 2020.
Market Valuations
Equity fund scorecard, August 2026: small caps lead again
04 Sep 2026
The median small-cap fund gained 4.40% in August 2026 and is up 17.82% for the year; large caps were flat at −0.03%. Medians by category, NAVs to 31 August.
Fund Returns
FII vs DII in August 2026: a net buy undone at the end
02 Sep 2026
FIIs were net buyers of Indian shares in August 2026 until the last two sessions turned it into a ₹7,532 crore net sale. DIIs bought ₹58,268 crore.
FII & DII Flows
Gold up 9.1%, silver up 14.6% in August 2026
02 Sep 2026
Gold rose 9.1% to ₹1,35,882 per 10 grams in August 2026, its fourth-best month since 2021, and silver 14.6% to ₹2,03,070 per kg. Both faded late.
Gold & Silver
August 2026 in numbers: small caps near their high
01 Sep 2026
The Nifty 50 fell 1.2% in August 2026 while the Smallcap 250 rose 2.5% to within 1.4% of its record. Gold rose 9.1%, silver 14.6%. The month in one page.
Market Recap
Equal weight vs the Nifty 50: the gap in 2026
28 Aug 2026
The NIFTY50 Equal Weight index is down 1.04% in 2026 to 27 August, the Nifty 50 down 7.80%. Equal weight has led each year since 2020; its P/E is now higher.
Market ValuationsFund ReturnsNifty 500 P/E at 22.9: the broad market vs the Nifty 50
27 Aug 2026
The Nifty 500 closed at a P/E of 22.89 on 26 August 2026, 1.12 times the Nifty 50's 20.46, a wider gap than on 84% of sessions since 2021.
Market ValuationsMutual fund AUM by category, April–June 2026
26 Aug 2026
Active equity funds held 43.1% of mutual fund assets in April–June 2026 and added ₹1,13,542 crore, most of the quarter's growth. Liquid funds grew 12.6%.
Fund Industry
Nifty PSU Bank P/B at 1.18, and a yield edge that shrank
25 Aug 2026
Nifty PSU Bank closed at a P/B of 1.18 on 24 August 2026, near its median since 2021. Its yield fell from 2.38% in May to 0.75%, near private banks' 0.63%.
Market ValuationsSectors
Liquid funds returned 6.44% in a year, and sped up
24 Aug 2026
The median liquid fund returned 6.44% in the year to 23 August 2026, much as in March. But its last six months ran at about 6.9% a year, against 6.0% then.
Debt & Hybrid Funds
PSU funds in August 2026: strong years, behind the index
21 Aug 2026
PSU equity funds returned a median 24.05% a year over three years to 20 August 2026. The Nifty PSE's estimated total return was 25.74%, and all four trailed it.
SectorsFund Returns
India VIX back near 11: how fast the fear gauge fell
20 Aug 2026
India VIX closed at 11.32 on 19 August 2026, down 59% from 27.89 on 30 March. Only 6.5% of closes since 2014 have been lower. How it got here.
Market ValuationsMarket Recap
Back above February: which equity funds have recovered
19 Aug 2026
By 18 August 2026, 256 of 306 diversified equity funds were back above their 27 February NAV, every small-cap fund but only 17 of 33 large caps.
Fund Returns