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.
Specialised investment funds at six months: 14 strategies
15 Apr 2026
Nine SIF brands ran 14 long-short strategies by 13 April 2026. When the Nifty 50 fell 11.3% in March, all 11 SIFs then running did better than the index.
Fund Industry
Nifty FMCG P/E at 34, near its lowest since 2021
14 Apr 2026
Nifty FMCG closed at a P/E of 34.01 on 13 April 2026, below all but 10 sessions since 2021. Its earnings rose 12% in a year while its price fell 15%.
Market ValuationsSectors
Small-cap fund returns in April 2026, after the fall
10 Apr 2026
To 9 April 2026 the median small-cap fund returned 11.39% over a year and 18.84% a year over three. Only 4 of 23 beat the index over three years.
Fund Returns
The equity funds that fell least in March 2026
09 Apr 2026
From 27 February to 30 March the Nifty 50 fell 11.31%. 215 of 311 diversified equity funds fell less, and Quant Mid Cap lost only 4.00%. Who held up best.
Fund Returns
Nifty 50 up 3.8% in a day: where 8 April ranks
09 Apr 2026
The Nifty 50 rose 3.78% on 8 April 2026, 873.70 points, its biggest one-day gain since May 2025. How it ranks since 2007, and where it leaves the index.
Market RecapBalanced advantage funds fell 6.6% as the Nifty lost 11%
08 Apr 2026
From 27 February to 30 March 2026 the Nifty 50 fell 11.31%. The median balanced advantage fund lost 6.62%, and then caught about 60% of the rebound too.
Debt & Hybrid FundsFund Returns
Nifty 50 P/E at 20.18 after a March low of 19.62
07 Apr 2026
The Nifty 50 closed at a P/E of 20.18 on 6 April 2026, up from 19.62 on 30 March, its lowest since July 2022. Prices moved; earnings did not.
Market Valuations
New mutual funds in March 2026: 25 launches
06 Apr 2026
25 new schemes published a first NAV in March 2026, the busiest month of the year so far. Nine were fund-of-funds and three tracked short-term debt indices.
Fund Industry
The rupee in Q1 2026: ₹89.77 to ₹94.36 a dollar
06 Apr 2026
The dollar rose 5.11% against the rupee in January to March 2026, to ₹94.36 on 31 March, a day after a record weak close of ₹94.78. FII selling ran alongside.
Market RecapFII & DII Flows
Financial year 2025-26: how every fund category did
04 Apr 2026
From 31 March 2025 to 31 March 2026, 198 of 294 diversified equity funds lost money; mid caps were the one bright spot and silver funds doubled. Every category.
Fund ReturnsMarket Recap
Nifty 50 stocks in March 2026: 46 of 50 fell
04 Apr 2026
Only 4 current Nifty 50 stocks rose in March 2026; Coal India led with +4.6% and Tata Motors PV fell 22.6%. 24 stocks fell more than the index. Best and worst.
SectorsMarket Recap
Equity fund scorecard, March 2026: 556 of 557 fell
03 Apr 2026
The median equity fund lost 10.70% in March 2026, and 556 of 557 fell. Small caps fell least. March, Jan-Mar, 1, 3 and 5-year medians by category.
Fund Returns
FII vs DII in March 2026: largest month in our record
02 Apr 2026
FIIs sold a net ₹1,22,540 crore in March 2026 and DIIs bought ₹1,42,961 crore: the largest month on both sides since our record began in September 2024.
FII & DII Flows
Gold fell 7.9% and silver 16.4% in March 2026
02 Apr 2026
March 2026 was the worst month in our series for gold (−7.9%) and silver (−16.4%). Both still rose in the quarter, gold 12.9% and silver 11.9%.
Gold & SilverMarch 2026 in numbers: the worst month since 2020
01 Apr 2026
The Nifty 50 fell 11.3% in March 2026 and 14.5% over January–March. FIIs sold a record ₹1.23 lakh crore; DIIs bought ₹1.43 lakh crore. The month and quarter.
Market Recap
Nifty 50 down 15% from its high: how deep is this fall?
31 Mar 2026
The Nifty 50 closed at 22,331.40 on 30 March 2026, 15.18% below its record, with the P/E at 19.62 and India VIX at 27.89. Where this fall sits in the record.
Market RecapMarket ValuationsArbitrage funds returned 6.90% in a year to March 2026
30 Mar 2026
The median arbitrage fund returned 6.90% in the year to 27 March 2026, against 6.27% for liquid funds. March's volatility did not speed the funds up.
Debt & Hybrid Funds
Nifty IT P/E at 21.1, level with the Nifty 50
27 Mar 2026
Nifty IT closed at a P/E of 21.08 on 25 March 2026, below all but 10 sessions since 2021 and level with the Nifty 50. Its price fell 22% in eight weeks.
Market ValuationsSectors
Nifty 50 P/E slips under 20, first time since March 2025
26 Mar 2026
The Nifty 50's P/E closed at 19.70 on 23 March 2026, under 20 for the first time since 13 March 2025. Price did all the work; earnings were flat.
Market Valuations
Direct vs Regular plans: the return gap, from NAVs
25 Mar 2026
Across 372 equity schemes sold both ways, the Direct plan beat the Regular by a median 1.31 points a year over three years to 24 March 2026. By category.
Costs & FeesFund Returns