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.
Fastest-growing fund houses, January–March 2026
23 Apr 2026
Industry AUM rose just 0.65% in January–March 2026, but Zerodha grew 43.6% and Jio BlackRock 21.5%. 22 of 51 houses shrank. Who grew over the quarter and year.
Fund Industry
Gold funds returned 54% in the year to April 2026
22 Apr 2026
The median gold fund of funds returned 54.44% in the year to 21 April 2026. Across 17 funds holding the same metal, best and worst were 2.87 points apart.
Gold & SilverFund Returns
Short duration vs corporate bond funds: April 2026
21 Apr 2026
The median short duration fund returned 5.79% in the year to 20 April 2026 and the median corporate bond fund 5.37%. Both trailed liquid funds' 6.34%.
Debt & Hybrid Funds
Largest fund houses by AUM, January–March 2026
17 Apr 2026
SBI Mutual Fund averaged ₹12.48 lakh crore in January–March 2026, 15.3% of the industry's ₹81.54 lakh crore. The top 15, and a quarter that barely grew.
Fund Industry
Flexi-cap fund returns: how far they fell in March
16 Apr 2026
The median flexi-cap fund lost 10.95% in March 2026 and fell 14.70% below its record NAV, then regained 9.91% by 15 April. The 1 to 10-year spread.
Fund Returns
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 FlowsGold 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