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Top 10 Fund Managers in India 2025

As important as it is to choose the right mutual fund in the market, it is equally important to know who is managing that fund. In 2025, there are many fund managers whose wisdom and experience have consistently brought good profits to investors.

In this blog, we will know about those top fund managers of India, due to whom the trust of many investors remains intact.

Who is a Fund Manager?

A fund manager is a professional who manages the investments of a mutual fund. That is, he decides how to invest your money. His aim is to get you better returns and manage the risk simultaneously. A fund manager does many important tasks, as listed below:

Portfolio management: Decides in which companies to invest and how much money to invest in which sector.
Market analysis: Analyzes the trends of the stock market, economic data and the performance of the company.
Risk control: Keeps the direction of investment such that the chances of loss in the long term are less.

A good fund manager can move your capital in the right direction. His strategy, research and experience can improve your returns manifold. On the other hand, if the decision is wrong, then even a good fund can perform poorly.

Before investing in a mutual fund, don’t just look at the return graph, but also know who is managing that fund. Understanding the fund manager’s past performance and investment philosophy is the mark of a smart investor.

Top 10 Fund Managers in India 2025

Fund Manager	AMC	AUM (in ₹ crores)	Schemes Managed	Experience
Sankaran Naren	ICICI Prudential Mutual Fund	6,74,085	23	26 years
R. Srinivasan	SBI Mutual Fund	1,14,343	14	30 years
Shreyash Devalkar	Axis Mutual Fund	1,16,687	6	14 years
Jinesh Gopani	Taksh Asset Management	Undisclosed	Undisclosed	20 years
Harsha Upadhyaya	Kotak Mahindra Mutual Fund	2,01,344	14	20 years
Sohini Andani	Ex-SBI Mutual fund	74,657	2	23 years
Manish Gunwani	Bandhan MF	35,683	7	25 years
Aniruddha Naha	PGIM AMC	19,777	4	22 years
Chandraprakash Padiyar	Tata Mutual Fund	23,149	3	25 years
Ankit Agarwal	UTI Mutual Fund	17,903	3	17 years

AUM = Assets Under Management, which shows the total investment of their funds.
Schemes Managed includes information on how many schemes they are managing.

Overview of the Top 1o Fund Managers in India

An overview of the top 10 fund managers in India is given below:

1. Sankaran Naren

Serving as CIO at ICICI Prudential since February 2011, Naren joined the AMC in October 2004 and has been active in the financial sector for nearly 26 years so far.

AUM and Schemes : Naren is currently managing 23 mutual funds with a total AUM of around ₹6.74 lakh crore This figure puts ICICI Prudential AMC among the top AMCs in the country.

Key schemes : He manages several leading equity and hybrid funds – such as Multi‑Asset Fund, Value Discovery Fund and Equity & Debt Fund .

Understanding risk-management : Naren also explains that with a large AUM, even a small mistake can lead to huge losses.

Why are they the best?

Reason	Description
Experienced and Strategic	26+ years of experience, Educated from IIT Chennai and IIM Kolkata
Experience of managing a Large AUM	Efficiently managing an AUM of over ₹6.7 lakh crore
Balanced Approach	Pays attention to risk and valuation along with returns

2. R. Srinivasan

R.Srinivasan joined SBI Mutual Fund in May 2009, and has been serving as CIO Equity for a long time now. He has over 30 years of experience in finance and equity investments.

AUM and Schemes : They manage SBI’s flagship equity and hybrid schemes such as SBI Small Cap Fund, Focused Equity Fund, and Equity Hybrid Fund. The total AUM of these funds was around ₹1,14,343 crore as of July 2025.

Performance of key schemes : SBI Small Cap Fund has delivered returns of around 19–21% CAGR over the last 10 years, and has topped the list with around 21.9% CAGR over the last seven years, reflecting its robust strategy.

Investment Strategy and Approach : Srinivasan believes in bottom-up stock selection emphasizing on the quality and valuation of individual companies. He adopts an investment approach based on a quantitative model, forensic accounting, etc. which keeps his portfolio balanced and diversified.

Why are they the best?

Reason	Description
Fund Outperformance	SBI Small Cap Fund has consistently given 19-21% CAGR and 7 year performance of above 21.9%
Decisions based on in-depth research	Stocks are selected using data and model based analysis
Core‑Satellite Approach	Allocates a significant portion of portfolio to stable, long-term investments and smaller portion to high-growth investments, effectively balancing risk and returns.

3. Shreyash Devalkar

Shreyash Devalkar is the head of equities at Axis Mutual Fund since August 2023 and has been associated with the company as a senior fund manager since November 2016. He started at JP Morgan as a credit analyst in 2004 and then worked for IDFC securities and BNP paribas, now with 16+ years of investment experience.

AUM and Schemes : Devalkar manages a total of 6 schemes with a total AUM of around ₹1.16 lakh crore as of July 2025

Performance of key schemes : Axis Growth Opportunities Fund has given around 20.35% CAGR in the last 3 years, while Mid Cap Fund has a 3-year AUM of ₹26,079 crore; both have ranked better than category average.

Investment strategy and approach : Devalkar relies on thematic- and bottom-up stock selection. He has identified 10 key themes such as auto, pharma, renewables in H1–2025 and focuses on finding value in industrial manufacturing

Why are they the best?

Reason	Description
Theme-Driven Strategies	Actively investing in upcoming sector themes (manufacturing, pharma, IT)
Fund performance	Funds like Axis Growth Opportunities give 20%+ CAGR
Experience	Consistent track record from BNP Paribas to Axis over 15+ years

4. Jinesh Gopani

Jinesh Gopani started Taksh Asset Management Private Limited in Jan 2024 and was previously employed at Axis Mutual Fund since 2009 as a senior fund manager and later on as Head of Equities. Prior to this, he also worked with Birla Sun Life AMC and Voyager India Capital, which gave him a deep understanding of the equity market.

AUM and Schemes : AUM of his company is not publicly disclosed as it is a private company. At Axis, he managed an AUM of $14 billion and his investments returned 35% CAGR in the last three years and 42% CAGR since its inception in 2009.

Key Schemes Managed at Axis: At Axis, he managed Axis Growth Opportunities Fund, Axis Focus 25 Fund, Axis ESG Fund, etc.

Investment Philosophy and Strategy : Gopani follows a ‘quality at reasonable price’ approach, where both quantitative analysis and qualitative team insights are valued. He has adopted a diversified approach, giving importance to thematic stock selection and global allocation.

Why are they the best?

Reason	Description
Impressive Returns	42% CAGR since inception at Axis.
Quality-based selection	Focus on ROE/ROCE, cash flow and management pedigree
Theme + Global Approach	International diversification with thematic picks

5. Harsha Upadhyaya

Harsha Upadhyaya serves as Chief Investment Officer – Equity at Kotak Mahindra AMC. He has held research and management roles at UTI, DSP BlackRock and Reliance and now has nearly 20+ years of investment experience.

AUM and Schemes : Harsha currently manages around 14 major equity/hybrid schemes including Kotak Flexi Cap Fund , Multicap Fund , ELSS Tax Saver, etc.

Performance of key schemes : Kotak Flexi Cap Fund was ranked third in the flexi‑cap category with ₹17,943 crore AUM at the start of 2025 and has delivered a CAGR of 27.5% over the last three years.

Investment Strategy and Approach : Harsha uses bottom‑up research and quantitative modelling. He adopts a highly diversified approach along with thematic investing (Manufacture in India), maintaining a balance of growth‑oriented and value‑based schemes in his portfolio

Why are they the best?

Reason	Description
Strong AUM	He manages 14 mutual fund schemes and has a total AUM of ₹2,01,344 crores
Outstanding performance	Consistent outperformance in Flexicap and Multicap categories
Data‑Based Decisions	Balanced portfolio using quant models and thematic investing

6. Sohini Andani

Sohini Andani joined SBI Mutual Fund as Head of Research in October 2007, and has been working as Portfolio Manager since May 2010. Her total investment experience spans around 23 years. She recently stepped down from the role in April 2024.

AUM and Schemes : She managed SBI Bluechip Fund and SBI Magnum Midcap Fund, with an AUM of ₹43,355 crores and ₹16,459 crores respectively.

Performance of Key Schemes : SBI Bluechip Fund has delivered around 15.4–15.5% annualised return over the last 10 years. SBI Magnum Midcap Fund has delivered 22.2% CAGR over the last 3 years, which is better than the category average.

Investment approach and strategy : Her focus was on companies with a long-term growth potential, strong management, and good promoter holding . She picks stocks that are not capital-intensive and show systematic growth over time.

Why are they the best?

Reason	Description
Strong AUM	₹43k Cr+ in Bluechip, ₹16k Cr+ AUM managed in Midcap
Performance	Two great funds with 15%+ and 22%+ CAGR
Smart Selection	Balance between growth and value, focus on promoter holding and capital intensity

7. Manish Gunwani

He is currently employed in Bandhan mutual fund as Head of Equities and has previously worked as CIO (Equities) at Nippon India Mutual Fund since September 2017, but resigned from the position in January 2023. His total experience in the equity sector spans nearly 25 years, including the role of senior fund manager at ICICI Prudential AMC .

AUM and Schemes : Gunwani handles around 4 mutual fund schemes namely Bandhan Focused Equity Fund, Bandhan Flexi Cap, Bandhan Innovation Fund, etc. Their collective AUM was around ₹35,000 crore as of July 2025.

Performance of key schemes : Bandhan Emerging Businesses Fund Direct Growth and Bandhan Core Equity Fund Direct Growth gave a CAGR of 35.8% and 29% in the last three years respectively.

Investment strategy and approach : Gunwani believes in ‘growth at a reasonable price’ style. He keeps the portfolio risk balanced through bottom-up stock picking and flexible asset allocation.

Why are they the best?

Reason	Description
Emphasis on quality	Growth at reasonable price to balance returns and risk
Large AUM and diversified schemes	₹35k Cr+ AUM across 7 schemes
Strong track record	CAGR of 14.3% in Growth Fund vs 12.7% of category

8. Aniruddha Naha

Aniruddha Naha serves as a CIO of Alternatives at PGIM India and joined the company as a Senior Fund Manager in 2018. He has nearly 22 years of experience in both equity and debt markets.

AUM and Schemes : As a Senior Fund manager and head of equities, Naha oversaw 4 flagship mutual fund schemes with a combined AUM of around ₹20,000 crores.

Performance of key schemes : Midcap Opportunities Fund has shown 19% (3Y) and 15.6% (5Y) CAGR under his leadership, while its benchmark was around 13% Balanced Advantage Fund has given around 8% CAGR returns, and aims to provide equity-like returns with low volatility .

Investment Strategy and Approach : Naha is a proponent of the GARP (Growth at Reasonable Price) approach as he picks businesses that have strong cash flows, healthy balance sheets, and modest valuations. He does bottom-up stock selection and controls downside risk with a core-satellite allocation.

Why are they the best?

Reason	Description
Strong Midcap Performance	Better returns than benchmark with 15–19% CAGR over 3–5 years
Process-driven selection	GARP + Cash-flow oriented Systematic Research
Downside Protection	Controlling volatility through diversification

9. Chandraprakash Padiyar

Chandraprakash Padiyar joined Tata Asset Management in September 2018 as a Senior Fund Manager. Prior to this, he has worked with UTI Mutual Fund and Alchemy Capital his total experience is around 25 years, which includes in-depth research and portfolio management.

AUM and Schemes : He handles flagship schemes like Tata Small Cap Fund, Tata Large & Mid Cap Fund, and Tata Aggressive Hybrid Equity Fund.

Performance of key schemes : Tata Small Cap Fund has consistently delivered high growth since September 2018, weathering market fluctuations.

Investment philosophy and strategy : Padiyar emphasises on ‘growth with free cash flow’ ; his focus is on companies that have strong balance sheets and are relatively undervalued. He maintains a narrow focus and pays equal attention to liquidity management.

Why are they the best?

Reason	Description
Small‑Cap Specialization	Maintained small-cap exposure with liquidity control for a small cap mutual fund scheme with an AUM of ₹10,000+ crore AUM
Long term consistency	Balance between growth and stability even across market cycles
Selection based on strong fundamentals	Priority given to businesses with free cash flow and low valuation

10. Ankit Agarwal

Ankit Agarwal is the Fund Manager for Equity Funds at UTI Mutual Fund since August 2019. He holds a PGDM from IIM Bangalore, and has worked with prestigious organizations like Lehman Brothers, Barclays Wealth, BNP Paribas, and Centrum Capital his total experience is about 17 years.

AUM and Schemes : Agarwal manages UTI Mid Cap Fund and UTI Small Cap Fund and UTI Innovation Fund. The combined AUM of his schemes is over ₹15,500 crore with the Mid Cap Fund alone reaching ₹10,900 crore .

Performance of key schemes : UTI Mid Cap Fund has generated around 24.37% (3Y) returns under his leadership and UTI Small Cap Fund has generated around 26.32% (3Y) returns.

Investment approach and strategy : Agarwal believes in bottom-up stock selection and prioritises aspects such as innovation and scalability. His Innovation Fund focuses on backing disruptive businesses, while Small/Mid Cap focuses on turnaround investment opportunities.

Why are they the best?

Reason	Description
Effective approach	Achieving returns with a focus on companies experiencing a turnaround and focussing on innovation
Strong AUM	Leading schemes with AUM above ₹17,000 crores

How to Choose the Right Fund Manager as an Investor?

You can choose the right fund manager for yourself based on the points mentioned below:

Check the track record of the fund manager : The past performance of any fund manager gives a glimpse of his/her strategy and investment style. See what kind of returns he/she has given in the last 5–10 years—not just in good times, but also how he handled the portfolio during economic downturns. Consistent performance is a characteristic of a reliable fund manager.
Fund managers’ investment strategy matches your Financial goals: Every fund manager has a specific investment philosophy—like value investing, growth, thematic or multi-cap approach. You should choose the manager whose strategy matches your financial goals and risk profile.
AMC and research support : A good fund manager can be successful only if he gets the support of a strong AMC and research team. Big AMCs like HDFC, SBI, Kotak, Axis and UTI also have strong research infrastructure and risk management teams.
Open and transparent communication style : Does the fund manager provide regular updates to investors on his strategy and market positioning? This is a sign of transparency and accountability.

Conclusion

The foundation of a successful investment is not just selecting the right fund, but also the right fund manager. His experience, way of thinking and ability to understand the market can directly affect your returns. Therefore, before investing in any scheme, it is good to assess the rating of the mutual fund scheme and the past performance and investment approach of that fund manager. Remember, a good fund manager can turn your financial goals into reality in the long run. It is advised to consult a financial advisor before investing in any mutual funds.

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5	Bandhan Long Duration Fund NFO: Objective, Benefits, Risks, and Suitability Explained

Frequently Asked Questions (FAQs)

Who is the best mutual fund manager in India right now?
Sankaran Naren, R. Srinivasan and Shreyash Devalkar are counted among the top fund managers in 2025.
How to evaluate a fund manager’s performance?
Assess the funds based on their long-term returns, consistency, and performance in market downturns.
Does a fund manager really impact mutual fund returns?
Yes, the investment strategy and experience of the fund manager directly impacts the fund’s returns.
Should beginners consider fund managers while investing?
Of course, choosing the right fund manager before investing can lead to better and stable returns.
Can the same fund perform differently under a new manager?
Yes, the new manager’s investment philosophy and style can change the fund’s performance.

July 9, 2025

10 Best Fintech Stocks in India 2025

Let’s be honest, managing finances has never been simpler than it is right now. Fintech companies have transformed everything, from online loan applications to tapping to pay bills, all in a matter of seconds. As India’s financial landscape becomes increasingly digital, investors are trying to grab the investment opportunities offered by these companies.

These are businesses that help millions of people in borrowing, investing, insuring, and carrying out digital transactions. In this blog, we will discuss the 10 best fintech stocks in India.

What are Fintech Stocks?

Financial technology, or simply fintech, companies are businesses that are using technology to simplify banking, lending, insurance, and investing for all.

These might be:

Apps that enable investing
Payment systems such as wallets or UPI
Marketplaces for buying insurance online
Businesses that provide small business loans without requiring a lot of paperwork

To put it briefly, they are simplifying financial matters significantly.

List of 10 Best Fintech Stocks

Company	Current Market Price (In ₹)	Market Capitalization (In ₹ Crores)	52-Week High (In ₹)	52-Week Low (In ₹)
Bajaj Finance	925	5,74,635	979	642
HDFC AMC	4,999	1,06,933	5,279	3,525
PB Fintech	1,822	83,677	2,255	1,311
One97 Communications	919	58,619	1,063	426
Central Depository Services (India) Ltd.	1,778	37,171	1,990	1,047
Computer Age Management Services	4,142	20,478	5,368	3,030
KFin Technologies	1,263	21,740	1,641	699
Infibeam Avenues	15.4	5,356	28.9	12.6
Dhani Services	65.9	3,971	110	47
One MobiKwik Systems	242	1,895	698	227

(Data as of 8 July 2025)

Overview of the 10 Best Fintech Stocks in India

An overview of the 10 best fintech stocks in India is given below:

1. Bajaj Finance

Initially founded in 1987, Bajaj Finance primarily offered loans for appliances such as televisions and refrigerators. It is currently one of the most recognised brands in Indian consumer finance. Applying for any type of loan, including personal loans, EMI cards, gold loans, and basic fixed deposits, has never been easier because of Bajaj Finance’s digital resources. With millions of customers all over the country, they have built a strong reputation for being reliable, fast, and tech-savvy. Their mobile-first approach, smart data usage, and wide reach have made them a strong leader in India’s modern fintech landscape.

Know the Returns:

1Y Return (%)	3Y Return (%)	5Y Return (%)
29.36%	55.50%	175.74%

(Data as of 8 July 2025)

Read Also: Bajaj Finance Case Study

2. HDFC Asset Management Company

One of the most well-known mutual fund companies in India is HDFC AMC, which was founded in 1999. Supported by HDFC and Standard Life, the company makes investments in debt, equity, and hybrid funds to help millions of Indians become wealthier. They have built a dedicated base of investors and retained an excellent record over the years. Regardless of where you are in your investing journey, HDFC AMC offers easy, trustworthy, and innovative investment choices today.

Know the Returns:

1Y Return (%)	3Y Return (%)	5Y Return (%)
20.31%	165.82%	93.83%

(Data as of 8 July 2025)

Read Also: HDFC Bank Case Study

3. PB Fintech

PolicyBazaar was founded in 2008 with the goal of organising the insurance industry. It provided consumers with an easy online platform to compare and purchase insurance, rather than relying on agents and complicated paperwork. The parent company, PB Fintech, then introduced PaisaBazaar to help people with credit cards and loans. Millions of people have learnt to depend on them over the years. Since going public in 2021, they have been exploring new ventures, such as lending and investments. Their goal is to make financial decisions simpler and more intelligent, something you might have experienced if you’ve ever used their website.

Know the Returns:

1Y Return (%)	3Y Return (%)	5Y Return (%)
31.88%	216.64%	58.35%

(Data as of 8 July 2025)

4. One97 Communications

In 2009, Paytm began with offering basic mobile recharges. However, after demonetisation in 2016, everything took off, and everyone was using Paytm to pay for tea, groceries, and even taxis. Paytm has developed into a one-stop fintech app for everything from UPI and wallets to investing and insurance. One97 Communications (Paytm’s parent company) went public in 2021. Despite its ups and downs, Paytm continues to be a major player, helping millions of people every day with their digital transactions.

Know the Returns:

1Y Return (%)	3Y Return (%)	5Y Return (%)
106.09%	30.53%	-53.48%

(Data as of 8 July 2025)

5. Central Depository Services (India)

When investing online, have you ever wondered how your shares are kept safe? This is where CDSL comes into the picture. CDSL is one of the two authorised depositories in India, having been established in 1999. All securities are maintained electronically, eliminating paperwork and simplifying transactions. It facilitates the safe opening of demat accounts, trade settlement, and securities management. It contributes to India’s thriving stock market in an important way, with over 9 crore investor accounts. Since going public in 2017, CDSL has slowly grown to be a vital part of any investor’s journey.

Know the Returns:

1Y Return (%)	3Y Return (%)	5Y Return (%)
48.77%	207.56%	1,051.74%

(Data as of 8 July 2025)

6. Computer Age Management Services

CAMS has been in business since 1988, managing the back end of India’s mutual fund industry. They are like the engine that keeps most of India’s top mutual funds running by handling investor transactions, paperwork, and records. CAMS went public on the stock market in 2020. If you’ve ever put money into a mutual fund, it’s likely that CAMS had something to do with it.

Know the Returns:

1Y Return (%)	3Y Return (%)	5Y Return (%)
9.24%	80.05%	188.52%

(Data as of 8 July 2025)

7. KFin Technologies, Ltd.

Despite being a more recent name, KFin Tech has had a significant influence. After splitting from Karvy in 2017, it now serves mutual funds, insurance companies, pension funds, and more. They ensure that everything goes without a hitch by managing everything from compliance to new customer signups. KFin has a presence in Southeast Asia and operates globally as well. They are currently one of the most popular tech platforms used behind the scenes in India’s expanding financial sector.

Know the Returns:

1Y Return (%)	3Y Return (%)	5Y Return (%)
66.22%	241.93%	241.93%

(Data as of 8 July 2025)

8. Infibeam Avenues Ltd.

In 2007, Infibeam Avenues began as an e-commerce business before properly switching to fintech. They currently operate one of the largest online payment gateways in India, CCAvenue. It’s used whether you’re shopping online or using your card in a physical store. Additionally, they offer commercial software, lending platforms, and point-of-sale devices. Since going public in 2016, they have concentrated on guiding companies in growing and transforming, not only in India but also in markets like Saudi Arabia and the United Arab Emirates.

Know the Returns:

1Y Return (%)	3Y Return (%)	5Y Return (%)
-41.52%	30.62%	8.48%

(Data as of 8 July 2025)

9. Dhani Services Ltd.

In 2020, Dhani Services, formerly known as Indiabulls Securities, changed its name to emphasise digital finance and even healthcare. You can trade stocks, schedule telehealth consultations, and obtain quick personal loans all through its app. It’s an intriguing combination of health technology and fintech. Dhani is still working to create an outstanding mobile app that satisfies your lifestyle and financial needs in one location, despite past regulatory and profitability challenges.

Know the Returns:

1Y Return (%)	3Y Return (%)	5Y Return (%)
14.59%	83.27%	-47.35%

(Data as of 8 July 2025)

10. One MobiKwik Systems

In 2009, MobiKwik was first introduced as a simple digital wallet that let users recharge their phones and pay their bills. With credit, BNPL (buy now, pay later), investment products, and more, it evolved into a complete fintech platform. It is backed by smaller retailers and customers looking for simple, quick payments. More than 120 million people rely on MobiKwik for their daily financial needs, making it a significant player in the market for digital payments.

Know the Returns:

1Y Return (%)	3Y Return (%)	5Y Return (%)
-45.64	-45.64	-45.64

(Data as of 8 July 2025)

Read Also: One MobiKwik Systems Case Study

Key Performance Indicators

Company	Operating Profit Margin (in %)	Net Profit Margin (in %)	ROE (in %)	ROCE (in %)	Debt-to-Equity
Bajaj Finance	67.2	24.05	17.2	46.79	3.74
HDFC AMC	94.18	70.32	30.26	38.92	0
PB Fintech	7.63	7.09	5.48	5.6	0
One97 Communications	-21.07	-9.64	-4.38	-9.53	0
Central Depository Services (India) Ltd.	63.97	48.39	29.91	37.51	0
Computer Age Management Services	44.08	32.66	42.03	49.51	0
KFin Technologies	41.46	30.49	23.62	28.62	0
Infibeam Avenues	7.66	5.75	6.03	7.3	0.04
Dhani Services	12.71	-17.13	-1.93	1.7	0.16
One MobiKwik Systems	-7.88	-10.38	-20.64	-15.2	0.46

(Data as of March 2025)

Advantages of Investing in Fintech Stocks

The advantages of investing in fintech stocks are:

High growth potential — Fintech companies are riding the wave of rapid digital adoption, offering significant long-term growth opportunities.
Innovation-driven — Constant technological advancements allow these companies to introduce new products and services, keeping them ahead of traditional players.
Wide market reach — Many fintech firms serve large, diverse customer bases across urban and rural India, driving strong user growth.
Government support — Initiatives like UPI, Jan Dhan, and Digital India encourage fintech adoption, strengthening the industry’s future prospects.
Diverse revenue streams — Fintech businesses often generate income from multiple sources like lending, payments, insurance, and investments, which can help reduce dependence on one segment.

Read Also: Top 10 Best Summer Stocks in India

Risks of Investing in Fintech Stocks

The risks of investing in fintech stocks are:

Regulatory uncertainties — The sector is highly sensitive to changing government regulations, which can impact operations and profitability.
High competition — The fintech space is crowded with new entrants and big tech players, which can affect market share and margins.
Profitability challenges — Many fintech companies are still in the growth stage and may take years to become consistently profitable.
Technology and security risks — Heavy reliance on digital platforms makes them vulnerable to cyberattacks, technical failures, and data breaches.
Market volatility — Valuations of fintech stocks can be highly volatile, influenced by investor sentiment and global tech trends.

Fintech Industry: The Reasons It’s So Popular Now

Fintech has been growing in India for a few reasons:

People are going digital: Everyone is using fintech tools, from college students to grandparents, as UPI and mobile banking become more widely used.

The government supports it: Services of Fintech companies are now more widely available because of programs like Jan Dhan, UPI, and Digital India.

Growing income and a younger population signify that more people are looking for convenient app-based financial solutions.

Conclusion

India’s fintech industry is booming as these businesses are transforming how we handle our finances, from loans and investments to insurance and payments. The ten stocks listed here are a good mix of well-known companies and new fintech players.

Fintech is a field worth reviewing, regardless of your level of experience as an investor. Just keep in mind: Don’t rely solely on hype and examine the company’s fundamentals and market presence. It is advised to consult a financial advisor before investing.

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Frequently Asked Questions (FAQs)

Is it risky to invest in fintech stocks?
Like any other sector, yes, fintech sector stocks do have some risks. However, diversification, making well-informed decisions, and monitoring financial performance can help in risk management.
Before investing in fintech stocks, what should I do?
Examine the competition, revenue, profitability, and user growth. Additionally, keep up with any significant partnerships.
Can I use a small amount to invest in fintech stocks?
Yes! There are many fintech stocks available at relatively low prices.
Which companies are categorized as fintech companies?
Companies that rely extensively on technology to provide financial services are referred to as fintech.
How can I monitor the price performance of fintech stocks?
To view real-time data and charts, you can use apps like Pocketful.

July 9, 2025

Top 10 Beverage Stocks In India

Consider this: we often begin every morning with a steaming cup of tea or coffee and wrap up with a chilled beer or soft drink. Yet, we rarely give much thought to the successful companies that manufacture these beverages, even though their products are such an integral part of our daily lives. The fact is that the beverage industry does more than just satisfy thirst, as it also offers good investment opportunities as well.

This blog explores the top 10 beverage stocks in India, which are companies that produce the beverages we all enjoy and that investors are keeping an eye on for consistent growth.

What Are Beverage Stocks?

Beverage stocks are essentially stocks of companies that manufacture, package, or sell beverages, including fruit juices, energy drinks, bottled water, fizzy colas, coffee, and even alcoholic beverages like beer, vodka, and whisky.

There are two major categories:

Non-alcoholic (such as protein shakes, tea, or soft drinks)
Alcoholic beverages (such as whisky, rum, and beer)

Regardless of the economic circumstances, people buy beverages, which is why these stocks are generally considered dependable choices for long-term investments.

List Of 10 Best Beverage Stocks

Company	Current Market Price (In ₹)	Market Capitalization (In ₹ Crores)	52-Week High (In ₹)	52-Week Low (In ₹)
Varun Beverages	451	1,52,524	683	419
United Breweries	1,983	52,433	2,300	1,810
Radico Khaitan	2,582	34,547	2,790	1,628
Allied Blenders & Distilleries	422	11,798	455	279
Tilaknagar Industries	343	6,644	457	200
Som Distilleries & Breweries	157	3,063	173	95.6
Globus Spirits	959	2,778	1,373	751
Sula Vineyards	304	2,564	514	243
G.M. Breweries	745	1,703	1,049	579
Orient Beverages	223	48.1	416	211

(Data as of 3 July 20, 2025)

Read Also: List Of Best FMCG Stocks In India

Overview Of 10 Best Beverage Stocks In India

An Overview Of The 10 Best Beverage Stocks In India Is Given Below:

1. Varun Beverages

Pepsi and all the soft drinks associated with the PepsiCo brand you enjoy in India are made by Varun Beverages. It was founded in 1995 and is now one of the biggest PepsiCo bottlers outside of the U.S. They bottle and sell everything from Mountain Dew to Slice, Tropicana, and Aquafina. The company has grown quickly, especially in smaller cities, and has a pretty good distribution network. Varun Beverages has modern facilities and is focused on growth, making it one of the strongest companies in India’s non-alcoholic beverages market.

Know the Returns:

1Y Return (%)	3Y Return (%)	5Y Return (%)
-29.52%	186.49%	631.20%

(Data as of 3 July 20, 2025)

Read Also: Varun Beverages Case Study

2. United Breweries

Talking about beer in India would be impossible without mentioning United Breweries’ flagship product, Kingfisher. This company was founded in 1915 and has since become one of the most renowned brands in the beer industry in India. Currently, Heineken owns the majority of this Bengaluru-based company. Beverages manufactured by United Breweries are available all over India, making them perfect whether it’s at a cricket match, a party, or a restaurant.

Know the Returns:

1Y Return (%)	3Y Return (%)	5Y Return (%)
-3.64%	31.31%	88.81%

(Data as of 3 July 20, 2025)

3. Radico Khaitan

Radico Khaitan has been around since 1943. But it flourished in the late 1990s when it introduced new brands, like Magic Moments vodka and 8 PM whisky. These names are now very popular. Radico doesn’t just do business in India; it ships its products to more than 30 other countries. It has also created an international division, namely Radico International in the year 2003 and introduced brands such as Beck’s Beer and wines from E&J Gallo in the Indian alcohol market.

Know the Returns:

1Y Return (%)	3Y Return (%)	5Y Return (%)
51.96%	204.21%	607.53%

(Data as of 3 July 20, 2025)

4. Allied Blenders & Distillers

When discussing whisky in India, Allied Blenders & Distillers is always mentioned. ABD, which is well-known for brands like Officer’s Choice and Sterling Reserve, made a big impression with its initial public offering (IPO), debuting almost 13% above its offer price. It is a key player in the alcohol industry, distributing a wide range of products, including whiskey, rum, vodka, brandy, and other spirits. The company holds a strong global presence, exporting its products to over 22 countries. Its early success in the public market, despite a high P/E, demonstrates how much investors trust this company.

Know the Returns:

1Y Return (%)	3Y Return (%)	5Y Return (%)
25.68%	33.14%	33.14%

(Data as of 3 July 20, 2025)

5. Tilaknagar Industries

Tilaknagar Industries has been around since the 1930s and is the company behind the well-known whisky brand “Mansion House.” The company is based in Mumbai and mostly sells Indian Made Foreign Liquor (IMFL), especially brandy and whisky. It has a strong presence in southern India and has been steadily expanding its reach across the country. Tilaknagar Industries offers a wide range of products, such as brandy, whiskey, vodka, gin, rum, etc. The company has a strong distribution network, and its products are exported to international markets.

Know the Returns:

1Y Return (%)	3Y Return (%)	5Y Return (%)
39.51%	355.35%	1,634.86%

(Data as of 3 July 20, 2025)

6. Som Distilleries & Breweries

Based in Bhopal, Som Distilleries is renowned for making low-cost drinks like Hunter and Black Fort beers. Since 1993, they have been in business and have gradually grown by continuing to provide high-quality products at competitive prices. Mostly found in central and northern India, their products are slowly making their way across the country. They also make whisky, rum, and vodka, which is a good combination for consumers on a tight budget.

Know the Returns:

1Y Return (%)	3Y Return (%)	5Y Return (%)
28.11%	429.49%	983.83%

(Data as of 3 July 20, 2025)

7. Globus Spirits

Globus Spirits is all about spirits, ranging from more high-end IMFL brands to your general country spirits. It was founded in 1993 and is a versatile player because it also produces industrial alcohol and ethanol. The company has manufacturing facilities in states like Rajasthan, Bihar, and Haryana. In addition to selling goods like alcoholic beverages, it gains from the Indian government’s initiative for manufacturing of cleaner fuel through ethanol. If you’re considering both consumer demand and industrial relevance, this company can be a good investment option.

Know the Returns:

1Y Return (%)	3Y Return (%)	5Y Return (%)
14.13%	2.71%	667.83%

(Data as of 3 July 20, 2025)

8. Sula Vineyards

Sula Vineyards If you’ve ever had Indian wine, it was probably from Sula. Rajeev Samant started this company in Nashik in 1999. It brought wine culture to India. Sula has a wide range of wines, including reds, whites, sparkling wines, and rosé. They even made the first wine tourism spot in India! Sula has something for everyone, from casual drinkers to serious individuals who enjoy wine.

Know the Returns:

1Y Return (%)	3Y Return (%)	5Y Return (%)
-39.74%	-15.72%	-15.72%

(Data as of 3 July 20, 2025)

9. GM Breweries

GM Breweries is a small company in Mumbai that has been making IMFL and country liquor since 1981. Founded in 1981 by Shri Jimmy William Almeida, the company has grown to become the largest manufacturer of country liquor in Maharashtra and Goa, holding a significant market share. They have fully integrated production facilities, which helps them save money and time. In the liquor industry, GM Breweries is a strong local player with good growth potential.

Know the Returns:

1Y Return (%)	3Y Return (%)	5Y Return (%)
-18.12%	56.77%	133.12%

(Data as of 3 July 20, 2025)

10. Orient Beverages

Based in Kolkata, Orient Beverages has been in business since the 1960s. It is primarily known for producing bottled water and soft drinks, particularly in eastern India. In certain areas, it has collaborated with well-known brands like Bisleri over the years. If you want to invest in local businesses that operate consistently, Orient is a good option.

Know the Returns:

1Y Return (%)	3Y Return (%)	5Y Return (%)
-44.99%	213.49%	311.60%

(Data as of 3 July 20, 2025)

Key Performance Indicators

Company	Operating Margin (In %)	Net Profit Margin (In %)	ROE (In %)	ROCE (In %)	Debt-To-Equity
Varun Beverages	19.41	13.17	15.62	20.86	0.14
United Breweries	7.22	4.96	10.12	14.49	0.13
Radico Khaitan	11.09	7.11	12.55	17.39	0.23
Allied Blenders & Distilleries	11.10	5.53	12.63	23.22	0.58
Tilaknagar Industries	16.87	16.02	26.02	25.53	0.05
Som Distilleries and Breweries	10.72	7.24	12.83	17.33	0.23
Globus Spirits	3.12	0.86	2.35	6.31	0.52
Sula Vineyards	20.37	12.12	11.97	16.92	0.51
GM Breweries	25.21	20.27	13.74	17.07	0
Orient Beverages	7.11	1.84	14.37	18.13	3.42

(Data as of March 2025)

Benefits of Investing in Beverage Stocks

The benefits of investing in beverage stocks are listed below:

Beverages are daily essentials, so demand stays strong regardless of economic cycles.
Strong brand loyalty helps these companies maintain steady sales.
Wide distribution networks support consistent market reach and growth.
Ability to pass on cost increases to consumers protects profit margins.
Many beverage companies offer steady cash flows and dividends, making them attractive for long-term investors.
Good option for portfolio diversification due to their stable performance.

Read Also: Best Alcohol Penny Stocks in India

Disadvantages of Investing in Beverage Stocks

The disadvantages of investing in beverage stocks are listed below:

These companies are subject to strict regulations and high taxes, especially in the alcoholic segment.
Vulnerable to changing consumer preferences (e.g., shift toward healthier drinks).
Fluctuating raw material costs can reduce profit margins.
India’s beverage industry is a competitive market that makes it hard to maintain high growth rates.
Reputation risks and compliance issues can impact brand value and sales.

Conclusion

The beverage industry in India offers numerous investment opportunities as these businesses are expanding swiftly and adapting to their customers’ demands. They produce everything from soft drinks to well-known alcohol drinks. Although they may not at first appear like the most fascinating investments, some of the beverage companies have an excellent track record. So, the next time you drink soft drink or an alcoholic beverage, remember that you could also be investing your money into the company that made it. However, before making any investments, you should consult a financial advisor or do thorough analysis yourself. Read company news, keep an eye on financial performance, and always think long term.

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Frequently Asked Questions (FAQs)

Are stocks in the beverage industry a good long-term investment?
Yes, especially companies with well-known brands that have a stable customer base and stable revenues.
Which beverage company in India has the biggest market cap?
Presently, Varun Beverages Ltd. is the leader in non-alcoholic drinks, and United Spirits Ltd. is the leader in alcoholic drinks based on market capitalization.
Is investing in stocks related to alcoholic beverages risky?
Investment in stocks of companies that manufacture alcoholic beverages can be risky due to changing regulations and high taxes, but they also have high margins.
What does the future hold for the Indian beverage industry?
The future seems bright for the Indian beverage industry because incomes are expected to rise, development of cities, and changing lifestyles.
How can I select the best beverage stocks before I buy them?
Look at KPIs like sales, profit margins, and market share before buying any beverage stock. However, it is essential to consider your risk tolerance and consult a financial advisor before investing.

July 8, 2025

Difference Between ROCE and ROE

To choose the right stock in the share market, it is very important to understand the financial health of the company. Two important ratios ROE (Return on Equity) and ROCE (Return on Capital Employed) help a lot in this. Both these metrics show how profitably the company is using its capital.

It is important for today’s investors to know the true meaning of ROCE and ROE in the share market, how they are different and how to use them.

What is ROE?

ROE, i.e. Return on Equity, tells how much profit the company is making from its shareholders’ money. It is calculated using this formula:

Formula : ROE = Net Profit ÷ Shareholders Equity × 100

If a company has a high ROE, it means that it is using its investors’ capital well. Generally, an ROE of 15% or above is considered good. ROE matters more in sectors where capital requirement is less like technology and finance industry.

Example: Suppose a company has a net profit of ₹50 crore and shareholders equity is ₹250 crore,

Then, ROE = (50 ÷ 250) × 100 = 20%

This means the company is earning a profit of ₹20 on every ₹100 of capital invested by shareholders. So, ROE is an important metric, especially when it comes to long term investing.

What is ROCE?

ROCE stands for Return on Capital Employed. ROCE shows how much a company has earned using its total capital resources (i.e. equity + debt). This metric is especially important for capital intensive companies that rely on both debt and shareholder’s equity to earn profits.

Formula : ROCE = (EBIT ÷ Capital Employed) × 100

where, EBIT = Earnings Before Interest and Taxes.

Example : If a company has EBIT of ₹60 crores and total capital of ₹300 crores, then ROCE will be 20%.

ROCE = (60 ÷ 300) × 100 = 20%

Meaning, the company is earning ₹20 from every ₹100 of total capital, indicating its strong financial performance.

ROE vs ROCE : Key Differences

Parameter	ROE (Return on Equity)	ROCE (Return on Capital Employed)
Objective	Measures the return generated on shareholders’ equity	Measures the return generated on total capital employed (equity + debt)
Formula	Net Profit ÷ Shareholders’ Equity × 100	EBIT ÷ (Equity + Debt) × 100
Capital Considered	Only shareholders’ equity	Both shareholders’ equity and borrowed capital (debt)
What It Indicates	How efficiently a company generates profit using owners’ funds	How efficiently a company uses all available capital to generate operating profits
Impact of Debt	High debt can artificially inflate ROE	Debt is included, so it reflects a more accurate financial performance
Best for Sectors	Asset-light sectors like IT and Banking	Capital-intensive sectors like Manufacturing, Infrastructure, Oil & Gas
Reliability	Less reliable in highly leveraged companies	More transparent and reliable across different capital structures
Long-Term Perspective	Can sometimes show better short-term returns	Better suited for long-term performance evaluation, especially for companies with debt

Which Ratio Is Better for Investors?

Let us look at practical applications of these ratios.

1. When is ROE more useful?

ROE matters the most when the company has little or no debt, such as in IT or finance companies. In such cases, this ratio shows how well the company is earning returns on its shareholders’ capital.

2. When is ROCE more reliable?

If the company is in a capital-intensive sector, such as manufacturing, power or infrastructure, ROCE gives a more accurate picture. Because this ratio takes into account both debt and equity and tells how much profit the company is earning from the total capital.

3. Impact of debt on both ratios?

Sometimes ROE looks very good, but the reason for that might be the company’s high debt. ROCE clears this confusion because it also includes debt while calculating returns, which gives an idea of the real efficiency.

4. Why look at both together?

If you are thinking of long term investment, then both ROE and ROCE should be looked at together. ROE shows how much profit the shareholders are getting, while ROCE gives an understanding of how efficiently the company has used all its resources.

Practical Example : Comparing Two Companies

Example: Company A vs Company B – Comparison of ROE and ROCE

Financial Data (₹ in Crores)

Parameter	Company A	Company B
Shareholders’ Equity	₹80 Cr	₹140 Cr
Long-Term Debt	₹120 Cr	₹220 Cr
Capital Employed	₹200 Cr	₹360 Cr

Income Statement Highlights (₹ in Crores) :

Income Statement	Company A	Company B
EBIT	₹50 Cr	₹70 Cr
Interest Expense	₹12 Cr	₹30 Cr
PBT	₹38 Cr	₹40 Cr
Tax	₹8 Cr	₹10 Cr
Net Profit	₹30 Cr	₹30 Cr

ROE = (Net Profit ÷ Shareholders’ Equity ) X 100

Company A: ROE = (30 ÷ 80)X 100 = 37.5%
Company B: ROE = (30 ÷ 140) X 100 = 21.4%

ROCE = (EBIT ÷ Capital Employed ) X 100

Company A ROCE = (50 ÷ 200)X 100 = 25%
Company B ROCE = (70 ÷ 360) X 100 = 19.4%

Company A has a total capital of ₹200 crore (equity of ₹80 crore and loan of ₹120 crore). With this capital, the company earned a great return of 37.5% ROE and 25% ROCE.

Company B has a total capital of ₹360 crore, with equity of ₹140 crore and loan of ₹220 crore, but even then its ROE was only 21.4% and ROCE was 19.4%.

This comparison clearly shows that:

Company A earned more returns with less capital – meaning its business is more effective and capital-efficient.

Company B did not show the same efficiency even after investing more money, meaning the use of capital was not that effective.

Bottom line: Just having a lot of capital is not enough; what matters is how wisely that capital is used.

Common Mistakes to Avoid

Some of the common mistakes to avoid while analysing equities using ROCE and ROE are listed below:

Investing just by looking at high ROE : High ROE is not always a good sign. Many times companies take huge loans to show high ROE, which hides the real profitability. That is why it is important to look at ROCE and debt level along with ROE.
Ignoring ROCE, especially in capital-intensive sectors : In companies that invest heavily in assets (such as steel, infrastructure or manufacturing), ROCE matters more. Ignoring it means ignoring the actual efficiency of the company in generating profits.
Looking at data of only one year : Taking a decision by looking at only one year’s ROE or ROCE numbers can be a big mistake. One should always look at trends of 3–5 years to get an idea of consistency and sustainability.
Not comparing with industry average : Every company belongs to a specific industry with some unique characteristics. Technology companies are usually capital-light, while utilities or infrastructure firms require substantial investment. It is important to compare ROE and ROCE with the sector average.
Immediately considering low ROE as negative : Some mature and steady companies may have low ROE, but they give consistent dividends and stable cash flow. In such a situation, do not take investment decisions just by looking at the numbers, also look at the business model and long-term performance.

Conclusion

Both ROCE and ROE show the company’s earning capacity from different perspectives. ROE tells how much return the company is earning from shareholders’ capital, while ROCE shows the returns earned by utilization of the entire capital. It is not right to take a decision by looking at only one ratio. Smart investors identify the real strength of the company by looking at both together. It is essential to consult a financial advisor before investing.

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Frequently Asked Questions (FAQs)

What is the key difference between ROE and ROCE?
ROE shows the return on equity only, whereas ROCE shows the return on total capital (debt + equity).
Which is better: ROE or ROCE?
Both convey important insights about the company’s performance and must be used together to analyze the company.
Can a company have high ROE but low ROCE?
Yes, this can happen if the company has taken a lot of debt.
Is ROCE important for companies with a lot of debt?
Of course, ROCE shows how much profit the company is earning from its total capital, which includes debt.
How many years of ROE/ROCE data should we analyze?
Consistency of company’s financial performance can be understood by looking at the data of at least 3 to 5 years.

July 8, 2025

Difference Between Options and Futures

Trading isn’t just about taking advantage of price fluctuations by buying or selling shares. Especially when you deal with commodities or indices, you’ll come across two key instruments, known as futures and options.

At first glance, these two might look the same. But in nature and in how their value changes, they are quite different. So, now the question is, what is the difference between futures and options?

In this blog, we will discuss the difference between futures and options and their features.

Understanding Options and Its Features

Options are derivative contracts and these give you the right, but not the obligation, to buy or sell an asset at a specific price. This asset can be stocks, commodities, or indices. You can buy or sell it at a fixed price called the strike price. You have to use this right within a certain time period. To obtain this right, you pay a fee called the premium.

There are two types of options, which are:

Call Option: It gives you the right, but not the obligation, to buy the asset at a fixed price. Say, you buy a call option with a ₹100 strike price. Now the stock rises to ₹120. Here, you can exercise your call option to buy at ₹100 and make a profit.
Put Option: It gives you the right, but not the obligation, to sell an asset at a fixed price. For example, if you buy a put option with a ₹100 strike price. Now, the stock falls to ₹80,you can exercise your put option to sell at ₹100 and make a profit.

Features of Options

Some of the features of options are listed below:

1. Right Without Obligation

Options give the buyer the right to buy or sell the underlying asset. Remember, it is not the obligation to buy or sell the underlying asset at a fixed price within a set timeframe.

2. Premium-Based Contract

The buyer pays a premium to the seller (writer) for this right. Premium is the maximum loss for the buyer. For the seller, it is the maximum profit if the option expires worthless, but risk can be much higher.

3. Defined Risk and Unlimited Reward (for Buyer)

Buyers can only lose the premium, but their potential gain is theoretically unlimited (in the case of calls) or substantial (in puts).

4. Obligation on Seller

The seller must honor the contract if the buyer chooses to exercise the option. This exposes the seller to significant risk, especially in uncovered positions.

5. Contract Size (Lot Size)

Options are traded in fixed lot sizes, which vary depending on the underlying asset (e.g., 25 shares for some stock options in India). This determines the total premium of the contract.

6. Strike Price

This is the pre-decided price at which the option buyer can exercise the option. It directly impacts profitability and intrinsic value.

7. Intrinsic and Time Value

An option’s price (premium) consists of:

Intrinsic Value: The real, in-the-money value.
Time Value: The extra value due to time left until expiry and expected volatility.

8. Expiry Date

Every option has a specific expiry date, post which it becomes invalid. This could be weekly, monthly, etc.

9. American vs. European Options

American Options: Can be exercised any time before expiry.
European Options: Can only be exercised on the expiry date (common in India for index options).

10. Used for Hedging and Speculation

Options serve multiple purposes such as:

Hedging: Options can be used to protect an existing portfolio.
Speculation: Options can be used to bet on directional movement.

Read Also: What is Options Trading?

Understanding Futures and Its Features

A futures contract is a standardized derivative contract, which defines terms for buying or selling an asset at a predetermined price on a specific date in the future. The underlying asset can be a commodity, currency, stock, or index.

Unlike options, futures come with a clear obligation. Both the buyer and the seller must honour the contract, no matter what the market price is at the time of expiry. So, whether the price goes up or down, the contract has to be honored.

The best example of this is a farmer who agrees to sell wheat at ₹2,000 per quintal after 3 months. Even if market prices change, both buyer and seller must honor the deal. It ensures price certainty but involves risk as the price of the underlying asset may move against your position. These are traded on organized exchanges, ensuring transparency and easy access.

Features of Futures

1. Standardization

Futures contracts are standardized contracts with terms such as the quantity, quality, and delivery date of the underlying asset pre-determined.

2. Exchange-Traded

All futures contracts are traded on regulated exchanges. This ensures transparency. Also, since the futures contracts are accessible to all, there is more liquidity.

3. Obligation to Buy/Sell

Both the buyer and the seller must fulfill their obligation based on the futures contract specifications. The futures contract can either be settled through physical delivery of underlying assets or via cash settlement.

4. Margin Requirements

Traders must deposit an initial margin. It is important to maintain a minimum balance (maintenance margin) as collateral to hold on to your trading positions.

5. Leverage

Futures contracts allow traders to make a relatively large trading position with a small amount of money, known as margin. This helps increase potential profits, but also magnifies losses.

6. Mark-to-Market Settlement

Profits and losses are settled daily. The value of your trading position is adjusted at the end of every trading day to reflect the current market price.

7. Hedging and Speculation

Futures can be used by hedgers to protect their investment portfolios against adverse price fluctuations. Futures contracts can also be used by speculators to profit from price movements.

8. Expiration Date

Every futures contract has a set expiration date. This is the date on which the contract must be settled, either by delivery of underlying assets or by cash.

9. Settlement Options

Contracts can be settled by physical delivery of the asset or by cash settlement. It is based on the contract specifications.

10. Liquidity and Price Transparency

Futures markets are highly liquid and are traded on the exchanges. This ensures efficient price discovery and easy entry/exit for traders.

Difference Between Futures and Options

Now that you know the basic details of both, let us explore the difference between futures and options here:

Feature	Futures Contracts	Options Contracts
Obligation	Buyer and seller are obliged to complete the transaction on the agreed date.	Buyer has the right, not the obligation, to buy/sell the asset before expiry.
Execution	Must be executed on the specified future date.	Some options can be exercised anytime before expiry (for American options).
Upfront Cost	No upfront premium; margin is required.	The buyer pays a premium upfront to buy the option.
Risk	Higher risk; both parties can face unlimited profit or loss.	Limited risk for buyers (loss limited to premium paid).
Profit/Loss Potential	Both profit and loss potential can be large and theoretically unlimited depending on price movements.	Profit can be unlimited; loss for buyers is limited to premium.
Liquidity	Generally higher liquidity; suitable for day trading.	Far OTM and ITM options may be less liquid compared to futures.

Key Differences Between Futures and Options You Should Know

Till now, you know what the difference is between futures and options at large. But do you need to focus on all while investing? Well, yes, but there are some that hold more importance. These are:

1. Liquidity

Futures are generally more liquid than options.

At a given time, there can be only three to four futures contracts with different expiries available for trading, due to which they have higher volumes. On the other hand, there can be dozens of options contracts of the same asset with different strike prices, This makes futures more suitable for intraday traders who need fast execution and minimal price slippage.

2. Price Movement

Prices of Futures contracts move more quickly compared to options contracts.

Futures contracts mirror real-time price changes in the underlying asset. On the other hand, options react more slowly because their price sensitivity (delta) is usually less than 1. This is because multiple factors, such as time value, delta, and volatility influence them. Out-of-the-money options, in particular, tend to show smaller price changes.

3. Capital Risk and Time Decay

Options, when compared to futures, lose value over time due to time decay.

With options, the premium you pay reduces as the expiry date nears. This is called time decay. That means even if the market moves in your favor, your option might lose value daily. Futures don’t suffer from time decay but carry higher risk due to compulsory execution.

Conclusion

Understanding the difference between futures and options is key to becoming a smart trader. While both are derivative contracts, they serve different needs. Futures come with an obligation to buy or sell and are preferred for their liquidity. Options, on the other hand, provide an opportunity to speculate with limited risk.

So, what is the difference between futures and options in simple terms? Futures require compulsory execution, while options give you the right but not the obligation. That’s the core of it. Remember, the choice between futures and options is all about risk management and your trading strategy.

To make your trading journey smoother, platforms like Pocketful offer the right technical tools to analyze market movements. So, open a trading and demat account today and start your trading journey.

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Frequently Asked Questions (FAQs)

What is the main difference between futures and options?
The main difference lies in obligation. Futures require both the buyer and the seller to honor the terms of the contract on the predetermined date, while options give the buyer the right but not the obligation to buy or sell an asset.
Which is safer for beginners: futures or options?
Options are generally safer for beginners because the maximum loss is limited to the premium paid for option buyers. Futures involve higher risk as losses can be unlimited if the market moves against your position.
Can I trade futures and options with small capital?
You can trade futures and options with a small capital as futures require a small margin while options require the full premium payment upfront to create a position.
Are futures and options available for all stocks?
No, only selected stocks that meet exchange criteria (like market cap, liquidity, and volume) have futures and options available for trading. You can check the approved F&O stock list on the NSE or the broker’s website.
What is the risk involved in futures and options trading?
Futures involve high risk as both parties must honor the contract, which can lead to unlimited losses if the market moves against your trading position. Options carry limited risk for buyers (only the premium paid), but sellers may face larger losses. Proper trading strategy and risk control are crucial in both cases.

July 8, 2025

20 Side Income Sources Apart From Full-Time Salary

Over the past few quarters, the inflation rate has been consistently declining, due to which there has definitely been relief for the general public, but salaries are stagnant and expenses on luxury items are constantly increasing. At such a time, it is not right to solely depend on one income. This is the reason why people are now looking for side income sources.

In this blog, we will tell you 20 effective and easy ways to earn extra income, which everyone can start along with their job or studies.

Top 20 Side Income Sources

Everyone’s financial objectives and skill sets are different, so here we have divided 20 income ideas into four different categories – so that you can choose the right option for you. Some side income ideas are entirely online, others cater to creative talents, a few involve financial investments, and several can be pursued on weekends or during your free time.

Category	Side Income Idea
Online & Digital	Freelancing (Writing, Design, Tech)Online Tutoring / Course SellingBlogging / YouTube ChannelAffiliate MarketingSelling Digital Products (eBooks, Templates)
Creative & Passion	Stock PhotographyHandmade Crafts / Instagram StoreVoiceover / PodcastingMusic / Dance / Art ClassesReels / Short Video Content
Investment-Based	Stock Market (Dividends, Trading)Rental Income from PropertyMutual Funds / SIPREITsPeer-to-Peer Lending
Offline	Weekend Food Stall / Café Event Photography / VideographyRent out Vehicle / Tools Delivery Partner (Zomato, Swiggy etc.)Fitness / Yoga Classes

Detailed Breakdown: 20 Side Income Ideas You Can Start Today

A detailed breakdown of 20 side income ideas is given below:

1. Freelancing

In today’s digital era, freelancing is a great way to earn extra money from your skills. If you have any skill like writing, designing, coding or video editing, then you can make good money by working part-time for clients.

How to start: Create a profile on websites like Fiverr, Upwork, Freelancer, prepare a portfolio of past work, and start with small projects.
Who is best for: Students, job professionals, housewives and people who want to use extra time properly.

2. Online Tutoring or Selling Courses

If you have a strong hold on a subject like Maths, English, Coding or Finance then you can teach others online or create a self-paced course.

How to start: Take classes from Zoom or Google Meet, or create and upload your course on platforms like Udemy, Unacademy.
Who is better for: Teachers, students, working professionals and subject experts.

3. Blogging or YouTube Channel

If you like writing or making videos, then by starting a blog or YouTube channel can help you gradually earn income from brand collaborations, ads and affiliates.

How to start: Create blogs on WordPress or start making videos by choosing a niche on YouTube.
Who is better for: Creative thinkers, students, part-time contributors.

4. Affiliate Marketing

Affiliate marketing is a method in which you share the link of a product or service and if someone makes a purchase through your link, you get a commission.

How to start: Join affiliate programs of platforms like Amazon, Flipkart, Zerodha, and share links through blog or social media.
Who is it best for: Bloggers, YouTubers, content creators and digital marketers.

5. Digital Products

If you can create something like resume templates, budgeting sheets, planners or mini eBooks then you can earn passive income without repeated effort.

How to start: Create products with tools like Canva, Notion and upload them on platforms like Gumroad, Payhip.
Who is it best for: Designers, students, writers and creatives.

6. Stock Photography

If you have good photography skills, you can sell your photos on websites like Shutterstock, Adobe Stock and get royalty.

How can you earn: Depends on the quality of the photos and the number of downloads.
How to start: Choose your best quality photos and upload them on stock photo platforms.
Best for: Hobby photographers, travelers and visual content creators.

7. Handmade Crafts / Instagram Store

If you make things like candles, jewelry, art pieces or home decor, you can open your shop on Instagram.

How can you earn: Depends on the uniqueness, pricing and marketing of your products.
How to start: Create a professional page on Instagram, showcase products with good visuals and captions.
Best for: Housewives, artists, students with creative minds.

8. Voiceover or Podcasting

If you have a strong voice and can speak well, voiceover projects or podcasting can also make a strong side income.

How to start: Get a microphone and recording setup, and get started on freelancing sites or platforms like YouTube and Spotify.
Best for: Communicators, speakers, storytellers.

9. Art, Dance or Music Classes

If you are skilled in any art like singing, playing, painting or dancing – then you can generate extra income by taking classes on weekends.

How to start: Add students through word of mouth, local WhatsApp groups or Instagram.
Best for: Artists, hobbyists, homemakers.

10. Making Instagram Reels / YouTube Shorts

Short videos are quite popular these days. You can increase your followers by creating innovative content and can attract brand deals or sponsorships.

How to start: Create content on trending topics, post regularly, and use hashtags correctly.
Who is it best for: Gen-Z, creative people, students, and influencers.

11. Stock Market

Investing in good stocks can provide regular income in the form of dividends over time. Some people also make profits from short-term trading, but it requires proper knowledge and some practice.

How to start: Open a demat account on a platform like Pocketful, Zerodha, Groww or Angel One and start investing.
Who is best for: Working professionals, students and people interested in finance.

12. Real Estate Rental Income

A stable income source can be created by renting out properties like flat, shop or office. This income can be quite good in metro cities.

How to start: List your house or shop on a platform like MagicBricks, 99acres to contact a good tenant.
Who is best for: Those who have property or space to rent out.

13. Mutual Funds / SIP

Investing a small amount every month through SIP can give good returns in the long term. This income is completely based on the market, but the risk is also balanced.

How to start: Create an account on apps like Groww, Paytm Money or Zerodha Coin and start SIP by selecting a fund.
Who is better for: Employed people, beginners in investing and financial planners.

14. REITs (Real Estate Investment Trusts)

Offers an opportunity to invest in real estate without buying property. By buying units in REITs, one can benefit from both rental income and growth.

How to start: One can invest in popular REITs like Embassy, Mindspace through the stock market.
Who is better for: Mid-term investors and people looking for stable income.

15. Peer-to-Peer Lending (P2P Lending)

One can earn side income by lending money to a needy person through the P2P platform and earning interest on it. This is an alternative investment option.

How to start: Start investing by creating an account on RBI registered platforms like Faircent, LenDenClub.
Who is better for: Investors with low risk tolerance and people looking for passive income.

16. Food Truck or Weekend Cafe Stall

Setting up a food truck or stall on a small scale on weekends can be a good source of income. There is always a demand for street food in metro cities, especially for new and unique food items.

How to start: Decide on a location, get an FSSAI license and start with a small menu.
Best for: Food lovers, chefs, etc.

17. Event Photography or Videography

Photography at events such as weddings, birthdays or corporate meetings is a popular side income source. With a creative vision and a little technical knowledge, this work can go a long way.

How to get started: Start with a camera and basic gear, build a client base through Instagram or local networking.
Best for: Photography enthusiasts, students, and creative people.

18. Renting out a car, room or equipment

Many times, there are resources lying around that are not being used like an extra room, bike or camera. You can rent them out to generate regular income.

How to start: List on sites like Zoomcar, Drivezy, Airbnb or Rentomojo.
Best for: Working professionals, travellers and those looking for passive income.

19. Becoming a delivery partner (Zomato, Swiggy, Dunzo)

A stable part-time income can be generated by taking out a few hours from your daily schedule for a delivery job. There is always a demand for food and package delivery in cities.

How to get started: Register on the app, submit bike photographs and documents and choose the shift.
Best for: Students, part-time workers and people with extra time.

20. Fitness trainer or yoga instructor

The passion for fitness is not just limited to health, it can also become a great source of income. Local classes, park sessions or online training can generate good income.

How to start: Start with local parks, societies or online classes.
Best for: Fitness lovers, health experts and certified instructors.

How to Choose the Right Side Income for You

You can decide the right side income for yourself by considering the following points:

Calculate time carefully : Every work requires time, some ideas require a little time every day, like blogging, while some can be done even on weekends, like classes or setting up stalls.
Identify your skills and interests : The work you are comfortable with can turn into side income. Skills like designing, writing, video editing are useful in freelancing, while creative people can create content.
Understand the budget and risk : Some ideas require some investment to start, like the food business or stock market. On the other hand, online tutoring or work on social media can be started without money.
Start Small: Start on a small scale and gradually build a stable client base while learning.
Work continuously : Patience and consistency are what turns your extra efforts into success.

Conclusion

Apart from a full-time job, it is now both necessary and wise to adopt a way to earn side income. Amidst the changing economic situation, rising inflation and future uncertainty, an additional source of income not only provides financial security but also gives a feeling of self-reliance. In today’s era, every skill and every hobby has value – you just need to start in the right direction. Only those who use their time properly and constantly learn something new are able to gradually create a strong second income. Small steps, right thinking and a little patience together can bring about a big change.

Frequently Asked Questions (FAQs)

What is the best side income source in India?
Freelancing, online teaching and content creation are good options.
Can I earn extra income while doing a full-time job?
Yes, many ideas discussed above can be done on weekends or in free time.
Do I need money to start a side income?
Some of the ideas discussed above can be started without any investment.
How much time does a side income source take?
One can start by working 1–2 hours daily to earn a side income.
Is it legal to have side income in India?
Yes, as long as the income is earned in the right way and taxes are paid.

July 7, 2025

Top 10 MNC Companies in India

India’s rapid economic growth has made it a hub for leading multinational companies and global business talent. These firms bring with them cutting-edge technology, global knowledge, and strong financial resources which helps in improving employment opportunities, economy, and life in general in a country.

In this blog, we will look at the top 10 multinational companies in India and how they aid in the advancement of the country.

What are MNC Companies?

Multinational companies (MNCs) as defined by the Foreign MNC Policy 2005 are the companies established or registered in two or more countries and have facilities, offices and subsidiaries in different regions. They have their headquarters in one country but run offices, factories, or stores in different countries.

MNCs are known for their strong brand image, high-quality products, and global business operations. In India, MNCs play a critical role in sectors like information technology, automobile, consumer products, etc. by providing employment and innovative products and services, and foreign capital in the country’s economy.

Top 10 Multinational Companies in India

Company Name	Current Price (₹)	Current Price (₹)	52 Week High (in ₹)	52 Week Low (in ₹)
Reliance Industries	1,507	20,39,614	1,609	1,115
Bharti Airtel	2,015	12,09,167	2,025	1,408
Infosys	1,618	6,72,037	2,007	1,307
ITC Limited	420	5,25,468	495	390
Larsen & Toubro	3,691	5,07,625	3,964	2,965
HCL Technologies	1,730	4,69,464	2,012	1,303
Sun Pharmaceuticals Industries	1,671	4,00,929	1,960	1,498
Wipro	268	2,80,869	325	225
Indian Oil Corporation Ltd	147	2,07,229	186	111
Tata Steel Ltd.	162	2,02,296	178	123

(Data as of 27 June 2025)

Overview of the Top 10 Multinational Companies in India

An overview of the top 10 multinational companies in India is given below:

1. Reliance Industries

Reliance Industries Ltd Is the largest private sector company in the country and was established by Dhirubhai Ambani in 1958. It started as a textiles business and over the years expanded its business operations to petrochemicals, refining, telecom, retail, and energy. After his death, Dhirubhai Ambani’s two sons, Anil and Mukesh Ambani, split up the company. Under Mukesh Ambani’s leadership, the company has soared to new heights by branching out into several sectors, including retail, telecommunications, entertainment, etc. The company’s headquarters is in Mumbai.

Read Also: Reliance Industries Case Study

2. Bharti Airtel

Bharti Airtel Ltd It is a prominent telecom company in the world, was founded by Sunil Bharti Mittal in 1995. It started offering mobile services in Delhi and has now expanded to 18 countries in South Asia and Africa and has over 550 million subscribers. The company has also expanded and diversified from wireless broadband to offer digital payments and various enterprise grade solutions. Some of its key brands include Airtel, Wynk Music, Airtel Xstream, etc. offering mobile, broadband, DTH, payments, digital banking and data services.

Read Also: Bharti Airtel Case Study

3. Infosys

Infosys Ltd was founded in 1981 in Pune and over the years has expanded its business operations in more than 50 countries, delivering IT consulting, outsourcing, and digital transformation services to clients worldwide. The company is renowned for its expertise in artificial intelligence, cloud, and automation solutions. As of 2025, Infosys employs over 340,000 professionals globally, making it one of the largest IT services companies in the world. The company is headquartered in Bengaluru.

Read Also: Infosys Case Study

4. ITC Limited

It is a diversified conglomerate founded in 1910 and headquartered in Kolkata. ITC operates across multiple sectors including FMCG, hotels, paperboards, packaging, agribusiness, and information technology. The company began operating in the hospitality industry in 1975, opening its first hotel in Chennai. In 2001, the company entered the branded packaged foods industry, selling items such as biscuits, noodles, and confectionery. ITC Limited has been using renewable sources of energy to meet nearly 50% of its energy needs. Internationally, ITC exports its products to over 90 countries and has established a global presence through its agri and FMCG businesses.

Read Also: ITC Case Study

5. Larsen & Toubro

In 1938, two Danish engineers, Henning Holck-Larsen and Soren Kristian Toubro, started L&T. It now operates as an Indian multinational company with a strong foothold in technology, engineering, construction, manufacturing, and financial services. L&T was among the first first companies to import machinery and later ventured into manufacturing and construction, becoming one of the key players in India’s industrial and infrastructural growth. It has been instrumental in completing landmark projects like India’s airports, metros, and nuclear power plants. The L&T Group comprises 5 associates, 97 subsidiaries, and 15 joint ventures. Its headquarters are located in Mumbai.

Read Also: Larsen & Toubro Ltd Case Study

6. HCL Technologies

HCL Technologies Founded in 1976 by Shiv Nadar, the company is now one of the biggest IT service firms. Originally focused on hardware, HCLTech shifted its focus in the 1990s to software and IT services. Today, the company provides IT, engineering, cloud, and digital services and operates in over 60 countries, with more than 200 delivery centers and 150 innovation labs worldwide. Its clientele spans diverse industries, including banking, healthcare, automotive, telecommunications, and retail. It has its headquarters in Noida.

Read Also: HCL Technologies Case Study

7. Sun Pharmaceuticals Industries

Sun Pharmaceuticals Industries It is a global pharmaceutical company, founded by Dilip Sanghvi in 1983 and headquartered in Mumbai. Sun Pharma is the fourth largest generic pharmaceutical company in the world, with manufacturing and business operations in over 100 countries. The company is known for its strong presence in the US, Europe, and emerging markets, and it continues to expand its global footprint through acquisitions and partnerships. The corporation operates 43 manufacturing sites and complies with regulations set forth by several regulatory bodies, including the Pharmaceutical and Medical Devices Agency (PMDA) in Japan, the European Medicines Agency (EMA), and the US Food and Drug Administration (FDA).

Read Also: Sun Pharma Case Study

8. Wipro

Founded in 1945 as a vegetable oil company based in Amalner, Wipro shifted its focus towards the IT sector during the 1980s. Now it is the leading global IT, consulting and business process firm with its headquarters in Bengaluru. The company has a workforce exceeding 2,34,000. In 1999 it became one of the few Indian IT companies to be listed on the New York Stock Exchange. Wipro Ltd is headquartered in Bengaluru and offers its services in more than 65 countries.

9. Indian Oil Corporation

It was originally incorporated as Indian Oil Company in 1959. Indian Oil Corporation was formed in 1964 through the merger of Indian Oil Company Ltd. and Indian Refineries Ltd. The company has interests in the entire hydrocarbon value chain ranging from exploration, refining, pipeline transportation and marketing petroleum products. Some of the well known brands and products include Indane (LPG), Servo lubricants and XTRAPREMIUM/XP100 (premium fuels).

Read Also: Indian Oil Case Study

10. Tata Steel

Tata Steel Ltd was established in 1907. Headquartered in Mumbai, the company has a rich legacy in India’s steel industry and played a key role in supplying steel to the defense sector during World War II. In a move to expand its global presence, it acquired Singapore-based NatSteel Holdings in 2004. Since then, it has completed multiple acquisitions both in India and abroad, the most recent being the acquisition of Bhushan Steel Limited in 2018.

Read Also: Tata Steel Case Study

Key Performance Indicators

Company Name	Basic EPS (₹)	Operating Profit Margin (%)	Net Profit Margin (%)	ROE (%)	ROCE (%)
Reliance Industries	51.47	13.50	8.37	8.25	8.70
Bharti Airtel	58	28.42	19.52	29.52	14.72
Infosys	64.50	23.32	16.41	27.87	35.85
ITC	27.79	35.66	46.38	49.61	36.41
Larsen & Toubro	109.36	10.33	6.91	15.39	14.89
HCL Technologies	64.16	20.42	14.86	24.96	30.84
Sun Pharmaceuticals	45.60	27.88	20.88	15.13	19.83
Wipro	12.56	21.26	14.80	15.94	19.03
Indian Oil Corporation Ltd	9.87	2.99	1.58	7.29	8.22
Tata Steel Ltd.	2.74	7.51	1.36	3.75	8.49

(Data as of March 2025)

Factors to Consider before Investing in MNC Stocks

Various factors to consider before investing in MNC stocks are given below:

Company Performance Metrics: Evaluate financial metrics such as profit margins, returns on equity, and debt levels. Strong financial numbers indicate possible growth in the future.
Brand Recognition and Market Presence: Products and services of companies with established brands and significant market presence are in constant demand. A strong customer base helps the company earn stable revenues.
Trends in the Industry and Sector: Assess the growth potential of the sector business operates in as well as the impact of economic cycles and changes in regulations.
Management Structure and Corporate Policy: Experienced management and well-established governance policies helps companies deliver consistent performance over time.
Dividends Policy: High dividends to shareholders makes investing in MNC stocks appealing for investors looking for passive income.
Global Trends and Other factors: Evaluate global economic conditions, foreign currency risks, regulatory frameworks, and others factors that could impact the company’s performance.

Analyzing these factors in detail can help investors make better investment decisions and reduce risk when investing in the shares of multinational companies in India.

Read Also: Top Power Companies in India

Advantages and Disadvantages of Investing in MNCs

Advantages

Good Governance: MNCs listed in India offer a good investment opportunity as they offer greater transparency to investors due to the strict corporate governance policies set by their parent companies according to the best practices worldwide.
Stability and Brand recognition: These companies have a solid international presence and business model, helping them earn stable income streams and be resilient during economic downturns.
Access to Global Technology & Expertise: Investors can obtain indirect exposure to sophisticated technology, research and development, and best global practices brought in by the MNCs, which can foster innovation and market leadership.
Diversification within India: While listed in India, their global presence as well as their diversified product portfolios provide the investors a level of diversification.

Disadvantages

Limited Universe & High Valuations: MNC stocks available in India are relatively few in number, leading to a higher than average P/E ratio which makes these stocks expensive to buy.
Global Headwinds Impact: These companies remain vulnerable to global economic downturns, geopolitical tensions, or shifts in trade policies that would impact operations worldwide. Moreover, operations in different countries results in foreign exchange risk, geopolitical risk, etc.

Advantages and Disadvantages of Investing in MNCs

Advantages

Good Governance: MNCs listed in India offer a good investment opportunity as they offer greater transparency to investors due to the strict corporate governance policies set by their parent companies according to the best practices worldwide.
Stability and Brand recognition: These companies have a solid international presence and business model, helping them earn stable income streams and be resilient during economic downturns.
Access to Global Technology & Expertise: Investors can obtain indirect exposure to sophisticated technology, research and development, and best global practices brought in by the MNCs, which can foster innovation and market leadership.
Diversification within India: While listed in India, their global presence as well as their diversified product portfolios provide the investors a level of diversification.

Disadvantages

Limited Universe & High Valuations: MNC stocks available in India are relatively few in number, leading to a higher than average P/E ratio which makes these stocks expensive to buy.
Global Headwinds Impact: These companies remain vulnerable to global economic downturns, geopolitical tensions, or shifts in trade policies that would impact operations worldwide. Moreover, operations in different countries results in foreign exchange risk, geopolitical risk, etc.

Conclusion

In conclusion, the foreign companies contribute significantly to the Indian economy by providing high quality goods and services and attractive investment returns due to their strong global presence. MNCs in India will continue to aid in the development of the Indian economy in the near future.

Multinational corporations (MNCs) significantly shaped India’s economy by creating jobs, foreign direct investment, and transferring information about modern technologies along with best practices across sectors. Their presence has bolstered infrastructure development, sparked homegrown innovation, and enhanced the participation of Indian firms in global supply chains. Given the bright economic future of India alongside favorable government policies, MNCs are positioned to increase the growth trajectory of the Indian economy and India’s competitive standing worldwide.

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Frequently Asked Questions (FAQs)

What defines a multinational company (MNC)?
An MNC has operations in a number of countries and is involved in manufacturing or providing services in more than one nation.
What makes India attractive to MNCs?
Multinational companies are attracted to India due to its vast market, skilled human resources, and supportive business policies.
How do MNCs impact local businesses?
xcorporations encourage healthy competition which has mixed effects for local businesses. They create more business opportunities through service contracts or buying from local suppliers.
Does India have laws governing operations of multinational c ompanies?
Yes, foreign companies operating in India need to operate as per the relevant laws in India.
Can Indian companies become MNCs?
Definitely, numerous Indian companies are already operating in multiple countries and have become MNCs over the years.

July 7, 2025

Top 10 Food Delivery Stocks in India

The online food delivery industry in India is growing rapidly, valued at around $45.15 billion in 2024 and projected to reach $102.43 billion by 2030. Not just food, services like quick-commerce (Blinkit, Instamart, Zepto) are also driving this growth. The sector has gained more attention with Swiggy’s IPO in November 2024.

In this blog, we will know why investing in India’s top food delivery companies can be beneficial, and what things you should keep in mind.

India’s Online Food Delivery Sector

Online food delivery in India has now become a fast-growing and technology-driven sector. People in small and big cities prefer to order food from mobile apps, and this trend is now visible in the world of investment as well. Today, this industry is not limited to just apps; it has also included new experiments like cloud kitchens, dark stores and quick-commerce models. Many companies have already listed on the stock market, and some are going to list in the near future, making this sector a new opportunity for investors.

What are Food Delivery stocks?

Food delivery stocks are shares of companies that provide food delivery or related services through digital means. This sector can be divided into two types of companies:

Online platform companies : These are companies whose entire business model is based on taking digital orders, connecting with restaurants and managing the delivery network. These companies are usually tech-centric and are rapidly scalable.
Quick service restaurant (QSR) companies : The main business of these companies is to sell food through restaurants, but now they are also developing their delivery service as a parallel business unit. They have strong brand value and customer loyalty, which keeps their revenue stable.

10 Best Food Delivery Stocks Based on Market Capitalisation

Company	Sector / Category	Current Market Price	Market Capitalisation (in INR crore)	52-Week High	52-Week Low
Eternal Ltd (Zomato)	Food Delivery + Quick Commerce	₹ 325	3,13,829	₹ 334	₹ 190
Swiggy Ltd	Food Delivery + Instamart	₹ 436	1,08,823	₹ 617	₹ 297
Jubilant FoodWorks	QSR (Franchisee)	₹ 661	43,596	₹ 797	₹ 558
Devyani International	QSR (Franchisee)	₹ 184	22,668	₹ 223	₹ 130
Westlife Foodworld	QSR (Franchisee)	₹ 745	11,616	₹ 960	₹ 641
Sapphire Foods India	QSR (Franchisee)	₹ 321	10,328	₹ 401	₹ 242
Restaurant Brands Asia	QSR (Franchisee)	₹ 80.0	4,658	₹ 116	₹ 59.4
Barbeque Nation Hospitality	Casual Dining + Delivery	₹ 257	1,003	₹ 712	₹ 246
Coffee Day Enterprises	Cafe + Online Delivery	₹ 47.0	993	₹ 51.5	₹ 21.3
Speciality Restaurants	Fine Dining + Delivery	₹ 126	610	₹ 181	₹ 114

(Data as of 9 September 2025 )

Read Also: 7 Top Food Stocks in India

Overview of the Top Food Delivery Stocks

An overview of the top food delivery stocks in India is given below:

1. Eternal Ltd.

Zomato started in 2008 as a restaurant discovery platform, but today it is among the largest online food delivery companies in India. The company has expanded its services over time and added verticals like Blinkit (grocery delivery) and Hyperpure (restaurant supply). Zomato’s operations are spread across 800+ cities in the country, and it processes crores of orders every month. Due to technology-driven delivery model, strong user base and continuous innovation, the company has gained a strong foothold in the industry by 2025. With the increase in disposable incomes, Zomato’s potential to scale is getting even better.

Know the Returns:

1Y Return (%)	3Y Return (%)	5Y Return (%)
24.77%	423.23%	180.43%

(Data as of 9 September 2025 )

2. Swiggy Ltd.

Swiggy was launched in 2014 and has now become India’s second largest online food delivery and quick commerce company. In November 2024, the company listed itself on the stock market by bringing an IPO. Apart from food delivery, its Instamart platform is rapidly expanding into grocery delivery. Swiggy is offering its services in 500+ cities and is investing heavily in order fulfillment, AI-based routing and cloud kitchen models. Its rapidly growing user base makes it an attractive investment option in 2025.

Know the Returns:

1Y Return (%)	3Y Return (%)	5Y Return (%)
3.85%	3.85%	3.85%

(Data as of 9 September 2025 )

Read Also: Swiggy Case Study

3. Jubilant FoodWorks Ltd.

Jubilant FoodWorks Ltd is the exclusive franchise holder of Domino’s Pizza in India and also operates international brands like Dunkin’ Donuts and Popeyes. The company was started in 1995 and has become a leading name in the QSR (Quick Service Restaurant) segment. Jubilant offers food services through 1,800+ outlets across India. The company has also diversified its portfolio and included new brands such as Hong’s Kitchen, thereby expanding its business operations and strengthening it.

Know the Returns:

1Y Return (%)	3Y Return (%)	5Y Return (%)
2.82%	2.82%	46.39

(Data as of 9 September 2025 )

4. Devyani International Ltd.

Devyani International Ltd is one of the largest QSR companies in the country running franchises of leading brands such as KFC, Pizza Hut and Costa Coffee. It was founded in 1991 and operates under Yum Brands. The company operates over 1,400 outlets in 250+ cities in India and is constantly offering its services across new cities. Devyani has expanded its service to tier-2 and tier-3 cities, thereby strengthening its pan-India presence. Its brand positioning in the QSR segment is quite stable and reliable.

Know the Returns:

1Y Return (%)	3Y Return (%)	5Y Return (%)
1.04%	-3.59%	31.48%

(Data as of 9 September 2025 )

5. Westlife Foodworld Ltd.

Westlife Foodworld Ltd operates McDonald’s India (West and South India). The company has been associated with this franchise since 2010 and offers fast-food services through more than 370+ outlets. Westlife has upgraded its retail network with online ordering, delivery and drive-thru models. The strong brand value of McDonald’s and the company’s reliance on technology for increased efficiency makes it a trusted player in the Indian QSR industry. In 2025, the company’s focus is on offering healthier food options, affordable meals, and great user experience.

Know the Returns:

1Y Return (%)	3Y Return (%)	5Y Return (%)
-10.73%	9.54%	103.22%

(Data as of 9 September 2025 )

6. Sapphire Foods India Ltd.

Sapphire Foods india Ltd operates franchises of KFC and Pizza Hut in the northern and western states of India. It is another key partner company of Yum Brands, which started its operation in 2015. Sapphire is present in large parts of the country with 700+ outlets. The company is constantly adapting its services for on-time delivery of orders and enhanced customer experience. In recent years, its focus has been on expansion of its outlet network and operational efficiency, making it a good option for long-term investment.

Know the Returns:

1Y Return (%)	3Y Return (%)	5Y Return (%)
-3.12%	10.93%	18.89%

(Data as of 9 September 2025 )

7. Restaurant Brands Asia Ltd.

Restaurant Brands Asia (RBA) Ltd operates Burger King in India and also has a franchise network in Indonesia. RBA was founded in 2013 and now offers QSR services through 400+ outlets. The company has gained popularity among the youth due to its budget-friendly menu and fast service. RBA is constantly expanding into new cities and is strongly promoting online ordering. Its multi-geographical presence helps it to have stability in the QSR sector.

Know the Returns:

1Y Return (%)	3Y Return (%)	5Y Return (%)
-25.85%	-39.52%	-28.82%

(Data as of 9 September 2025 )

8. Barbeque Nation Hospitality Ltd.

Barbeque Nation Hospitality Ltd was started in 2006 and has become a popular name for live grill and buffet dining in India. The company has 150+ outlets and is now moving towards online food delivery and cloud kitchen models. Barbeque Nation has always focused on “value for money” and “dine-in experience”, but in 2025 it has also started giving importance to digital platforms and delivery partnerships. Its multi-category approach sets it apart from other QSR brands.

Know the Returns:

1Y Return (%)	3Y Return (%)	5Y Return (%)
-60.44%	-78.46%	-47.45

(Data as of 9 September 2025 )

9. Coffee Day Enterprises Ltd.

Coffee Day Enterprises Ltd, founded in 2008 and headquartered in Bengaluru, is best known as the owner of India’s largest café chain, Café Coffee Day (CCD). The company operates over 450 outlets across 200+ cities, serving millions of customers annually. Apart from its core café business, it is also involved in coffee exports, vending machines, and allied businesses like hospitality (The Serai resorts) and tech parks. Despite strong brand presence, it has been tackling debt challenges in recent years.

Know the Returns:

1Y Return (%)	3Y Return (%)	5Y Return (%)
31.66%	-12.70%	19.92%

(Data as of 9 September 2025 )

10. Speciality Restaurants Ltd.

Speciality Restaurants Ltd was founded in 1992 and owns premium dining brands like Mainland China, Oh! Calcutta, Sigree. The company’s specialty is quality dining service with authentic and regional flavors. It is now present across the country through 100+ outlets. Speciality has also recently adopted digital innovations in its menu, tech-enabled ordering and food delivery models. The company primarily focuses on an upscale and loyal customer base, which makes it different from other QSR players.

Know the Returns:

1Y Return (%)	3Y Return (%)	5Y Return (%)
-24.20%	-45.28%	278.34%

(Data as of 9 September 2025 )

Key Performance Indicators (KPIs)

The key performance metrics of food delivery companies are mentioned below:

Company	Operating Margin (%)	Net Profit Margin (%)	ROE (%)	ROCE (%)	Debt to Equity
Eternal Ltd (Zomato)	4.20	2.60	1.73	2.63	0.00
Swiggy Ltd	-19.71	-20.45	-30.49	-25.83	0.00
Jubilant FoodWorks	10.33	2.72	10.02	13.07	0.71
Devyani International	5.61	-0.13	0.83	6.57	0.85
Westlife Foodworld	5.62	0.48	2.01	21.35	0.51
Sapphire Foods India	5.20	0.57	1.37	5.81	0.01
Restaurant Brands Asia	-2.81	-9.12	-23.79	-2.67	0.33
Barbeque Nation Hospitality	4.10	-2.19	-7.66	4.84	0.19
Coffee Day Enterprises	5.16	-12.74	-2.24	1.66	0.53
Speciality Restaurants	9.82	5.03	6.64	9.39	0.00

(Data as of March 2025)

How to Analyze Food Delivery Stocks?

Food delivery companies are growing rapidly, but it is not enough to make a decision just by looking at the name or brand popularity before investing in it. As a smart investor, you should deeply understand the foundation of the company’s business and its growth plan.

Growth and order trends : It is important to see how fast the company’s average order value, user base and number of monthly orders are growing. For example, both Zomato and Swiggy have seen a rapid growth in demand in FY25.
Is it making a profit or not : Is the company profitable or not? Zomato has made a profit for the second consecutive quarter, while Swiggy’s grocery delivery segment is now slowly helping reduce its overall losses.
Technology and Innovation : Companies that are using technology like AI to manage order routing systems or cloud kitchens will be more scalable in the future. Instamart and Blinkit are good examples in this case.
Business expansion : Many companies are active not just in food delivery but also in grocery, logistics and supply chain. This diversification of revenues makes them more stable.
Company’s market presence and recognition : Before investing in any stock, it is important to judge the strength of the company’s brand image. In this industry, recognition and customer trust make the biggest difference.

Benefits of Investing in Food Delivery Stocks

Along with rapid expansion, the food delivery industry in India offers several unique benefits for investors. Strong growth, technology-driven models, and brand loyalty make these stocks attractive for long-term portfolios.

Strong growth potential: The sector is projected to more than double from $45 billion in 2024 to $102 billion by 2030, driven by rising online ordering habits across cities.
Diversification into quick-commerce and grocery: Companies are expanding into quick-commerce and grocery delivery (e.g., Blinkit, Instamart), creating multiple revenue streams beyond food delivery.
Technology-driven scalability: Use of AI to manage inventory, cloud kitchens, and efficient logistics make these businesses highly scalable and capable of rapid expansion.
Strong brand value and customer loyalty: Well-known brands like Zomato, Domino’s, and McDonald’s enjoy strong customer trust, helping maintain steady demand even in competitive markets.
Early-stage investment opportunity: India’s food delivery market is still in its early growth phase, giving long-term investors the chance to benefit from future expansion.

Risks & Challenges in Investing in Food Delivery Stocks

Along with expected growth of the food delivery industry, there are some risks associated with it too. Some of these risks are mentioned below.

Heavy cash burn and delayed profitability : Companies like Zomato and Swiggy have been burning cash for a long time. Operational expenses are high, and earnings grow slowly. Zomato has turned profitable in FY25, but Swiggy is still reporting losses. Hence, the road to profitability is a long process.
Tough competition and pricing pressure : There is a constant battle for market share between Zomato, Swiggy and other QSR brands. Companies try to lure customers through discounts, offers and exclusive deals, which puts pressure on margins.
Regulatory risks and labor costs : Food delivery companies depend on thousands of delivery agents. If there is any change in the government policy related to insurance, PF, minimum wage, etc., then their operating costs can increase significantly.
Change in customer behavior : Customer preferences change rapidly. If a new app or service gives a better experience, users can shift immediately. Because of this, maintaining brand loyalty is a big challenge.
Delivery infrastructure and logistics costs : There is always pressure on these companies to deliver more orders in less time. For this, the latest technology, warehouses (dark stores), and a large network of delivery staff are required, which can be very expensive.
Risk of decline in valuation after IPO : Stocks like Zomato and Swiggy saw a lot of growth in the beginning, but the actual profit and growth may be less than expectations of investors.

Read Also: 10 Best Copper Stocks in India

Conclusion

India’s food delivery and QSR industry is growing rapidly, and many listed companies have become attractive investment options. But it is important to understand the business model, growth potential and risk factors carefully before investing. If you have a long-term view, this sector can be a good addition to the portfolio. Consult a financial advisor before investing in any of these companies.

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Frequently Asked Questions (FAQs)

What are food delivery stocks?
Shares of companies that operate in the online food ordering or QSR model that accept online orders are called food delivery stocks.
Which is better, Zomato or Swiggy?
Both have different strengths; Zomato has recently turned profitable while Swiggy’s quick commerce is growing rapidly.
Are food delivery stocks a risky investment?
Yes, these companies face stiff competition and may take a long time to be consistently profitable.
Is this sector good for long-term investment?
If the company is strong and the business model is sustainable, then it can be a good investment option for the long term.
What is the future growth potential of food delivery companies in India?
With the growing number of internet users, increase in disposable incomes and the habit of online ordering in India, this sector is likely to witness rapid growth in the coming years.

July 6, 2025

Rakesh Jhunjhunwala: How He Became India’s Billionaire “Big Bull”

Rakesh Jhunjhunwala, one of India’s most successful and famous investors, is also known as the “Big Bull of India”. Coming from a simple family and starting with just ₹ 5,000, this chartered accountant made his mark in the stock market.

In this blog, we will know how Rakesh Jhunjhunwala made a fortune worth crores, interesting information related to his net worth, and educational background.

Early Life & Education

Detail	Information
Name	Rakesh Radheshyam Jhunjhunwala
Date of Birth	5 July 1960
Place of Birth	Hyderabad, Telangana (then Andhra Pradesh)
Father’s Name	Radheshyam Jhunjhunwala
Education	B.Com (Sydenham College), Chartered Accountant (ICAI)
Profession	Investor, Trader, Businessman
Date of Death	14 August 2022, Mumbai, Maharashtra, India

Rakesh Jhunjhunwala was born in a Marwari family, where the concepts of business and investment were part of everyday conversation since childhood. His father was an officer in the Income Tax Department and was himself interested in the stock market. From here, Rakesh ji’s interest also grew towards the market. From childhood, he used to hear his father talking about shares and gradually he started reading share prices and names of companies in newspapers.

He graduated in commerce from Sydenham College, Mumbai. After this, he started studying chartered accountancy and in 1985 he became a qualified CA. During his studies, he understood that he wanted to make a career in the stock market.

Soon after becoming a CA, he entered the stock market with a capital of ₹5,000. At that time he did not have any big resources, but he had confidence, knowledge of doing research and courage to take risks. This quality makes him different from millions of investors. He understood the market not just as a source of income but as an art and a science – and this thinking earned him the title of “Big Bull of India”.

Read Also: Rakesh Jhunjhunwala Penny Stocks

Starting the Investment Journey

Lets look at the journey of Rakesh Jhunjhnwala in the stock market over the years:

Started Investment Journey with just ₹5,000 : Rakesh Jhunjhunwala entered the stock market in 1985, when he started his investment with just ₹5,000. At that time, the BSE Sensex was only around 150. This was the time when common people considered the stock market as gambling, but Rakesh ji saw it as an opportunity.
Initial Loans from brother’s clients :His conviction and dedication impressed his brother’s clients, who trusted him with ₹2.5 lakh to invest. With this capital, he expanded his initial investment a little and focused on investing in some good stocks.
First big profit : His first notable profit came in 1986, not long after entering the market. At that time, he bought 5,000 shares of Tata Tea at a price of ₹43. In just a few months, this stock reached ₹ 143. That is, his investment grew to almost three times his initial stake. This success was a turning point for him, which convinced him that with research, patience and time, big money can be earned from the stock market.
Gradually built a strong portfolio : After Tata Tea, he identified good companies one after the other and invested in them for the long term. Companies like Sesa Goa, Lupin, Titan, Crisil became part of his portfolio. Rakesh Jhunjhunwala believed that if the fundamentals of the company are strong, then it is beneficial to invest in it for years.
Investment thinking : He did not just buy shares – he understood the company. He always believed in quality business and did not run after popular stocks. He held his investments for the long term, due to which his winners yielded multibagger returns over time.

He always believed in the principle: “Buy right, sit tight.” i.e., invest in the right company and then stay patient.

Rakesh Jhunjhunwala’s Net Worth Over Time

Net Worth Timeline

Year	Estimated Net Worth	Sources and descriptions
1985 (beginning)	₹5,000	Started investing with his own savings
1990	Approx. ₹25 lakhs	Early investment in stocks like Tata Tea, Sesa Goa yielded profits
2002	₹250 crores +	Stocks like Titan, Praj Industries gave tremendous returns
2013	$1.3 Billion (~₹9,000 Cr)	Forbes India Billionaires List
2018	$3 Billion (~₹21,000 Cr)	Growth of Multibagger Stocks
August 2022 (Death)	$5.8 Billion (~₹46,000 Cr)	His net worth before death according to Forbes and ET
January 2025	₹50,310 crore	Based on listed portfolio of RARE Enterprises
March 2025	₹64,552.8 crore	Trendlyne data Public holdings of 27 stocks

Rakesh Jhunjhunwala Per Day Income & Portfolio Strategy

Rakesh Jhunjhunwala’s net worth was around ₹46,000 crores at the time of his death in 2022, which has increased to more than ₹64,500 crores by 2025. The value of his portfolio changes drastically every day due to the market fluctuations. His income cannot be compared to a salary with a fixed amount, but it was completely based on the performance of his invested stocks and dividends received.

Features of Portfolio Strategy : His investment strategy was clear; he held strong companies for the long term and did not believe in frequent trades. He believed that the most effective way to earn profits was to identify quality companies and stay invested for the long term.

Key points of his strategy:

Investment in companies with strong fundamentals
Focus on the quality of management
Clear thinking of long-term growth
Limited portfolio rebalancing

Beyond Stock Market: Akasa Air & Private Ventures

Rakesh Jhunjhunwala wasn’t just a stock market investor he was also a visionary businessman who contributed to India’s economy.

Co‑Founder of Akasa Air : He joined Akasa Air in July 2021 and invested $35 million in the initial round, giving him a nearly 40% stake. He increased his investment to bring his total stake to 46%, making him Akasa Air’s largest stakeholder. Today, Akasa Air’s fleet has expanded to 27 aircraft and offers services across 28 destinations.

Boardrooms & Mentorship : He served on the boards of several companies: places like Aptech, Hungama Digital Media, Praj Industries, Nagarjuna Construction Company, Prime Focus and Geojit Financial Services, etc. Jhunjhunwala wasn’t just an investor; he was a guide to the people trying to establish their businesses.

India‑First Growth Vision : He believed that India’s growth story had just begun. Whether it was the aviation sector or technology, he looked at everything as an opportunity. Akasa Air exemplifies this vision as an airline that not only offers top-notch services but also wants to contribute to India’s economic growth.

Investment Philosophy & Life Lessons

Rakesh Jhunjhnwala’s investment philosophy and life lessons can be summarized in the following points:

Do thorough research and analysis : Rakesh Jhunjhunwala believed that no investment in the stock market should be made without research. He used to invest only after doing thorough research on the fundamentals, management quality and future growth of the company.
Diversification is essential: He always emphasized on diversifying portfolios. He considered it risky to invest all the money in a single sector or stock. He believed that investing in different sectors reduces the risk and ensures stability in the long term.
Buy Right, Sit Tight : His most famous thought was – “Buy Right, Sit Tight”. But this did not mean just buying shares and sitting tight. He used to say that the mark of a real investor is to identify a strong company and trust it for a long time.
Long term vision : Jhunjhunwala believed that the market is not always stable. There will be periods of significant fluctuations, but a wise investor is the one who does not panic at that time; rather trusts his rationale behind investments.

He did not consider investment as just a means of earning money. According to him, every loss is a lesson and every investment is a learning. His mantra was trust knowledge and analysis, not tips.

Life After Death: Legacy, Family, and Impact

The news of the sudden demise of Rakesh Jhunjhunwala on 14 August 2022 left the entire nation stunned. On his demise, everyone from common investors to veteran business leaders paid tribute to him on social media.

After him, his wife Rekha Jhunjhunwala carried forward his investment legacy. The companies included in his portfolio are still standing strong, and the firm RARE Enterprises founded by him is active in the investment world.

Rakesh ji inspired millions to start their investment journey with his thoughts and experiences. Even today, his words “Be patient, keep learning, do research” guide the new generation of investors.

Conclusion

Rakesh Jhunjhunwala’s story tells us that to be successful in the stock market, it is not necessary to start with a huge amount- you just need to have knowledge and the courage to hold your investments during volatile market conditions. The knowledge he has left behind through his decisions remains an inspiration for every investor even today. His journey proves that with discipline, knowledge, and patience, even modest beginnings can lead to extraordinary success in the stock market.

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Frequently Ask Questions (FAQs)

What was Rakesh Jhunjhunwala’s net worth at the time of his death?
His net worth at the time of his death was around ₹46,000 crore.
How did Rakesh Jhunjhunwala start his stock market journey?
He started with ₹5,000 in 1985, when the Sensex was around 150.
What was Rakesh Jhunjhunwala’s daily income?
There is no fixed figure as his net worth fluctuates daily due to change in market prices of stocks he holds.
What was his educational background?
He studied Chartered Accountancy (CA) and graduated from Sydenham College.
Who is managing his investments now?
His wife Rekha Jhunjhunwala and the RARE Enterprises team are carrying forward his investment legacy.

July 5, 2025

SEBI Action on Jane Street: Impact on Indian Markets

Market regulator SEBI has taken strict action against US trading firm Jane Street and banned it from the Indian securities market. Investigation revealed that the firm made unfair profits of about ₹4,843 crores by misusing algorithmic trading on the expiry-day of Nifty and Bank Nifty derivative contracts. This decision has sparked a serious debate on the transparency and credibility of algo trading and quant trading firms in India. This strict action by SEBI shows that bypassing the rules by using automated trading models will no longer be tolerated no matter how influential the firm is.

SEBI’s Charges Explained: Why Jane Street Was Barred?

SEBI has found Jane Street and its affiliates of violating rules of the Indian derivatives market due to deliberate manipulation of index prices. These activities were carried out continuously from 1 January 2023 to 31 March 2025, with additional violations noted in May 2025.

Allegation 1: Intra-Day Index Manipulation

Jane Street made heavy purchases in stocks like Bank Nifty in the morning on expiry days and sold them at the end of the day, creating volatility in the market. They benefited from this in option trading. On January 17, 2024, ₹4,370 crore worth of Bank Nifty futures and its constituent stocks were purchased in the morning, and by the end of the day, the Bank Nifty was brought down by heavy selling worth ₹5,372 crores, which earned them profits worth crores from their position in Bank Nifty index options.

Allegation 2: Marking the Close Strategy

According to SEBI, Jane Street artificially moved the index up and down in the last 30 minutes of the day on several occasions. The purpose of this was to influence the closing value of the index at the time of expiry, which directly benefited them in option trades.

What did the SEBI report say?

SEBI found in its investigation that these trading patterns had no economic basis. The report clearly stated:

“This entire strategy was pre-planned so that the Jane Street Group could make profits and mislead the market.”

For how long did all this last?

This suspicious trading was done from January 2023 to May 2025. SEBI has described it as a pre-planned and malicious scheme, in which crores of rupees were earned by ignoring the rules.

How Jane Street Made the Profits?

Jane Street and its affiliates followed certain trading patterns in Nifty and Bank Nifty index derivatives that were against market rules. According to SEBI’s investigation:

Repetitive Pattern :

SEBI tracked 15 expiry days in which Jane Street first bought Index Futures in large quantities in the morning.
At the end of the day, when the market was about to close, they sold the same futures — causing artificial volatility in the market.

Profit from Options :

By moving the index up or down around the market close on expiry day, they profited from their positions in call or put options.
The prices of these options change significantly at closing, giving Jane Street a huge profit.

SEBI Recovery:

SEBI said that Jane Street Group made an unfair profit of a total of ₹4,843 crore.
This amount is now being recovered and forfeited under the interim order.

What It Means for Jane Street in India?

SEBI has issued a provisional order against Jane Street India and its associated companies –

Ban on trading : SEBI has prohibited Jane Street India from trading, dealing or accessing the Indian securities market. That is, at present they cannot engage in any kind of stock market activity.
Account freezing : SEBI has directed Jane Street’s and its associates to deposit unlawful gains of ₹4,843 crore in an escrow account.
Opportunity to respond in 21 days : Jane Street has been given 21 days in which it can present its side or challenge SEBI’s order.
Final order possible : SEBI has clarified that this order is provisional, but after the investigation is completed, a heavy fine, permanent ban or other strict action is also possible in the final order.

What This Means for Indian Brokers and Traders?

SEBI’s action on Jane Street is now having ripple effects on India’s broking system and small investors, signalling tighter monitoring for the industry.

Rethinking Expiry-Day Trading Risks : Brokers will now have to re-look at high-volume and high-loss-probability trades that take place on the expiry day. This has become a sensitive area after SEBI’s investigation indicated expiry-day manipulation.
Risk Management rules will be more stringent : After this action by SEBI, brokerage houses will have to update their risk management policies. Especially advanced checks and controls will be necessary on trades that cause large price fluctuations.
Pressure will increase on Algo Trading Firms : The filters and trading rules used for algo trading need to be further refined. It will be necessary to ensure that such algorithms do not manipulate the market.
Disclosure required for high-volume clients : Brokers will have to give proper risk disclosures to clients who repeatedly make high-volume trades on expiry-day. SEBI is emphasizing transparency and client awareness.
Surveillance systems become more important : The time has come for all brokers to adopt advanced surveillance tools so that suspicious trading patterns can be caught in real-time. SEBI is now adopting a proactive approach in such cases.

How does it impact Indian markets?

SEBI’s decision to suspend Jane Street’s access is being seen as a strong regulatory action in the Indian stock market. This move makes it clear that the regulator will now keep a strict watch on the activities of algo and quant trading firms, especially when it comes to unfair or manipulative trading patterns.

Jane Street, which earned more than $2.3 billion in net revenue from Indian equity derivatives in 2024 alone, is now directly facing a major setback. Not only their participation in Indian financial markets but their credibility and long-built business network has also been affected.

Conclusion

SEBI’s recent action has made it clear that regulations regarding algorithmic and quant trading in the Indian market are going to become even stricter. The barring of a big global firm like Jane Street can not only shake the trading ecosystem, but can also force all foreign and domestic institutions to rethink compliance and legality of their trading activities. This step can prove to be a turning point for ensuring market transparency and fairness.

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5	Bank NIFTY Intraday Options Trading: Steps, Strategies & Tips

Frequently Asked Questions (FAQs)

Why was Jane Street restricted by SEBI?
SEBI restricted Jane Street due to their unfair trading practices between 2023 and 2025.
How will this affect Indian traders?
This will cause increased regulations for algo traders using expiry day strategies.
Is this a permanent ban on Jane Street?
Not a permanent ban yet as SEBI’s investigation is ongoing.
Will this impact foreign investment in India?
This event concerning Jane Street is not expected to affect the foreign investment.
Will this affect Indian brokers?
Yes, the activity of some expiry-day based traders may be impacted due to tighter regulations.

July 4, 2025

Blog

Top 10 Fund Managers in India 2025

Who is a Fund Manager?

Top 10 Fund Managers in India 2025

Overview of the Top 1o Fund Managers in India

1. Sankaran Naren

2. R. Srinivasan

3. Shreyash Devalkar

4. Jinesh Gopani

5. Harsha Upadhyaya

6. Sohini Andani

7. Manish Gunwani

8. Aniruddha Naha

9. Chandraprakash Padiyar

10. Ankit Agarwal

How to Choose the Right Fund Manager as an Investor?

Conclusion

Frequently Asked Questions (FAQs)

Who is the best mutual fund manager in India right now?

How to evaluate a fund manager’s performance?

Does a fund manager really impact mutual fund returns?

Should beginners consider fund managers while investing?

Can the same fund perform differently under a new manager?

10 Best Fintech Stocks in India 2025

What are Fintech Stocks?

List of 10 Best Fintech Stocks

Overview of the 10 Best Fintech Stocks in India

1. Bajaj Finance

2. HDFC Asset Management Company

3. PB Fintech

4. One97 Communications

5. Central Depository Services (India)

6. Computer Age Management Services

7. KFin Technologies, Ltd.

8. Infibeam Avenues Ltd.

9. Dhani Services Ltd.

10. One MobiKwik Systems

Key Performance Indicators

Advantages of Investing in Fintech Stocks

Risks of Investing in Fintech Stocks

Fintech Industry: The Reasons It’s So Popular Now

Conclusion

Frequently Asked Questions (FAQs)

Is it risky to invest in fintech stocks?

Before investing in fintech stocks, what should I do?

Can I use a small amount to invest in fintech stocks?

Which companies are categorized as fintech companies?

How can I monitor the price performance of fintech stocks?

Top 10 Beverage Stocks In India

What Are Beverage Stocks?

List Of 10 Best Beverage Stocks

Overview Of 10 Best Beverage Stocks In India

1. Varun Beverages

2. United Breweries

3. Radico Khaitan

4. Allied Blenders & Distillers

5. Tilaknagar Industries

6. Som Distilleries & Breweries

7. Globus Spirits

8. Sula Vineyards

9. GM Breweries

10. Orient Beverages

Key Performance Indicators

Benefits of Investing in Beverage Stocks

Disadvantages of Investing in Beverage Stocks

Conclusion

Frequently Asked Questions (FAQs)

Are stocks in the beverage industry a good long-term investment?

Which beverage company in India has the biggest market cap?

Is investing in stocks related to alcoholic beverages risky?

What does the future hold for the Indian beverage industry?

How can I select the best beverage stocks before I buy them?

Difference Between ROCE and ROE

What is ROE?

What is ROCE?

ROE vs ROCE : Key Differences

Which Ratio Is Better for Investors?

1. When is ROE more useful?

2. When is ROCE more reliable?

3. Impact of debt on both ratios?

2. R. Srinivasan

9. Chandraprakash Padiyar

10. Ankit Agarwal