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Investor confidence remained strong in May, driving steady growth across both mutual funds and ETFs. Mutual fund assets rose to $2.7 trillion, marking a 13th straight month of net inflows, with bond funds attracting the most interest. ETFs continued to see strong demand as well, with year-to-date inflows significantly higher than last year.
The Turtlemint Fintech Solutions IPO subscribed 0.46 times on June 19, 2026 5:05:57 PM (Day 1). The public issue subscribed 0.30 times in the retail category, 0.75 times in the QIB category, and 0.01 times in the NII category.
Kotak AMC has launched Infinity Hybrid Long Short Growth Direct Plan NFO, Zerodha MF has launched Zerodha Life Cycle 2036 Growth Direct Plan NFO and Zerodha Life Cycle 2041 Growth Direct Plan NFO.
Index Returns
| Index | 1W | 1Y | 3Y | P/E | P/B |
|---|---|---|---|---|---|
| NIFTY 50 | 1.7% | -3.2% | 8.4% | 20.7 | 3.2 |
| NIFTY NEXT 50 | 3.4% | 9.9% | 18.0% | 19.5 | 3.6 |
| S&P BSE SENSEX | 1.7% | -5.6% | 8.9% | 20.8 | 4.1 |
| S&P BSE SMALLCAP | 4.3% | 10.8% | 21.8% | 38.3 | 4.3 |
| S&P BSE MIDCAP | 3.0% | 11.1% | 21.7% | 29.9 | 5.6 |
| NASDAQ 100 | 3.3% | 39.99% | 12.7% | 24.8 | 3.86 |
| S&P 500 | 1.4% | 25.4% | 10.4% | 32.2 | 5.94 |
Best Performers
| Mutual Funds | 1W | 1Y | 3Y |
|---|---|---|---|
| Groww Nifty India Defence ETF FoF | 6.8% | 10.0% | NA |
| Motilal Oswal Nifty India Defence Index | 6.6% | 10.0% | NA |
| Axis Nifty India Defence Index | 6.6% | NA | NA |
| ABSL Nifty India Defence Index | 6.6% | 9.9% | NA |
| Mirae Asset BSE India Defence ETF FoF | 6.5% | NA | NA |
| ELSS Tax Saving Funds | 1W | 1Y | 3Y |
|---|---|---|---|
| Motilal Oswal ELSS Tax Saver | 3.7% | 12% | 24.2% |
| ITI ELSS Tax Saver | 3.6% | 5.6% | 19.3% |
| Invesco India ELSS Tax Saver | 3.5% | -0.6% | 14.1% |
| HSBC ELSS Tax Saver | 3.4% | 6.9% | 18.0% |
| Bank of India ELSS Tax Saver Fund | 3.2% | 7.2% | 16.8% |
| Stocks (Market cap < Rs 50k Cr) | 1W | 1Y | 5Y |
|---|---|---|---|
| Trent | 18.3% | -16.2% | 41.5% |
| GE Vernova T&D India | 16.9% | 133.1% | 108.0% |
| IDBI Bank | 14.8% | -9.8% | 17.2% |
| Yes Bank | 14.4% | 27.8% | 13.1% |
| HDFC Asset Management Company | 13.8% | 10.0% | 13.1% |
Worst Performers
| Mutual Funds | 1W | 1Y | 3Y |
|---|---|---|---|
| HDFC Silver ETF FoF | -3.8% | 110.7% | 45.2% |
| Mirae Asset Silver ETF FoF | -3.8% | NA | NA |
| SBI Silver ETF FoF | -3.7% | 113.6% | NA |
| Tata Silver ETF FoF | -3.7% | 107.0% | NA |
| Groww Silver ETF FoF | -3.7% | 107.0% | NA |
| Stocks (Market cap > Rs 50k Cr) | 1W | 1Y | 5Y |
|---|---|---|---|
| Infosys | -5.7% | -35.6% | -6.9% |
| Tech Mahindra | -3.8% | -17.6% | 5.7% |
| Zydus Lifesciences | -3.2% | 11.7% | 11.5% |
| Torrent Pharmaceuticals | -3.1% | 37.3% | 25.1% |
| Fortis Healthcare | -2.6% | 26.9% | 32.9% |
What Investors Bought
| Most Bought MF | 1W | 1Y | 3Y |
|---|---|---|---|
| Parag Parikh Flexi Cap | -1.3% | -3.6% | 15.2% |
| UTI Nifty 50 Index | 1.1% | -4.2% | 9.3% |
| Bandhan Small Cap | -0.1% | 5.2% | 29.6% |
| HDFC Mid Cap | -0.10% | 4.90% | 21.10% |
| Kotak Arbitrage | 0.20% | 6.40% | 7.70% |
What Investors Sold
| Most Bought MF | 1W | 1Y | 3Y |
|---|---|---|---|
| Parag Parikh Flexi Cap | 2.3% | -0.5% | 15.3% |
| Invesco India Small Cap | 5.1% | 14.3% | 25.0% |
| Bandhan Small Cap | 2.9% | 9.7% | 29.2% |
| Edelweiss Nifty Smallcap 250 Index | 3.7% | 5.8% | 19.4% |
| UTI Nifty 50 Index | 1.8% | -2.1% | 9.6% |
Most Watchlisted
Mutual Fund Watchlist | 1W | 1Y | 3Y |
|---|---|---|---|
| Axis Small Cap | 3.6% | 8.1% | 16.9% |
| UTI Nifty Next 50 Index | 3.3% | 10.6% | 18.8% |
| Bandhan Small Cap | 3.0% | 9.7% | 29.2% |
| Axis Nifty 50 Index | 1.8% | -2.1% | 9.7% |
| Parag Parikh Flexi Cap | 1.4% | -0.5% | 15.3% |
Stocks Watchlist | 1W | 1Y | 5Y |
|---|---|---|---|
| Motilal Oswal NASDAQ 100 ETF | -3.2% | 50.8% | NA |
| Nippon India ETF Gold BeES | -6.8% | 49.0% | 28.2% |
| Mirae Asset NYSE FANG+ETF | -5.1% | 33.9% | NA |
| HDFC Bank | 5.8% | -19.4% | 2.5% |
| Nippon India ETF Hang Seng BeES | -3.8% | 13.8% | NA |
US Stocks Watchlist | 1W | 1Y | 5Y |
|---|---|---|---|
| Micron Technology Inc. | 15.5% | 817.5% | 71.2% |
| Taiwan Semiconductor Manufacturing Co. | 7.1% | 132.9% | 31.9% |
| NVIDIA | 2.7% | 46.5% | 62.3% |
| PROSHARES ULTRA SEMICONDUCT | 1.9% | 216.2% | 68.8% |
| Direxion Daily Semiconductor Bull 3X ETF | 0.6% | 987.2% | 49.8% |
Data Source: NSE, BSE & Kuvera.in
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Registration granted by SEBI, membership of IAASB (in case of IAs) and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.
Investment in the securities is subject to market risks. Read all the related documents carefully before investing.
The securities quoted are for illustration only and are not recommendatory.
This market update was initially published by Livemint.
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