Quant Mutual Fund has appointed veteran fund manager Mahendra Jajoo as a whole-time director on its AMC board, effective January 14, 2026. With over 30 years of experience across leading financial institutions, Jajoo previously served as CIO Fixed Income at Mirae Asset, overseeing substantial growth in the fund houses debt AUM.
Rising FII short positions in index futures and a near-record low longshort ratio point to heightened volatility in the January series. However, a sharp build-up in index futures longs hints at possible short covering. Market focus remains on key Nifty levels, PSU banks, metals and select trading ideas.
Six mutual funds added 11 new mid-cap stocks to their portfolios in December, according to Nuvama Institutional Equities. The additions were spread across sectors, with funds selectively increasing exposure through fresh inclusions. The changes reflect evolving portfolio strategies amid market conditions and stock-specific opportunities.
Amid continued market volatility in 2026, HDFC Securities has identified seven technically strong stocks for accumulation across small-, mid- and large-cap segments. Spanning multiple sectors, these picks are based on technical indicators, defined buying ranges, targets and stop-loss levels, offering investors structured ideas for the year ahead.
ETMutualFunds has shortlisted select small-cap funds using metrics such as rolling returns, consistency, downside risk, outperformance and asset size. Over the last three years, these schemes have delivered varied return profiles and quartile rankings. Given their volatility, small-cap funds are best suited for aggressive investors with long-term horizons.
Four new mutual fund schemes are set to open for subscription this week, spanning large-cap, money market, consumption-focused and mid-cap categories. Launched to expand fund house offerings, these NFOs cater to varying risk appetites and investment horizons, giving investors fresh options to align portfolios with their financial goals.
Equity mutual funds delivered strong performance last week, with several schemes generating over 3% returns as sectoral and thematic funds led gains. Despite mixed global and domestic index trends, select international funds emerged as top performers, highlighting investor interest in overseas markets amid broader volatility.
State-run Punjab & Sind Bank on Saturday reported a 19% increase in net profit to 336 crore in the December quarter as bad loans declined. The Delhi-headquartered bank had earned a net profit of 282 crore a year ago.
Digilogic Systems Limited, a city-based automated test equipment systems and application software provider to the defence and aerospace sector, on Saturday announced that its Initial Public Offering (IPO) will open for subscription on January 20.
So far in FY26, 12 penny stocks have delivered sharp gains, with returns ranging from 40% to 589%, including six multibaggers. Selected using strict filters based on market capitalisation, price, and liquidity, the analysis highlights low-priced, actively traded micro-cap stocks that show strong momentum, while underscoring the high risks involved.
