Top news
AMFI has urged the Modi government to announce major tax relief for mutual fund investors in Union Budget 2026, focusing on boosting middle-class savings and long-term investing.
Key proposals include restoring indexation on debt funds, higher LTCG exemptions, separate tax benefits for ELSS, and better tax treatment for equity-linked funds. If accepted, these measures could increase post-tax returns, deepen capital markets, and encourage disciplined long-term retail participation.
The IPO of The Shadowfax Technologies IPO is subscribed 2.86 times on January 22, 2026 while the public issue subscribed 2.43 times in the retail category, 4.00 times in the QIB category, and 0.88 times in the NII category.
Parag Parikh AMC has launched NFO for Parag Parikh Large Cap Growth Direct Plan, whereas Whiteoak Capital has launched NFO for Whiteoak Capital Consumption Opportunities Growth Direct Plan, Samco AMC has launched Samco Mid Cap Growth Direct Plan and Axis AMC has launched Axis BSE India Sector Leaders Index Growth Direct Plan.
Index Returns
| Index | 1W | 1Y | 3Y | P/E | P/B |
|---|---|---|---|---|---|
| NIFTY 50 | -1.0% | -4.1% | 11.6% | 21.8 | 3.4 |
| NIFTY NEXT 50 | -2.0% | -4.5% | 16.5% | 19.2 | 3.5 |
| S&P BSE SENSEX | -0.9% | -4.3% | 8.9% | 22.6 | 4.4 |
| S&P BSE SMALLCAP | -2.2% | -9.1% | 21.8% | 29.8 | 3.4 |
| S&P BSE MIDCAP | -1.6% | -5.8% | 21.7% | 30.7 | 4.8 |
| NASDAQ 100 | 0.3% | 17.6% | 12.7% | 35.0 | 4.7 |
| S&P 500 | -0.4% | 13.4% | 10.4% | 31.2 | 5.6 |
Best Performers
| Mutual Funds | 1W | 1Y | 3Y |
|---|---|---|---|
| Kotak Silver ETF FoF | 10.7% | 208.0% | NA |
| HSBC Brazil | 10.2% | 63.8% | 16.7% |
| SBI Silver ETF FoF | 9.4% | 215.6% | NA |
| Zerodha Silver ETF FoF | 9.1% | NA | NA |
| Union Gold ETF FoF | 9.1% | NA | NA |
| ELSS Tax Saving Funds | 1W | 1Y | 3Y |
|---|---|---|---|
| Parag Parikh ELSS Tax Saver | -2.1% | 4.6% | 16.3% |
| 360 ONE ELSS Tax Saver Nifty 50 | -2.5% | 8.9% | 12.3% |
| Navi ELSS Tax Saver Nifty 50 Index | -2.5% | 9.0% | NA |
| Edelweiss ELSS Tax Saver | -2.6% | 11.7% | 18.4% |
| Navi ELSS Tax Saver | -2.7% | 5.0% | 13.5% |
| Stocks (Market cap < Rs 50k Cr) | 1W | 1Y | 5Y |
|---|---|---|---|
| The Federal Bank | 12.8% | 46.5% | 29.9% |
| Tech Mahindra | 7.1% | 1.0% | 13.7% |
| Hindustan Zinc | 6.8% | 48.9% | 24.3% |
| Oracle Financial Services Software | 5.6% | -17.1% | 21.6% |
| Infosys | 4.4% | -10.0% | 6.6% |
Worst Performers
| Mutual Funds | 1W | 1Y | 3Y |
|---|---|---|---|
| Tata Nifty Realty Index | -11.4% | -9.7% | NA |
| HDFC NIFTY Realty Index | -11.3% | -9.6% | NA |
| Nippon India Nifty Realty Index | -11.3% | -9.7% | NA |
| Quant Commodities | -8.0% | -2.6% | NA |
| Quant PSU | -6.9% | -7.0% | NA |
| Stocks (Market cap > Rs 50k Cr) | 1W | 1Y | 5Y |
|---|---|---|---|
| Adani Green Energy | -17.4% | -25.1% | -3.5% |
| Lodha Developers | -15.0% | -16.4% | NA |
| Eternal | -13.6% | 19.5% | NA |
| Adani Enterprises | -13.4% | -19.1% | 32.6% |
| One97 Communications | -13.3% | 35.4% | NA |
What Investors Bought
| Most Bought MF | 1W | 1Y | 3Y |
|---|---|---|---|
| Parag Parikh Flexi Cap | -0.5% | 8.2% | 21.7% |
| ICICI Prudential Silver ETF FoF | 5.0% | 209.0% | 59.2% |
| UTI Nifty 50 Index | -1.4% | 10.3% | 13.0% |
| SBI Gold | 5.5% | 84.4% | 36.8% |
| Bandhan Small Cap | -3.4% | 3.8% | 30.0% |
What Investors Sold
| Most sold MF | 1W | 1Y | 3Y |
|---|---|---|---|
| Quant Small Cap | -5.6% | -5.5% | 17.3% |
| Quant Multi Cap | -4.6% | -8.1% | 8.3% |
| Quant Mid Cap | -4.5% | -10.5% | 12.7% |
| Motilal Oswal Nifty 200 Momentum 30 I... | -1.1% | 3.3% | 17.3% |
| Quant Flexi Cap | -4.6% | -1.2% | 14.0% |
Most Watchlisted
Mutual Fund Watchlist | 1W | 1Y | 3Y |
|---|---|---|---|
| Motilal Oswal BSE Enhanced Value Index | 2.3% | 24.9% | 31.4% |
| UTI Nifty 500 Value 50 Index | 2.6% | 20.0% | NA |
| Aditya Birla Sun Life PSU Equity | 2.8% | 16.2% | 27.7% |
| ICICI Prudential PSU Equity | 2.6% | 11.2% | 27.8% |
| Motilal Oswal Nifty Next 50 Index | 3.8% | 8.1% | 17.8% |
Stocks Watchlist | 1W | 1Y | 5Y |
|---|---|---|---|
| Hindustan Copper | -4.9% | 121.4% | 56.4% |
| Nippon India ETF Gold BeES | 9.8% | 88.4% | NA |
| Tata Silver ETF | 13.0% | 229.5% | NA |
| Nippon India Silver ETF | 12.7% | 230.4% | NA |
| Tata Gold ETF | 10.0% | 88.4% | NA |
US Stocks Watchlist | 1W | 1Y | 5Y |
|---|---|---|---|
| First Majestic Silver | -3.7% | 138.2% | 12.7% |
| Advanced Micro Devices | 12.0% | 125.8% | 22.8% |
| Rigetti Computing | 8.5 | 88.4 | NA |
| Alphabet | -0.6% | 71.0% | 28.2% |
| NVIDIA | 0.8% | 58.5% | 68.7% |
Data Source: NSE, BSE & Kuvera.in
Strategies for investing in international market.
Watch/hear on YouTube:
Start investing through a platform that brings goal planning and investing to your fingertips. Visit kuvera.in to discover Direct Plans and Fixed Deposits and start investing today.
Disclaimer: Mutual Fund investments are subject to market risks. Read all scheme related documents carefully.
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.
#MutualFundSahiHai, #KuveraSabseSahiHai!