The scheme, managed by Gautam Bhupal, will track the BSE Financial Services Index TRI, aiming to generate long-term capital appreciation. It will primarily invest in equity and equity-related securities of companies in the financial services sector, covering both traditional lending and non-lending segments. Designed for long-term wealth creation, the scheme offers investors exposure to a diversified financial portfolio.

NFO Alert: HSBC Mutual Fund launches financial services fund

The Reserve Bank of India (RBI) has approved Tata Communications’ plan to sell Tata Communications Payment Solutions (TCPSL) to Transaction Solutions International (TSI), for Rs 330 crore. Findi aims to expand the financial services sector, particularly in underbanked areas, through this acquisition.

RBI clears sale of Tata Communications’ payment arm to Australian fintech Findi

TVS Holdings acquires 80.74% stake in Home Credit India for ₹554 crore, strengthening its financial services sector presence.

TVS Holdings completes acquisition of Home Credit India for ₹554 crore

TVS Holdings acquires 80.74% stake in Home Credit India for ₹554 crore, aiming to strengthen financial services sector.

TVS Holdings completes 80.74% stake acquisition of Home Credit for ₹554 crore

Like in many other countries, Indias Financial Services Sector is crucial to the overall economy. Although it has been less affected than its global counterparts, it is still important that the upcoming budget sends positive signals.

Taxability of carried interest for AIFs – Will it propel sponsors across the finish line?

ICICI Prudential Mutual Fund has launched the ICICI Pru CRISIL-IBX AAA Bond Financial Services Index - Dec 2026 Fund, an open-ended target maturity index fund. The scheme, investing in AAA-rated financial services sector bonds, has moderate interest rate risk and low credit risk. The NFO is open until January 24, with a minimum application amount of Rs 1,000.

NFO Update: ICICI Prudential Mutual Fund launches target maturity fund

The survey was conducted in December 2024 and drew responses from leading economists representing industry, banking and financial services sector.

FICCI Lowers India’s Growth Projection To 6.4% For Current Financial Year

Equity markets rise with insurance and financial stocks leading gains, Nifty Bank and Nifty Financial Services indices show growth.

Markets hold gains led by insurance stocks; Hindenburg disbanding in focus

Sunil Subramaniam believes the upcoming Budget will boost consumption and is optimistic about the savings and investment segment rallying within the banking and financial services industry. The RBI policy on February 6 will also be significant in shaping investment decisions. Post-Budget, financial services and capital market infrastructure are expected to lead the market rally.

Market will rally a week after Budget & BFSI will lead it: Sunil Subramaniam

Similarly, Nuvama has given a “Buy” rating to BSE Ltd, highlighting its strong revenue and profit growth, significant market expansion opportunities, and operational efficiencies, which make it a robust player in the financial services sector.

Stocks to buy today: Brokerages see over 20% upside in Devyani International, BSE & Dixon Technologies

India’s benchmark indices ended lower on Thursday, weighed down by financial and IT stocks amid foreign fund outflows. Investor caution ahead of December quarter earnings and concerns over limited US rate cuts fueled bearish sentiment. Nifty Financial Services fell 0.8%, Nifty Bank 0.6%, and Nifty PSU 1.2%. IT stocks dropped 1.2%, with Coforge and Wipro sliding 2.8% and 1.7%, respectively.

Market Wrap: Banks, IT stocks weigh on D-Street; Sensex skids 528 points, Nifty below 23,600

Nifty Financial Services Index is designed to reflect the behaviour and performance of the Indian financial market which includes banks, financial institutions, housing finance, insurance companies and other financial services companies.

Nifty Financial Services Index

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