EDELWEISS MF STAKE SALE
Sold your house property or land? These nine sections in Income Tax law can help save capital gains tax
Indians can save capital gains tax on property sales. The Income Tax Act offers nine sections for tax reduction or zero tax. Sections cover residential, industrial, agricultural land sales. Investment in new properties or bonds provides exemptions. Relocation of industrial units to specific zones also offers tax benefits. Investing in eligible startups can reduce tax burden.
She sold her house for Rs 2.7 crore to buy seven new flats and paid no income tax, wins case in ITAT Delhi; Know how
Saroj sold her Punjabi Bagh house for Rs 2.7 crore. She then bought seven apartments in Greater Noida. She reported Rs 5 lakh income in ITR and claimed Rs 2.2 crore LTCG tax exemption. The tax department partially denied the exemption. Then Saroj appealed to ITAT Delhi. ITAT Delhi ruled in her favor.
Vehicle retail sales in August grow 2.84 pc, rise in sales expected in September amid GST cuts: FADA
Vehicle sales saw a slight increase. Federation of Automobile Dealers Association (FADA) shared the data. Passenger vehicle sales were marginally up. Two-wheeler sales also experienced a rise. Tractor sales witnessed maximum growth. Dealers are optimistic about September. They anticipate accelerated growth due to policy changes and festivals. Goods and Services Tax (GST) rate cuts are expected to boost sales.
Ola Electric auditor flags internal controls at subsidiary
Ola Electric Technologies, the operating subsidiary of Ola Electric Mobility, is seen as having the deficiency. The “material weakness” in internal controls was flagged by BSR & Co. LLP, the statutory auditor for both companies, in Ola Electric’s annual report for FY25.
Explained: What is Mutual Fund - Voluntary Retirement Account scheme by AMFI and how is it similar to US 401(k)
India is preparing for a significant increase in its elderly population. Association of Mutual Funds in India (AMFI) introduces Mutual Fund-Voluntary Retirement Account (MF-VRA). This scheme is inspired by the U.S. 401(k) plan. It offers voluntary participation and employer-sponsored options. Mutual funds will manage it with tax incentives and flexibility.
Winners of ETSA 2025; and other top tech and startup stories this week
Welcome to a new edition of ETtech Unwrapped — our weekend newsletter packed with the most important stories from this week. Let’s take a look at the recap.
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High bond yields making borrowing unaffordable amid low interest rates: FM Nirmala Sitharaman
India's Finance Minister Nirmala Sitharaman on Friday said that rising bond yields had made borrowings expensive for the government at a time when interest rates were low.
6 equity mutual funds offer over 30% CAGR on lumpsum investments in 5 years
Six equity mutual funds—five small caps and one mid cap—delivered over 30% CAGR on five-year lumpsum investments, with Quant Small Cap Fund leading at 34.98%. Most other funds posted double-digit returns, highlighting strong long-term growth, while performance varies based on fund type, AMC, and market conditions.
SoftBank pares stake in Ola Electric to 15.7%
Masayoshi Son-led SoftBank Group is the second-largest shareholder in the Bengaluru-based electric scooter maker after founder Bhavish Aggarwal. The price at which the shares were sold was not disclosed.
GST relief, festive season to help corporate earnings recover in Q3, says Edelweiss MF’s Radhika Gupta
Edelweiss MF’s Radhika Gupta says GST reform and the upcoming festive season will support domestic demand, ease inflation, and aid corporate earnings recovery in Q3. Investors should focus on India-focused sectors like FMCG, consumer durables, autos, and healthcare for potential growth opportunities.
Ola Electric shares plunge 8% as Govt slashes GST on two-wheelers with up to 350 cc capacity
Ola Electric shares slumped nearly 8% to Rs 63.71 after the government slashed GST on two-wheelers up to 350cc to 18% from 28%. The move, aimed at boosting ICE vehicle sales, raised concerns over electric two-wheeler demand, sparking heavy trading volumes.
Why are mid- and small-cap stocks underperforming despite heavy mutual fund inflows?
Despite substantial inflows into mid- and small-cap funds this year, these segments are underperforming compared to the Nifty 50. Significant share sales by promoters, private equity investors, and increased IPO activity are absorbing much of the investment. This supply, coupled with cautious institutional allocation, is pressuring mid- and small-cap stock performance.
AMFI proposes Mutual Fund-Voluntary Retirement Account scheme, similar to US 401(k) plan
The Association of Mutual Funds in India (AMFI) has proposed the Mutual Fund- Voluntary Retirement Account (MF-VRA) scheme, which aims to provide a voluntary, employer-linked retirement product managed by mutual funds, similar to the US 401(k) plan.
Radhika Gupta warns against impersonators promising stock, crypto tips
Radhika Gupta, CEO of Edelweiss Mutual Fund, has cautioned investors about fake profiles impersonating her on social media and claiming to offer stock or crypto tips. Gupta clarified that she never provides such advice and urged users to rely only on her verified accounts.
Best large cap mutual funds to invest in September 2025
According to the Sebi mandate, the large cap mutual funds are mandated to invest in top 100 companies by market capitalisation. Large companies fare better in a volatile market as these companies may be market leaders and resilient to downturns. That is why if you are looking for a relatively safer mutual fund category, you should consider investing in large cap funds.
Warburg eyes 10% stake in Kalyan Jewellers’ Candere brand for Rs 850 crore
The New York-based private equity firm is in talks to buy 10% in Kalyan's lifestyle brand for Rs 850 crore. It will buy part of the stake from Kalyan Jewellers, while the rest will be newly issued shares in Candere.
Activist investor takes a $4 billion stake in PepsiCo, seeing a path to revive sales
Activist investor Elliott Investment Management is taking a $4 billion stake in PepsiCo, saying there's an opportunity to revive the snack and drinks company.
Quant Mutual Fund appoints Ex-SBI chairman Rajnish Kumar to lead board
Quant Mutual Fund appointed Rajnish Kumar, former SBI Chairman, and Nishith Mehta as leaders of its AMC Board, strengthening governance and strategic oversight. The fund house plans to launch India’s first Specialized Investment Fund (SIF), starting with the QSIF Equity Long-Short Fund in September, offering alternate long-short investment strategies and risk mitigation.
One MobiKwik Systems shares surge 12% following ADIA stake sale
One MobiKwik Systems shares: MobiKwik shares jumped on Tuesday after Abu Dhabi Investment Authority exited its 2.1% stake worth ₹39.2 crore. The stock later pared gains to trade 8.5% higher, as BofA Securities Europe and SI Investments bought a combined 1.15% stake for ₹22.1 crore.
NFO Alert: Baroda BNP Paribas Mutual Fund launches Baroda BNP Paribas Business Conglomerates Fund
Baroda BNP Paribas MF has launched the Business Conglomerates Fund, an open-ended thematic equity scheme investing in India’s top conglomerates. The NFO runs from September 2–15, with SIPs starting at Rs 500. The fund aims for long-term wealth creation through diversified investments across listed conglomerates, benchmarking against BSE Select Business Groups Index.
13 smallcap mutual funds never posted negative returns in last 5 calendar years
A study reveals that 13 small cap mutual funds consistently delivered positive returns between 2020 and 2024. However, in 2025, most of these funds experienced negative returns. Axis Small Cap Fund and Canara Robeco Small Cap Fund saw declines. Nippon India Small Cap Fund also faced losses.
Portfolio Check: Equity mutual funds shed up to 4% in August. Are any of these part of your portfolio?
Equity mutual funds faced a challenging August, with 229 out of 293 funds posting negative returns, led by Samco Flexi Cap Fund (-3.8%) and Motilal Oswal ELSS Tax Saver Fund (-3.47%). Small-cap and mid-cap funds bore the brunt, while select flexi-cap and ELSS funds delivered modest gains.
Explained: What is investment style box in mutual funds and what it means for investors
The investment style box is a 3x3 grid developed by Morningstar that classifies mutual funds by market capitalisation and investment style. It helps investors assess strategy, diversification, and risk by showing whether a fund leans towards value, blend, or growth across large, mid, and small caps.
From Aam to Crorepati: Radhika Gupta of Edelweiss Mutual Fund tells how time turns SIPs into wealth
Radhika Gupta, CEO of Edelweiss Mutual Fund, emphasized that SIPs can create long-term wealth if given time, calling it the “aam crorepati ki kahaani.” Highlighting consistency, she explained SIPs as a meal plan analogy, urging investors to stay patient, disciplined, and understand mutual funds beyond equities.
NFO Alert: Edelweiss Mutual Fund launches Nifty LargeMidcap 250 ETF
Edelweiss Mutual Fund launched the Edelweiss Nifty LargeMidcap 250 ETF, aiming to passively track the Nifty LargeMidcap 250 Index. Open for subscription until September 2, it carries very high risk with minimum investment of Rs 5,000.
Rakesh Gangwal raises $501 million in downsized IndiGo sale
Rakesh Gangwal's attempt to reduce his stake in IndiGo faced a setback as the share sale size was reduced to 7.56 million shares, raising about $501 million, less than the initially planned $800 million. Concerns about potential US tariffs impacting economic growth arose. IndiGo shares experienced a 5.3% drop following the deal.
Rakesh Gangwal Family to sell 3.1% stake in IndiGo via block deal: Report
Rakesh Gangwal Family is poised to sell up to 3.1% stake in IndiGo, continuing their phased exit since 2022. The floor price is set at Rs 5,808 per share. They've already divested over 9% this year, raising over Rs 12,900 crore. IndiGo's Q1 net profit fell 20% to Rs 2,176 crore due to higher fuel costs, despite revenue growth.
International mutual funds offer 20% average return in 1 year amid RBI restrictions. Should one diversify abroad or stay domestic?
International mutual funds have delivered impressive returns, averaging 20% in the past year, driven by U.S. tech stocks and global market recovery. However, regulatory limits are emerging, with Edelweiss Mutual Fund restricting subscriptions due to nearing overseas investment thresholds.
Edelweiss Mutual Fund ropes in WestBridge with Rs 450 crore deal for 15% stake
WestBridge Capital will invest ₹450 crore for a 15% stake in Edelweiss Mutual Fund, valuing it at about ₹3,000 crore. The deal, subject to regulatory approvals, aims to fuel growth as Edelweiss MF’s AUM hit ₹1.52 lakh crore with strong profit momentum.
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