Blog

Best 10 Sleeper Low-Beta Stocks for 2026

Markets like momentum. Interest rates move, global news erupts overnight, and suddenly portfolios that look strong and stable on paper start swinging wildly. If you have ever checked your portfolio during a volatile week and felt your stomach drop, you already understand what value low-beta stocks bring to your portfolio.

Low-beta stocks do not give you an adrenaline rush. They promise something far more valuable to most long-term investors: stability.

As we head into 2026, with uncertainty still baked into global markets, sleeper low-beta stocks can quietly anchor your portfolio. They may not trend on social media, but they often do the heavy lifting when markets turn volatile. This blog looks at 10 such stocks.

This blog examines 10 such companies with strong fundamentals, predictable cash flows, and a history of outperforming the broader market. Think of them as the “tortoise” while everyone else is the “rabbit”, sprinting.

What are Low Beta Stocks?

A stock’s beta measures how much it moves compared to the market.

Beta < 1 means the stock moves less than the market
Beta > 1 means the stock moves more than the market

When the index falls 10%, a low-beta stock might fall only by 4 to 6%. And when markets rally sharply, it may rise slowly, but with fewer sleepless nights along the way. Low beta does not mean zero risk. It means managed volatility.

List of 10 Best Low-Beta Sleeper Stocks

S. No	Company	Current Price	Market Cap	52-W High	52-W Low	Stock Beta
1	Bharti Airtel	2,014	11,49,031	2,174	1,559	0.92
2	Hindustan Unilever	2,409.70	566,181	2,750	2,136	0.41
3	ITC Limited	317	995,010	444	302	0.54
4	SBI Life Insurance	2,034.20	2,02,701	2109	1380	0.83
5	HDFC Bank	920.6	1,416,627	1,020.50	830.55	0.84
6	Maruti Suzuki	15,237	4,81,783	17370	11059	0.81
7	Asian Paints	2,410.50	231,214	2,985.70	2,124.75	0.64
8	Pidilite Industries	1,497.40	152,392	1,574.95	1,311.10	0.54
9	Power Grid Corporation	293.9	273,344	322	247.3	1.09
10	Coal India	419.15	258,310	461.55	349.25	0.9

(Data as of 12th Feb, 2026)

Read Also: Top 10 Smart Beta ETFs in India

Overview of Best Low-Beta Sleeper Stocks

1. Bharti Airtel Ltd

Bharti Airtel is one of India’s largest telecommunications providers, offering mobile voice and data, broadband, DTH, and enterprise solutions. The company operates across India and Africa, serving millions of customers. It is actively expanding its 5G network while strengthening its 4G presence. Under the leadership of Sunil Bharti Mittal, Airtel focuses on digital services, rising ARPU, and long-term infrastructure growth.

Know the Returns:

1Y Returns	3Y Returns	5Y Returns
19.60%	158.78%	244.46%

(Data as of 12th Feb, 2026)

2. Hindustan Unilever Ltd

People will never stop buying soap, shampoo, or packaged food during recessions. This is the simple logic behind Hindustan Unilever’s defensive nature. Its brands fit into everyday life, not economic cycles. Even during slowdowns, demand remains stable, which is clearly evident in stable earnings and lower stock volatility. HUL may not deliver exclusive returns, but it often protects capital when other stocks tumble for some reason.

Know the Returns:

1Y Returns	3Y Returns	5Y Returns
-0.40%	-7.73%	7.37%

(Data as of 12th Feb, 2026)

3. ITC Limited

ITC’s evolution from a cigarette-centric business to a diversified FMCG and agribusiness company has made it far more resilient. Cigarettes still generate strong cash flows, while food, hotels, and paperboards provide diversification. This mix stabilises earnings during market stress. ITC behaves like a sleeper stock, which is often ignored during bull runs, but is considered reliable when volatility rises.

Know the Returns:

1Y Returns	3Y Returns	5Y Returns
-18.77%	-13.98%	51.88%

(Data as of 12th Feb, 2026)

4. Reliance Industries Ltd

Reliance’s strength lies in its diversity, energy, petrochemicals, retail, and digital. When one segment slows, another often compensates. That balance reduces earnings traumas and stabilises investor expectations. While not traditionally considered “defensive,” Reliance’s scale, balance sheet, and cash-generating ability have historically narrowed the downside compared to other cyclical peers.

Know the Returns:

1Y Returns	3Y Returns	5Y Returns
16.88%	17.06%	37.52%

(Data as of 12th Feb, 2026)

5. HDFC Bank Ltd

Banking as a sector is inherently risky because of multiple regulations, but HDFC Bank is an exception. Conservative lending, strong deposit franchise, and consistent asset quality have helped it avoid the boom-and-bust cycles seen elsewhere in the sector. For investors, it feels less like a trading stock and more like a long-term compounding one, and this is reflected in its relatively lower beta over market cycles.

Know the Returns:

1Y Returns	3Y Returns	5Y Returns
7.73%	11.16%	14.92%

(Data as of 12th Feb, 2026)

6. Maruti Suzuki India Ltd

Maruti Suzuki India Limited is India’s largest passenger car manufacturer, known for its wide range of affordable and fuel-efficient vehicles. The company operates multiple manufacturing facilities in India and holds a dominant share in the small car segment. Backed by its parent Suzuki Motor Corporation, Maruti Suzuki focuses on innovation, strong dealership networks, and expanding its presence in hybrid and CNG vehicles to drive future growth.

Know the Returns:

1Y Returns	3Y Returns	5Y Returns
18.73%	72.05%	100.07%

(Data as of 12th Feb, 2026)

7. Asian Paints Ltd

Asian Paints Ltd demand does not vanish away during downturns, it just slows. Homes still need maintenance. Renovations still happen. Asian Paints dominates its category with pricing, brand, and distribution network. That power translates into predictable earnings and comparatively stable stock movement. It is regarded as classic consumer-linked low-beta name.

Know the Returns:

1Y Returns	3Y Returns	5Y Returns
8.15%	-14.56%	0.28%

(Data as of 12th Feb, 2026)

8. Pidilite Industries Ltd

Pidilite Industries Ltd Fevicol is a household name in India, and that brand strength acts like a moat for the company. Pidilite’s products are small items but widely used across industries and homes. Even in slow economies, demand does not collapse. This consumption pattern helps company in better earnings growth and reduce volatility, exactly what low-beta investors look for.

Know the Returns:

1Y Returns	3Y Returns	5Y Returns
7.93%	27.11%	68.67%

(Data as of 12th Feb, 2026)

9. Power Grid Corporation of India Ltd

Power Grid is not about growth stories, it is about essential infrastructure. Electricity transmission is regulated, and largely sort of protected from economic cycles. Revenues are stable, cash flows are visible, and dividends are consistent. If your portfolio needs something that reacts less to market panic, utilities like Power Grid often bring peace to your mind.

Know the Returns:

1Y Returns	3Y Returns	5Y Returns
13.99%	86%	131.46%

(Data as of 12th Feb, 2026)

10. Coal India Ltd

Despite being in a cyclical sector, Coal India behaves defensively because of its monopoly in the sector and strong government support. Coal demand remains linked to India’s energy needs, providing stable volumes and strong cash generation. Add high dividend payouts, and you get a stock that often supports portfolios during market downturns, even when sentiment is weak.

Know the Returns:

1Y Returns	3Y Returns	5Y Returns
15.34%	90.64%	207.52%

(Data as of 12th Feb, 2026)

Key Performance Indicators (KPIs)

Company	ROE (%)	ROCE (%)	Operating Profit Margin (%)	Net Profit Margin (%)
Bharti Airtel	25.58	14.72	28.42	19.52
Hindustan Unilever	21.55	22.91	22.99	16.91
ITC Limited	49.61	36.41	35.66	46.38
SBI Life Insurance	14.20	0.65	2.53	2.06
HDFC Bank	13.56	2.62	25.58	21.83
Maruti Suzuki	15.06	19.29	12.79	9.32
Asian Paints	18.90	24.97	16.37	10.52
Pidilite Industries	21.28	27.05	22.07	15.97
Power Grid Corporation	16.75	12.32	60.77	34.13
Coal India	35.67	24.24	33.05	24.30

(as on 31st March 2025)

Benefits of investing in Low-Beta Stocks

There are numerous benefits of investing in Low-Beta Stocks, a few of which are mentioned below:

Lower volatility: Low beta stocks are less volatile than the overall market. During market downturns, low beta stocks tend to fall less.
Stability in uncertain times: They are often mature, cash-generating companies in defensive sectors, providing relatively steady earnings and price movement.
Better risk-adjusted returns: Low beta stocks can provide better risk-adjusted returns over the long term since they are less volatile.

Factors to be Considered Before Investing in Low-Beta Stocks

There are various factors one should consider before investing in Low-Beta stocks. Some of them are:

Business fundamentals: Review revenue growth, debt, cash flows, and competitive strengths. A stock can have low beta values but poor earnings quality.
Valuation levels: Defensive stocks often trade at premium valuations. Overpaying for “safety” can reduce long-term returns.
Sector exposure & economic cycle: Many low beta stocks belong to defensive sectors like utilities or FMCG. Understand how interest rates, regulation, and economic conditions affect them.

Read Also: Best Low-Risk Stocks in India

Conclusion

The biggest mistake investors make is chasing returns. Sleeper low-beta stocks rarely make headlines, but they often determine whether a portfolio survives turbulence.

As 2026 approaches, these 10 stocks offer stability against volatility. They might not offer perfection or guaranteed returns, but these businesses are at work when markets are in flux.

S.NO.	Check Out These Interesting Posts You Might Enjoy!
1	Best Low-Risk Stocks in India
2	List of Best Monopoly Stocks in India
3	Top 10 Best Summer Stocks in India
4	Best Cyclical Stocks in India
5	List Of Best Logistics Stocks in India
6	Best Copper Stocks in India
7	Best Jewelry Stocks in India
8	Best Metal Stocks in India
9	Best Semiconductor Stocks in India
10	Best Chemical Stocks in India
11	Best Battery Energy Storage System (BESS) Stocks
12	Top 10 Wind Energy Stocks in India

Frequently Asked Questions (FAQs)

Why are low-beta stocks considered “defensive”?
These stocks tend to react better when markets swings. Companies selling essentials or offering critical services don’t usually see earnings collapse overnight. So their stock prices don’t either.
Are low-beta stocks completely safe?
No stock is risk-free. Even the most stable company can face industry shifts, regulatory changes, or earnings pressure.
Who should consider investing in low-beta stocks?
Investors who value stability such as retirees, conservative investors, or anyone who does not want a roller-coaster ride in their portfolio.
How can I check a stock’s beta?
Most stock screeners, brokerage platforms, and financial websites display beta in the stock’s key statistics section
How often should I review low-beta stocks?
At least once or twice a year. Even stable businesses can face changes in fundamentals, valuations, or sector conditions.

February 18, 2026

Mutual Funds vs Individual Stocks: Which Investment Option Is Better for You?

Investors are looking to create wealth and continuously explore different investment avenues. They often get confused between mutual funds and individual stocks, and which one is better for them.

In today’s blog post, we will give you an overview of mutual funds and individual stocks, along with the key differences between them and which is better for you.

What are mutual funds?

A mutual fund is an investment tool offered by an asset management company that pools money from different investors, and its fund manager invests the money in different classes such as stocks, bonds, commodities, etc. There are two methods of investing in a mutual fund: one is lumpsum and the other is SIP (Systematic Investment Plan).

Key Features of Mutual Funds

The key features of mutual funds are as follows:

Professional Management: Investments in mutual funds are managed by the professional fund manager.
Liquidity: Mutual funds allow investors to buy and sell units anytime. Offering liquidity to investors.
Diversification: Mutual funds invest your money into different securities under asset class and diversify across multiple asset classes.

What are individual stocks?

Investing in individual stocks means that you directly invest in a company’s business by purchasing shares of the company listed on the stock exchange. The returns of investing in shares depend on the performance of the company; the better the company performs, the higher the return. To invest in individual stocks, one is required to have a demat and trading account.

Key Features of Individual Stocks

The key features of investing in Individual Stocks are:

Higher Returns: Investment in individual stocks offers a higher potential return. However, returns depend on whether the company is fundamentally strong and capable of outperforming analysts’ expectations.
High Risk: Stock is highly volatile and can fluctuate sharply due to various reasons such as results and geopolitical conditions. They also lack diversification, increasing overall risk.
Requires Knowledge: Investment in individual stocks requires knowledge and understanding of financial statements, industry reports, etc.

Difference between Mutual Funds and Individual Stocks

The key difference between mutual funds and individual stocks is as follows:

Particulars	Mutual Fund	Individual Stocks
Ownership	Investors do not have direct ownership of stocks.	Investors do have direct ownership of stocks.
Risk	Mutual funds carry lower risk compared to individual stocks.	Direct stock has a higher risk than a mutual fund.
Review	Minimum monitoring is required in mutual funds.	It requires daily monitoring, as the stock’s performance is required to be reviewed regularly.
Portfolio Diversification	A mutual fund offers greater diversification because capital is invested across various asset classes.	As the investment is made in a single company’s stock, it offers lower diversification.
Knowledge	It requires a low to moderate level of knowledge to invest in a mutual fund.	Investment in stocks requires comparatively higher knowledge and expertise.
Charges	Annual maintenance charges are charged by asset management companies. Hence, it is a low-cost investment option.	Along with the annual maintenance charges, there are other charges applicable, such as brokerage and taxes. It requires a higher cost.
Suitability	Mutual funds are suitable for long-term and new investors.	Direct stock investing is suitable for investors with rich experience and active investors.
Returns	Mutual funds offer moderate returns.	Investment in an individual stock has higher return potential.

Which is better, mutual funds or individual stocks?

Both mutual funds and individual stocks are suitable for different categories of investors. The suitability depends on the investor’s risk profile and investment objective.

Mutual Funds

It is suitable for investors who do not want to track the market regularly.
Investors who are looking for a low risk investment option can consider investing in a mutual fund.
Mutual funds are suitable for goal oriented and disciplined investors.
Investing in a mutual fund is a low-cost investment option.

Individual Stocks

Only if you have good knowledge of the capital market can you invest in individual stocks.
Investors who can handle high risk and volatility can consider investing in individual stocks.
Those who want potentially higher returns can invest in individual stocks.
Those who can monitor their investment regularly can choose an individual as an investment option.

Conclusion

On a concluding note, both individual stock and mutual funds plays a key role in creating wealth. Investors who do not want to actively manage their investments regularly can consider investing in mutual funds, as it requires minimal monitoring and are a cost-effective mode of investing. However, investment in individual stocks requires enhanced knowledge, as it requires active monitoring. Individual stocks offer higher returns than mutual funds but also carry high risk. Therefore, it is advisable to consult your investment advisor before making any investment decision.

S.NO.	Check Out These Interesting Posts You Might Enjoy!
1	Mutual Fund vs ETF. Are They Same Or Different?
2	ETF vs Index Fund: Key Differences You Must Know
3	ETF vs Stock – Which One is the Better Investment Option?
4	Gold ETF vs Gold Mutual Fund: Differences and Similarities
5	FD (Fixed Deposit) vs Stocks: Which is the better investment option?
6	Regular vs Direct Mutual Funds: Make The Right Investment Decision
7	Daily SIP vs Monthly SIP: Which SIP is Better?
8	SIP vs Lump Sum: Which is Better?

Frequently Asked Questions (FAQs)

What are the key difference mutual funds and individual stocks?
The main difference between mutual funds and individual stocks is related to diversification, return, and risk.
Why are mutual funds safer than individual stocks?
Investments in mutual funds are safer than individual ones as it spreads risk by investing across multiple asset classes.
Which is more suitable for a beginner investor?
Mutual funds are more suitable for beginner investors as it requires less market knowledge and offers professional fund management.
How are gains from equity mutual funds and stocks taxed in India?
All gains from mutual funds and stocks are taxed under the provisions of the capital gains tax in the Income Tax Act.
Is it mandatory to have a demat account to invest in mutual funds?
No, to invest in mutual funds, having a demat account is not mandatory. But it is essential to have a demat and trading account to invest in stocks.

February 18, 2026

Best Performing Precious Metals ETFs

Metal prices around the world have been swinging sharply, and gold has been at the center of the action. In 2026, gold prices in India touched record levels of nearly ₹1,75,000 per 10 grams at the beginning of the year. Soon after, prices corrected when the U.S. government appointed a new central bank leader. The stronger U.S. dollar and pressure on the Indian Rupee added to the volatility, leading to big moves in precious metal prices globally.

For many investors, buying physical gold or silver comes with extra costs like making charges and concerns about storage and safety. That’s why precious metal ETFs have become a popular alternative. They offer a simple, transparent, and cost-effective way to invest in gold and silver without holding the metal physically. As market uncertainty rises, more investors are adding gold and silver ETFs to diversify their portfolios and reduce overall risk. In this blog, we’ll explore some of the best options available today.

What Are Precious Metals ETFs?

A precious metals ETF is a type of fund where you can buy and sell them in the stock market, similar to buying shares of companies like TATA or Reliance. It is basically a digital version of real gold or silver, when you buy a unit of this fund the company that is managing the funds buys real physical metal and keeps them secured in a high security vault on your behalf.

These funds follow the live market price of the metal. The most interesting part of this fund is that you can sell them instantly during the market hours and get your money back.

Different Types of Metal Funds

Gold ETFs: There is only one metal in this fund and that is pure gold. This fund is one of the most stable choices for protecting your money even during rising prices situation (inflation).
Silver ETFs: This fund invests in silver, prices in Silver move much faster than gold, giving an option for higher returns.
Platinum ETFs: This fund gives investors a chance to invest in Platinum and is a kind of metal that is used in new car technologies and clean energy missions.
Multi-Metal Baskets: These funds behave like a pool where you get gold, silver, and other metals under one single fund, giving you an option to invest in multiple funds at once.

Some of the Best Performing Precious Metals ETFs in 2026

1. Nippon India Silver ETF

This is one of the most famous silver funds in the Indian market and the most important advantage that an investor gets is that it can be easily bought and sold on the NSE and BSE making it very easy to liquidate your investments.

Metal Focus	Expense Ratio (%)	1-Year Return (%)	3-Year Return (%)
Silver	0.56	169.32	272.29

2. Nippon India ETF Gold BeES

Nippon India ETF Gold BeES is one of the first gold ETF in India and remains on the top amongst the gold etf funds. A large number of people trust and rely on this fund for digitally investing in gold.

Metal Focus: In this you get the access to possess physical Gold.
Performance (2026): In this investors get a 75.05% return during the past year.
Expense Ratio: 0.80%.
Liquidity: Investors get a very high liquidity, making it as good as money in your account.

Metal Focus	Expense Ratio (%)	1-Year Return (%)	3-Year Return (%)
Gold	0.80	80.35	164.30

3. ICICI Prudential Gold ETF

ICICI Prudential Gold ETF is the top choice for people who are looking for accuracy in the gold efts. It makes sure the prices are very close to the real market price of gold.

Metal Focus	Expense Ratio (%)	1-Year Return (%)	3-Year Return (%)
Gold	0.50	80.88	166.18

4. SBI Gold ETF

SBI Gold ETF fund is backed by the largest bank of India and so many new investors have also joined this fund in the starting of 2026.

Metal Focus	Expense Ratio (%)	1-Year Return (%)	3-Year Return (%)
Gold	0.70	80.46	163.84

5. HDFC Silver ETF

HDFC is one of the trusted brands in the Indian banking sector. The silver ETFs are known for their high silver storage standards.

Metal Focus	Expense Ratio (%)	1-Year Return (%)	3-Year Return (%)
Silver	0.45	172.59	281.63

6. Edelweiss Gold ETF

This fund is managed by Edelweiss Asset Management, a well-known player in India’s Asset Management Industry. It has attracted investors looking for a structured and exchange-traded way to gain exposure to gold without dealing with storage or purity concerns.

Metal Focus	Expense Ratio (%)	1-Year Return (%)	3-Year Return (%)
Gold	0.41	78.23	140.15

Read Also: Best Commodity ETFs in India

Key Indicators of Best Precious Metal ETFs in India (KPI)

ETF Name	Current Market Price (INR)	AUM (INR Cr.)	52 Week Low (INR)	52 Week High (INR)
Nippon India Silver ETF	245.45	44,491	77.55	360
Nippon India Gold ETF	128.35	59007	65.85	148.14
ICICI Prudential Gold ETF	132.88	25475	69.71	158
SBI Gold ETF	132.33	24567	64.96	153.95
HDFC Silver ETF	245.55	10690	85.67	359
Edelweiss Gold ETF	155.30	1704	85	184.95

(as on 12th February, 2026)

Market Outlook for 2026

The metals market in 2026 is going through a reset as we all have witnessed a very fast price rise during the end of 2025 and now we are witnessing the price settling down.

The recent news has changed the market as the U.S. Federal Reserve leadership has been changed. Investors are seeing this as this might help in fighting with inflation more strongly. This has helped the U.S to gain dollar value which if affecting the gold prices to go down.

The RBI has also kept a close eye on gold and silver prices, as India imports most of its metals and a weaker rupee is making gold even more expensive for the Indian traders. Thus holding gold helps in protecting the “purchasing power” of an entity.

Read Also: Best Index ETFs in India

Conclusion

The current year has reaffirmed that holding precious metals is still the best method to keep money safe. Choosing either the stability of gold or the rising potential of silver, ETFs still remain the easiest and modern way to start. By opting for ETFs, the risk of physical storage is avoided and wealth grows confidently.

For more market news and insights, download Pocketful – offering users zero brokerage on delivery trades and an easy to use platform designed for both beginners and experienced investors.

S.NO.	Check Out These Interesting Posts You Might Enjoy!
1	Small-Cap ETFs to Invest in India
2	Best Energy ETFs in India
3	Best Silver ETFs in India
4	List of Best Gold ETFs in India
5	Best Debt ETFs to Invest in India
6	Top Nifty Metal ETFs in India

Frequently Asked Questions (FAQs)

Do I need a special account to invest in metal efts?
Yes, Investors require a Demat and trading account to invest in metal etfs and you can do this easily by opening advance investing platforms like Pocketful.
Is investing in ETFs better than buying physical gold?
Mostly yes as with ETFs extra cost like making charges or GST are not added, you directly invest from your bank account.
What is an “Expense Ratio”?
It is a small yearly charge (usually less than 1%) that is charged by the fund manager in exchange for managing your metal and securing your investments.
Why did gold prices started to dip in 2 month of 2026?
The new chief of the U.S.Federal Reserve has been appointed and many investors have sold to grab their profits.
How much tax is levied on these transactions?
As per 2024 budget rules, if ETFs are held for more than a year you would have to pay 12.5% tax on the profits you get and if you sell it within a year the profit added is taxed as per your regular income tax slab.

February 17, 2026

How to Buy MCX Gold in India 2026?

Gold has always been considered a safe investment, but now people are taking advantage not only through jewelry but also through trading. Today, many investors buy MCX Gold and trade in gold futures. Currently, the price of MCX Gold (Mega contract) is hovering around ₹1,57,460, and it has also touched record highs in recent months. Consequently, MCX Gold trading remains a hot spot for both new and experienced traders. In this blog, we’ll explain the entire process in simple terms.

What Is MCX Gold?

MCX Gold is a standardized gold futures contract that trades on India’s commodity exchange – Multi Commodity Exchange of India (MCX). In this, you don’t buy physical gold and take it home, but trade on the future price of gold. This means you can buy or sell at today’s price for a specified contract month and book profit or loss if the price changes later. Most retail traders trade MCX Gold to earn from price movement and close their positions before expiry. While hedgers (like jewelers or businesses) can also take actual gold through the delivery process if they wish. In simple words, MCX Gold is more of a trading and hedging tool than an investment.

MCX Gold vs Other Gold Options

Option	Is real gold available?	Investment Method	Better for whom
Physical Gold	Yes	full payment purchase	long term
Gold ETF	Yes (indirect)	from the stock market	Investors
Digital Gold	Yes	online platform	Small investors
MCX Gold Futures	Usually not	Trade by paying margin	Traders/Hedgers

Types of Gold Contracts Available on MCX

Gold futures contracts in India are available in a variety of sizes on the Multi Commodity Exchange of India (MCX), allowing everyone from established traders to small beginners to trade. Prices are quoted on MCX at ₹ per 10 grams so a ₹1 move in price results in varying profit/loss per contract, depending on the lot size.

MCX Gold Contracts Lot Size and Price Move Value

Contract Name	Lot Size	Tick Size	P/L on ₹1 Move
Gold (Big)	1 kg (1000g)	₹1 / 10g	₹100
Gold Mini	100 grams	₹1 / 10g	₹10
Gold Guinea	8 grams	₹1 / 10g	₹1
Gold Ten	10 grams	₹1 / 10g	₹1
Gold Petal	1 gram	₹1 / 1g	₹ 1

How P/L works in MCX Gold

Gold (1 kg) : 1000 ÷ 10 × ₹1 = ₹100 per tick

Meaning: If the price of gold goes up by ₹1, there is a profit of ₹100 on 1 lot.

Gold Mini (100g) : 100 ÷ 10 × ₹1 = ₹10 per tick
Gold Ten (10g) : 10 ÷ 10 × ₹1 = ₹1 per tick
Gold Guinea (8g) : 8 ÷ 10 × ₹1 = ₹0.8 = ₹1
Gold Petal (1g) : The base quote is per 1g, so ₹1 move = ₹1 P/L

Requirements Before You Buy MCX Gold

A Commodity Trading Account is Required : To trade gold futures on MCX, you must have a commodity trading account. It is not possible to purchase MCX Gold with just an equity trading account.
MCX Segment Activation with a Broker : Commodity segments need to be activated separately. If you want a quick and simple setup, you can open an MCX account with Pocketful and start commodity trading straight away.
Margin Money Required : When you buy MCX Gold, you must provide margin for that contract before trading. This is a kind of upfront deposit that you make with your broker to enable you to take a position. MCX itself doesn’t provide a fixed margin; instead, the margin requirement can change daily according to the SPAN + Exposure margin system.

Step-by-Step: How to Buy MCX Gold

Step 1 : Activate the Commodity Segment

Before trading MCX Gold, activate the commodity segment in your broker account like Pocketful. Without activation, MCX orders will not be placed.

Step 2 – Add Margin Funds

Add funds to the broker commodity ledger. Futures trades are done on margin, so the required margin balance is essential.

Step 3 – Choose the Right Gold Contract

Search for Gold, Gold Mini, Gold Ten, Gold Guinea, or Gold Petal contracts on the platform. Choose a lot size based on your capital and risk appetite.

Step 4 – Select the Expiry Month

Each MCX Gold contract has a different expiry date. Choose the contract with the expiry month for which you want to place the trade.

Step 5 – Check Margin and Lot Size

Re-verify the margin requirement and lot size before placing an order. This determines the actual exposure.

Step 6 – Place a Buy Order

Select an order type :

Market order : Immediate execution
Limit order : Execution at your price

Step 7 – Place a Stop-Loss immediately

Set a stop-loss as soon as the order is executed. Risk control is crucial in futures trading.

Step 8 – Monitor MTM and Margin

Daily MTM (mark-to-market) adjustments occur while the position is open. Always check to ensure there is no margin shortfall.

Step 9 – Exit or Rollover before Expiry

If you don’t want to take delivery, square off the position before expiry or rollover it to the next month’s contract.

Charges, Taxes & Costs in MCX Gold Trading

Charge Type	how does it feel	Typical Rate / Rule
Brokerage	Per order / per lot	Depends on the broker
Transaction Charges (MCX)	on turnover	0.002% – 0.004% range
GST	Brokerage + txn + SEBI fees	18%
CTT (Commodity Transaction Tax)	On Sell side turnover	0.1% (futures gold)
SEBI Turnover Fees	on turnover	0.0001%
Stamp Duty	On Buy Side Turnover	0.002% (state rule based)
Other Fees	Call & trade / platform	Broker specific

Risk Management Rules for MCX Gold Traders

Keep the position size small : Don’t use your entire capital on every trade. Choose a lot size so that one wrong trade doesn’t have a significant impact on your account.
Always set a stop-loss : Price movements in MCX Gold are rapid. Set a stop-loss with or immediately after placing an order to avoid futures trades without a stop-loss.
Don’t blindly average out a losing trade : Averaging down by repeatedly buying and selling in a falling market increases futures risk. Change your setup first, then make a decision.
Maintain a Margin Buffer : Don’t trade only with the minimum margin. Keep an extra balance to avoid margin calls during volatility.
Avoid overtrading : There’s no need to trade on every small move. Limited, planned trades are safer.
Maintain a Trade Journal : Write down the reason, entry, exit, and result of each trade. This helps you spot mistakes quickly.
Use alerts, not emotions : Set price alerts and level alerts. Avoid trading in panic or excitement.

Common Mistakes Beginners Make When They Buy MCX Gold

Trading Without Understanding Lot Size : Many beginners place orders without checking the lot size of the contract. MCX Gold lot sizes can be large, increasing the risk.
Ignoring the Expiry Date : Every MCX Gold contract has an expiry date. Volatility and delivery rules may apply as expiry approaches so check the expiry date in advance.
Not Setting a Stop-Loss : Trading futures without a stop-loss is risky. Gold moves quickly, and losses can mount quickly.
Using Excessive Leverage : Taking on large positions due to low margins is a common mistake. Leverage increases profits, but also increases losses rapidly.
Choosing a Low Liquidity Contract : Very small or infrequently traded contracts have high spreads. Entry and exit can be difficult.
Not checking margin status : If there is a margin shortfall in an open position, the broker may square it off. Regularly monitoring margin levels is essential.

Conclusion

Trading MCX Gold can be a great opportunity, but it’s important to approach it wisely and with proper preparation. Begin trading only after clearly understanding account setup, contract selection, margins, charges, and risk rules. Start with small lots and practice discipline. Buying MCX Gold with the right broker and the right process is both easy and structured. Continue learning, not rushing; planning is essential.

Trade MCX Gold Futures on Pocketful — an easy-to-use platform with advanced F&O tools and powerful charts for smarter trading decisions.

Gold Rate in Top Cities of India	Silver Rate in Top Cities of India
Gold rate in Kerala	Silver rate in Kerala
Gold rate in Kolkata	Silver rate in Kolkata
Gold rate in Lucknow	Silver rate in Lucknow
Gold rate in Madurai	Silver rate in Madurai
Gold rate in Mangalore	Silver rate in Mangalore
Gold rate in Mumbai	Silver rate in Mumbai
Gold rate in Mysore	Silver rate in Mysore
Gold rate in Nagpur	Silver rate in Nagpur
Gold rate in Nashik	Silver rate in Nashik

Frequently Asked Questions (FAQs)

What is MCX Gold?
MCX Gold means trading gold futures contracts on the exchange – physical gold is not required.
Can I buy MCX Gold with a normal trading account?
No, the commodity segment must be active.
Is MCX Gold good for beginners?
Yes, but start with a small lot and a stop-loss.
How much money is needed to buy MCX Gold?
Not the full price only the margin is required, which depends on the contract.

February 16, 2026

Policy Announcements under Viksit Bharat FY 2026-27

India is on a journey towards becoming a developed country by 2047. And the recent policy announcement by the Finance Minister under Viksit Bharat 2047 sets a clear roadmap for it.

In today’s blog post, we will give you details of the policy announcement under Viksit Bharat for FY 2026 and 2027.

What is Viksit Bharat 2047?

Viksit Bharat 2047 is a long-term Government of India project to make India a developed nation by the year 2047, on the occasion of 100 years of Indian independence. Viksit Bharat 2047 consists of three words, where Viksit refers to developed nations, Bharat refers to India, and 2047 refers to the 100 years of Independence. This will turn India into a 30 trillion dollar economy.

Pillars of the Budget

The government’s three pillars of the budget include the following:

1. Growth Acceleration: The objective is to increase the growth of the economy by increasing production, for which a huge amount of budget is allocated to develop infrastructure, railways, etc.

2. Capability Building: The government is focusing on developing the capabilities of people, industries, and MSMEs by establishing a new textile park and skill development courses.

3. Medical Access:The government has decided to make cancer medicines affordable and ensure that the cost-effective treatments are accessible for every region and segment of society.

Category	Key Policy Announcements (Budget 2026–27)
Macroeconomic and Fiscal	Capital Expenditure increased to ₹12.2 lakh crore for FY27Fiscal deficit targeted at 4.3% of GDPContinued focus on fiscal discipline and public investment
Infrastructure and Connectivity	Seven High-Speed Rail Corridors announcedDedicated freight corridors and 20 new National Waterways operationalisedInfrastructure Risk Guarantee Fund
Manufacturing and Industry	India Semiconductor Mission (ISM 2.0) launchedBioPharma SHAKTI – ₹10,000 CrElectronics Components, Container Manufacturing and Chemical ParksRare Earth Corridors and high-tech inputs focusRevival of 200 legacy industrial clusters
MSMEs and Enterprise Support	₹10,000 Cr SME Growth Fund₹2,000 Cr top-up to Self-Reliant India FundMandatory TReDS onboarding for CPSEsRemoved ₹10 lakh export value cap on courier exports
Tax and Compliance Reforms	New Income Tax Act, 2025 (from April 1, 2026)Extended ITR deadlines and tax filing reformsReduced TCS on overseas tours, education and medical remittances to 2%Tax holiday for cloud and IT services till 2047Increase in STT on derivatives
Agriculture and Rural Development	Launched Bharat-VISTAAR digital advisory platform for farmersSupport for high‐value crops and livestock value chains
Healthcare and Human Capital	Expanded healthcare hubs and training of 1.5 lakh caregiversNew regional hubs for medical value tourismThree new All India Institutes of Ayurveda
Education and Skills	AVGC Content Creator Labs in 15,000 schools & 500 collegesGirl’s hostels in every district and education infrastructure
Urban and Regional Development	City Economic Regions (CER) focus with dedicated funding
Digital and Services Economy	High-powered committee for services sector growthCloud and data centre incentives

Budget 2026 – Key Policy Announcement

The policy announcement in the Budget 2026 under the Viksit Bharat framework is as follows:

1. Capex

The government has raised the capital expenditure budget of INR 12.2 Lakh crore in the following FY 2026-27. This has been shifted to concentrate on the development of infrastructure, which includes transport and logistics. The government is focusing on Tier-II and Tier-III city development and a city economic region was launched with a provision of 5000 Crore per region for the next 5 years.

2. Connectivity

The government has suggested seven high-speed railway networks, and another INR 10,000 crore of manufacturing shipping containers, which are to be developed domestically. Such efforts will improve transport and employment.

3. Manufacturing of Semiconductors and Electronics

An additional 40,000 crore INR has been allotted to increase the supply chain and manufacturing of semiconductors under Electronics Components Manufacturing Scheme (ECMS).

4. Rare Earth Metals

The government is setting up dedicated corridors to promote the mining, processing, and extraction of rare earth metals, to reduce dependency on imports for the components used in EV and the defence sector.

5. BioPharma

An initiative has been adopted by the government through a budget of 10,000 crore INR to promote India as a global hub for biologics and biosimilars. It includes the enhancement of research and manufacturing facilities.

6. Small and Medium Enterprises Growth

A 10,000 crore INR fund has been set up to promote self-reliant India Fund with an objective to boost the scale and export of smaller enterprises.

7. Healthcare Sector

This budget speech has announced relief for cancer patients, stating that 17 cancer medicines will be exempt from basic customs duty. This will directly reduce the price of medicines and make them affordable for cancer patients. The government will also expand the network of district hospitals and Trauma care centres.

8. Carbon Capture

A 20,000 crore INR fund has been allocated for carbon capture in order to accelerate India’s green transition.

9. Textile Sector

The Finance Minister has announced setting up mega textile plants in order to strengthen the textile sector. The Mahatma Gandhi Swaraj initiative was also announced to provide training and skill development for Khadi and handloom artists.

10. New Income Tax Act

From April 2026, a new Income Tax bill will be implemented, which will simplify tax structures, forms and make compliances easy for individuals and businesses.

Conclusion

On a concluding note, in the recent budget announcement, the Finance Minister of India has proposed some of the steps towards realising Viksit Bharat 2047. Her main priorities are the development of infrastructure, the empowerment of the digital realm, and the growth of the manufacturing industry. These not only increase productivity but also increase job creation. Thus, this policy framework is a sign that we are heading the right way in realising the India 2047 vision. To invest in the Indian growth story, you can start investing now by asking your investment advisor.

S.NO.	Check Out These Interesting Posts You Might Enjoy!
1	Union Budget 2026 Highlights: Key Announcements, Tax, Capex & Sectors
2	Union Budget 2026 Expectations: Tax Relief, Sector Boosts & Market Impact
3	Fiscal Deficit Explained: Meaning, Formula, Causes & Impact \| Budget 2026–27
4	Government Bonds India – Types, Advantages, and Disadvantages of Government Bonds
5	Best Gold Investment Schemes in India
6	Union Budget 2026: Full list of Government schemes

Frequently Asked Questions (FAQs)

What is Viksit Bharat 2047?
Viksit Bharat 2047 is a government of India program to make India a developed country by 2047, which will be the 100th year of independence.
What are the key areas of concern in the policy announcement in FY 2026-27?
The areas that the government aims to improve through the policy announcements are infrastructure, manufacturing, MSMEs, agriculture, etc.
Where can one find the official details of Viksit Bharat FY 2026-27 policy announcement?
The official document of Viksit Bharat 2047 can be found in the Union Budget document, released by the Ministry of Finance.
What is the capital expenditure for FY 2026-27?
The government of India has allocated a total capital expenditure of INR 12.2 Lakh crores.
How much has the government allocated to semi-conductor and electronic manufacturing sector?
The government has allocated a total of INR 40,000 crore to support the manufacturing of semiconductors and electronic goods.

February 15, 2026

Why Are Copper Share Prices Rising in 2026?

Copper prices have moved headline material. In recent months, copper has surged to multi-year highs. Naturally, shares of copper mining and refining companies have followed.

But this is not just another commodity rally driven by hype or short-term speculation. The reasons copper shares are rising are long-term structural demand, short-term supply stress, and financial market behaviour.

To understand what is happening and whether it’s sustainable, we need to look beyond price charts.

Copper as a Metal

In terms of global metal consumption, copper ranks third. Copper is the most effective non-precious metal conductor of electricity. It is also strong, flexible and corrosion resistant, which makes it safe to use in electrical wiring in homes, offices and in major infrastructure projects. More than 25 countries are currently producing copper.

1. Increasing Industrial Demand

Think about how your own electricity use has changed. You charge more devices than you did five years ago. Offices are filled with servers. Cities are upgrading grids. Electric cars are increasing day by day. All of that runs on copper.

Copper is essential for;

Electric vehicles and charging infrastructure
Renewable energy projects like solar and wind
Power transmission and grid expansion
Data centres, cloud computing, and AI infrastructure

An electric car, on average, consumes three to four times more copper than a conventional petrol car. Added to that, government EV goals, renewable energy commitments, and the explosion of data consumption will make investors realise that copper demand is less cyclical and more structural.

That is why analysts do not speak about copper as another industrial metal anymore. It is becoming an important part of the world energy transition.

2. Production Under Pressure

On paper, high prices should bring in more supply, but mining does not work that way in reality.

It may require nearly 10-15 years to develop a new copper mine. The whole process is slowed down by environmental approvals, land acquisition, funding, and political negotiations. Even the current mines are grappling with poor quality of ore, rising costs, and interruptions in operations.

Recently, several large copper producers have

Missed production targets
Cut future output guidance
Faced labour issues, weather disruptions, or regulatory hurdles

In a market already expecting higher demand, even small disruptions matter.

3. Paying for Scarcity

Copper does not trade only in warehouses. It also trades in financial markets, futures, ETFs, and institutional portfolios.

Once prices crossed key technical levels, traders jumped in. Funds that track commodities increased exposure. Traders who thought inflation would rise or the dollar would fall continued making predictions. This does not drive fake demand, but it does make price changes more substantial, especially when physical supply is tight

There is also a behaviour shift among manufacturers. When prices rise and supply feels uncertain, companies often stockpile copper to avoid future shortages. That adds another layer of demand, even if end-use consumption has not changed overnight.

This mix of real demand and financial momentum is why copper prices have moved faster.

4. AI, Data Centres and Digital infrastructure are Copper-Intensive.

The chatbot, search query, or video stream, behind all this, is a data centre full of servers, massive cooling towers, transformers and kilometres of wiring, and most of that is normally composed of copper.

With the increasing use of cloud computing and AI infrastructure around the globe, the jump in power demand is not linear with the infrastructure; it is exponential. Data centres require unlimited power, backup systems and thick wiring to ensure that everything is in operation. Even minor upgrades consume a greater amount of copper.

After creating a data centre, no one destroys it; it continues to operate, is expanded and commonly duplicated elsewhere. This is why markets are reanalysing copper demand.

Why do Copper Company Shares react so strongly?

When copper prices rise, mining stocks generally move even faster. Higher copper prices mean,

Better profit margins
Stronger cash flows
Improved balance sheets
Greater ability to fund expansion or reduce debt

However, not all copper companies benefit equally.

A low-cost producer with stable operations benefits far more than a highly leveraged copper miner facing operational challenges.

Some companies decided in advance the price at which they would sell their copper in the future.
So even if copper prices are very high today, those companies cannot sell at today’s high price. They must sell at the old, lower price they already agreed on, and they do not fully benefit from the price rise (rally).

This is why copper stock rallies often look uneven. Some stocks surge. Others lag. The metal price may be the headline, but company quality decides the outcome.

Is the Ongoing Copper Rally Sustainable?

The long-term scenario for copper remains strong. Electrification, renewable energy, EVs, and digital infrastructure are not trends that reverse easily. Supply constraints are real and slow to resolve.

However, short-term prices have been pushed higher by momentum and speculative flows.

Copper prices could drop, even if the long-term story remains the same, if global growth slows, the dollar strengthens, or supply problems are resolved.

This means investors should avoid treating copper stocks as “easy winners.” Cycles still exist. Corrections are part of commodity markets.

Current Market Scenario

Copper prices have surged to record highs, and this is not a minor move. Prices have increased more than 20% since the beginning of 2025, and this is mostly due to a lack of copper to meet the increasing demand.

The point is that this deficit does not appear to be a short-term problem. The global market can be experiencing a supply and demand gap even in 2026.

According to estimates, there is a lack of approximately 330,000 tonnes, which implies that the pressure on prices may persist.

JP Morgan, for instance, expects copper prices to reach about $12,500 per tonne by mid-2026, which is INR 1,080* per kg in India. In simple terms, they believe copper is likely to remain expensive, not just rise and crash.

$1 = INR 90.62

$12,500 = INR 90.62 * $12, 500

= INR 10,87,479 per tonne.

= INR 10,87, 479 / 1000

= INR 1,087 per/kg.

As of 10th Feb, 2026, copper futures with expiry of 27 Feb, 2026, is trading at INR 1,242 per kg on MCX.

Conclusion

The rise in copper prices is not simply due to inflation or speculation. It shows that people are considering the importance of the metal in various industries. That does not imply that prices are going to increase from here. However, this means that markets probably won’t stop paying attention to copper anytime soon.Investors can make money not only by following the metal, but also by figuring out which companies are most capable of navigating market cycles, keeping costs low, and taking advantage of long-term demand.

Invest in top Copper Company Stocks with Pocketful – enjoy Zero Brokerage on Stocks & ETFs and trade smarter with Advanced F&O Tools

S.NO.	Check Out These Interesting Posts You Might Enjoy!
1	Why Are Silver Prices Rising in India?
2	Why Gold Prices Hit ₹1,80,000 – Key Reasons
3	10 Key Factors Affecting the Indian Stock Market Explained
4	Why Are Gold Prices Rising in India?
5	Why Share Market is Down Today? Reasons Behind Stock Market Fall
6	Will the Gold Rate Decrease in the Coming Days in India 2026?
7	Why Is the Gold Price Going Down?
8	How Does the Stock Market Work in India?
9	What is a Long Build Up in the Share Market?
10	Are Indian Stock Markets Overvalued?
11	Why Are Steel Share Prices Increasing in India?

Frequently Asked Questions (FAQs)

Why are copper share prices rising right now?
Copper shares are moving up because demand is rising faster than supply. When that gap increases, prices tend to react quickly.
Why are miners not able to produce more copper?
Mining is slow and complex. New copper mines take 10-15 years to get approved, built, and operational. Even existing mines struggle with lower ore quality and operational issues. So supply remains difficult even when prices rise.
Why is China so important for copper demand?
China consumes more copper than any other country. Even small policy shifts in China can move global copper prices.
How does a weak US dollar affect copper prices?
Since copper is priced in US dollars, a weaker dollar makes it cheaper for global buyers. This often boosts demand and attracts investors to commodities as a hedge against currency weakness.
Is copper a good long-term investment theme?
Copper is increasingly seen as a long-term investment. That said, prices will remain volatile.

February 14, 2026

Best Banking ETFs in India 2026

In India, the banking sector covers a significant portion of the stock market, and its weightage in the index is expected to remain among the highest sectors in 2026. This is why Banking ETFs have become an easy way for investors to gain exposure to multiple large banks with a single investment. India’s ETF market has already crossed ₹10 lakh crore. In this blog, we will explore the 2026 bank ETF list, the best bank ETFs in India, and PSU bank ETF options in a simple and easy-to-understand manner.

What Is a Banking ETF and How Does It Work?

A Banking ETF (Exchange Traded Fund) is an investment instrument that pools together shares of companies directly involved in the banking sector and sells them as units that trade on a stock exchange. This means you can gain exposure to multiple banks such as SBI, HDFC Bank, and ICICI Bank with a single investment, without having to buy each share individually.

How is this different from individual stocks?

When you buy the stock of a single bank, your risk depends solely on that company’s performance. However, a banking ETF includes many large banks in the banking sector, so the risk is spread out, and the portfolio becomes more diversified.

List of Banking ETFs in India 2026

Nippon India ETF Nifty Bank BeES
Kotak Nifty Bank ETF
SBI ETF Nifty Bank
UTI Nifty Bank ETF
Nippon India ETF Nifty PSU Bank BeES
ICICI Prudential Nifty Private Bank ETF
ICICI Prudential Nifty Bank ETF
Aditya Birla Sun Life Nifty Bank ETF
HDFC Nifty Banking ETF
Kotak Nifty PSU Bank ETF

1. Nippon India ETF Bank BeES

The Nippon India ETF Nifty Bank BeES is a sector-based ETF that tracks the Nifty Bank Index, providing investors with diversified exposure to India’s leading banks. This ETF is ideal for those who want to invest in the entire banking sector rather than selecting individual bank stocks. It boasts low costs and a strong AUM, ensuring good liquidity. With major names like HDFC Bank, ICICI Bank, and SBI included, it is considered a representative ETF for the banking sector.

Nippon India ETF Data Table :

Metric	Data
ETF Name	Nippon India ETF Nifty Bank BeES
Ticker	BANKBEES
Fund House	Nippon India Mutual Fund
Current Price	₹617.80
52 Week Low	₹490.00
52 Week High	₹637.13
Expense Ratio	0.19%
Avg. PE Ratio	16.72
Avg. PB Ratio	2.02
AUM	₹8,006.89 Cr
Exchange Listing	NSE & BSE
Benchmark	Nifty Bank Index

(Data as of 6 Feb,2026)

2. Kotak Nifty Bank ETF

The Kotak Nifty Bank ETF is a banking sector ETF that tracks the Nifty Bank Index, offering investors exposure to a diversified portfolio of leading Indian banking stocks. This fund is suitable for investors seeking low-cost, diversified exposure to the banking sector. It boasts a low expense ratio and a strong AUM, ensuring good trading liquidity. With major banks like HDFC Bank, ICICI Bank, SBI, and Kotak Bank included in its portfolio, it’s a practical option for sector-based allocation.

Kotak Nifty Bank ETF Data Table :

Metric	Data
ETF Name	Kotak Nifty Bank ETF
Fund House	Kotak Mahindra Mutual Fund
Current Price	617.74
52 Week Low	₹490.15
52 Week High	₹651.60
Expense Ratio	0.15%
Avg. PE Ratio	16.72
Avg. PB Ratio	2.02
AUM	6,566.39
Exchange Listing	NSE
Benchmark	Nifty Bank Index

(Data as of 6 Feb,2026)

3. SBI ETF Nifty Bank

SBI ETF Nifty Bank is a sector-based exchange-traded fund that replicates the Nifty Bank Index. The fund’s portfolio is constructed according to the index composition, and therefore includes leading banking stocks in the country such as HDFC Bank, ICICI Bank, State Bank of India, and Axis Bank. This fund has been active in the market for a considerable time and is known for closely mirroring the movements of the banking index. The units are traded on the stock exchange, and the portfolio holdings are updated in line with index rebalancing.

SBI ETF Nifty Bank Data Table :

Metric	Data
ETF Name	SBI ETF Nifty Bank
Fund House	SBI Mutual Fund
Current Price	612.17
52 Week Low	465.64
52 Week High	625.74
Expense Ratio	0.19%
Avg. PE Ratio	16.72
Avg. PB Ratio	2.02
AUM	4,059.55
Exchange Listing	NSE
Benchmark	Nifty Bank Index

(Data as of 6 Feb,2026)

4. UTI Nifty Bank ETF

The UTI Nifty Bank ETF is an exchange-traded fund launched by UTI Mutual Fund that directly tracks the Nifty Bank Index. Its portfolio is constructed according to the index structure, and therefore includes both large private and public sector banks, such as HDFC Bank, ICICI Bank, SBI, and Kotak Mahindra Bank. The ETF’s holdings are adjusted periodically in line with index rebalancing. This fund is traded on the NSE and is designed to closely reflect the movements of the banking index.

UTI Nifty Bank ETF Data Table :

Metric	Data
ETF Name	UTI Nifty Bank ETF
Fund House	UTI Mutual Fund
Current Price	₹61.62
52 Week Low	₹48.71
52 Week High	₹63.38
Expense Ratio	0.18%
Avg. PE Ratio	16.72
Avg. PB Ratio	2.02
AUM	3,977.66
Exchange Listing	NSE
Benchmark	Nifty Bank Index

(Data as of 6 Feb,2026)

5. Nippon India ETF Nifty PSU Bank BeES

The Nippon India ETF Nifty PSU Bank BeES is a sector ETF that tracks the Nifty PSU Bank Index, and its portfolio is entirely based on public sector banks. According to the index composition, it includes government-owned banks such as SBI, Bank of Baroda, Canara Bank, Punjab National Bank, and Union Bank. The fund’s holdings are maintained according to the index weights and are updated during rebalancing. The ETF is traded on the stock exchange and is structured to mirror the index movement of the PSU banking segment.

Nippon India ETF Nifty PSU Bank BeES Data Table :

Metric	Data
ETF Name	Nippon India ETF Nifty PSU Bank BeES
Fund House	Nippon India Mutual Fund
Current Price	98.01
52 Week Low	61.54
52 Week High	102.28
Expense Ratio	0.49%
Avg. PE Ratio	8.74
Avg. PB Ratio	1.26
AUM	3,935.24
Exchange Listing	NSE
Benchmark	Nifty PSU Bank Index

(Data as of 6 Feb,2026)

6. ICICI Prudential Nifty Private Bank ETF

The ICICI Prudential Nifty Private Bank ETF is a thematic banking ETF that tracks the Nifty Private Bank Index. Its portfolio focuses exclusively on private sector banks and is constructed according to the index weights. Holdings include HDFC Bank, ICICI Bank, Axis Bank, Kotak Mahindra Bank, and other private banks. The fund’s composition is updated with index rebalancing to maintain tracking alignment. The ETF is traded on the exchange and is structured to reflect the index performance of the private banking segment.

ICICI Prudential Nifty Private Bank ETF Data Table :

Metric	Data
ETF Name	ICICI Prudential Nifty Private Bank ETF
Fund House	ICICI Prudential Mutual Fund
Current Price	29.04
52 Week Low	23.87
52 Week High	30.03
Expense Ratio	0.15%
Avg. PE Ratio	20.49
Avg. PB Ratio	2.16
AUM	3,379.40
Exchange Listing	NSE
Benchmark	Nifty Private Bank Index

(Data as of 6 Feb,2026)

7. ICICI Prudential Nifty Bank ETF

The ICICI Prudential Nifty Bank ETF is an index-based banking ETF that tracks the performance of the Nifty Bank Index. Its portfolio is constructed according to the index weightage, and therefore includes large-cap and actively traded banking stocks such as HDFC Bank, ICICI Bank, SBI, Axis Bank, and Kotak Mahindra Bank. The fund was launched in 2019 and has been trading regularly on the exchange since then. Holdings and weights are adjusted periodically according to index rebalancing to maintain consistent index tracking.

ICICI Prudential Nifty Bank ETF Data Table :

Metric	Data
ETF Name	ICICI Prudential Nifty Bank ETF
Fund House	ICICI Prudential Mutual Fund
Current Price	₹61.23
52 Week Low	47.55
52 Week High	63.19
Expense Ratio	0.15%
Avg. PE Ratio	16.72
Avg. PB Ratio	2.02
AUM	3,222.56
Exchange Listing	NSE
Benchmark	Nifty Bank Index

(Data as of 6 Feb,2026)

8. ICICI Prudential Nifty Bank ETF

ICICI Prudential Nifty Bank ETF Data Table :

Metric	Data
ETF Name	Aditya Birla Sun Life Nifty Bank ETF
Fund House	Aditya Birla Sun Life Mutual Fund
Current Price	₹61.13
52 Week Low	₹47.55
52 Week High	₹63.26
Expense Ratio	0.14%
Avg. PE Ratio	16.72
Avg. PB Ratio	2.02
AUM	₹2,864.72 Cr
Exchange Listing	NSE
Benchmark	Nifty Bank Index

(Data as of 6 Feb,2026)

9. HDFC Nifty Banking ETF

The HDFC Nifty Banking ETF is an exchange-traded fund launched by HDFC Mutual Fund that tracks the Nifty Bank Index. The ETF’s portfolio is constructed according to the index weights, and therefore includes major banking stocks in India such as HDFC Bank, ICICI Bank, SBI, Axis Bank, and Kotak Mahindra Bank. The fund’s holdings are adjusted periodically in line with index rebalancing. The units are traded on the stock exchange, and the ETF’s structure is designed to closely mirror the movements of the banking index.

HDFC Nifty Banking ETF Data Table :

Metric	Data
ETF Name	HDFC Nifty Banking ETF
Fund House	HDFC Mutual Fund
Current Price	₹61.39
52 Week Low	₹48.51
52 Week High	₹63.63
Expense Ratio	0.16%
Avg. PE Ratio	16.72
Avg. PB Ratio	2.02
AUM	₹2,851.90 Cr
Exchange Listing	NSE
Benchmark	Nifty Bank Index

(Data as of 6 Feb,2026)

10. Kotak Nifty PSU Bank ETF

The Kotak Nifty PSU Bank ETF is a sector-focused exchange-traded fund that tracks the Nifty PSU Bank Index. The ETF’s portfolio consists of shares of public sector banks and is maintained according to the index weightage. Holdings include government-owned banks such as SBI, Bank of Baroda, Canara Bank, Punjab National Bank, and Union Bank. The fund’s composition is updated regularly with index rebalancing to maintain accurate index tracking. ETF units are traded on the stock exchange and reflect the index movement of the PSU banking segment.

Kotak Nifty PSU Bank ETF Data Table :

Metric	Data
ETF Name	Kotak Nifty PSU Bank ETF
Fund House	Kotak Mahindra Mutual Fund
Current Price	₹878.50
52 Week Low	₹552.00
52 Week High	₹914.72
Expense Ratio	0.49%
Avg. PE Ratio	8.74
Avg. PB Ratio	1.26
AUM	2,251.64
Exchange Listing	NSE
Benchmark	Nifty PSU Bank Index

(Data as of 6 Feb,2026)

Read Also: Best Commodity ETFs in India

Risks of Investing in Banking ETFs

Sector Concentration Risk : Banking ETFs track only banking sector stocks. If the entire banking sector weakens due to factors like slow loan growth or rising NPAs the ETF’s value is directly impacted. This presents a higher sector-specific risk compared to diversified index funds.
Drawdown Risk During Credit Stress : When the economy experiences deteriorating credit quality or increased defaults, banking stocks can fall sharply. In such phases, banking ETFs may show greater declines than the broader market.
PSU Bank Policy & Governance Risk : PSU bank ETFs have a higher weighting of government-owned banks. These are more susceptible to policy decisions, recapitalization, mergers, or regulatory changes, which can lead to rapid price movements.
High Beta Volatility : The banking index typically exhibits higher volatility than the overall market. The ETF’s price can fluctuate sharply in response to interest rate changes, RBI policies, and credit cycle news.
Liquidity Risk (in smaller ETFs) : Banking ETFs with low AUM (Assets Under Management) and low trading volume may have wider bid-ask spreads. This increases the difference between the buying and selling prices.
How to Manage Risk : Keep sector ETFs as a limited portion of your portfolio, use staggered buying, and avoid making a very large allocation to a single ETF.

Read Also: Best Index ETFs in India

Conclusion

Banking ETFs offer a straightforward and transparent way to gain index-based exposure to the banking sector in 2026. Bank Nifty, Private Bank, and PSU Bank ETFs represent different sector mixes, so it’s crucial to consider the index type, expense ratio, AUM, and liquidity when making a selection. This tool is useful for sector allocation, but building an entire portfolio solely on banking ETFs is not considered a balanced strategy. Always keep diversification in mind. Invest in Banking ETFs with Pocketful – enjoy zero brokerage on ETFs and stocks, advanced trading tools, and an easy-to-use platform.

S.NO.	Check Out These Interesting Posts You Might Enjoy!
1	Small-Cap ETFs to Invest in India
2	Best Energy ETFs in India
3	Best Silver ETFs in India
4	List of Best Gold ETFs in India
5	Best Debt ETFs to Invest in India
6	Best Bond ETFs in India
7	Top 10 Smart Beta ETFs in India
8	Best Liquid ETFs in India
9	Best ETFs in India to Invest
10	Best Sensex ETFs in India
11	Best Metal ETF to invest in india
12	Best Banking ETFs in India

Frequently Asked Questions (FAQs)

How is a Bank ETF different from a PSU Bank ETF?
A Bank ETF tracks a broad banking index including both private and public sector banks, while a PSU Bank ETF tracks only public sector (government-owned) banks.
How can I buy a Bank ETF in India?
Bank ETFs are bought on the exchange through a demat account, just like shares.
Is a Bank ETF risky?
Yes, Bank ETFs are sector-based, so they are subject to higher volatility.
Does a Bank ETF give dividends?
The dividend of a Bank ETF is usually adjusted in the NAV (Net Asset Value).
What should I check before selecting a Bank ETF?
Before choosing a Bank ETF, check the expense ratio, AUM (Assets Under Management), and trading volume.

February 14, 2026

Why Are Steel Share Prices Increasing in India?

In India, steel sector stocks have been witnessing a continuous surge these days. Major stocks like Tata Steel, JSW Steel, and SAIL have seen strong buying activity, leading investors to wonder why are steel share prices increasing day by day? There are several solid reasons behind this: the government’s increased spending plans on infrastructure, the benefit to domestic companies from safeguard duties on imports, and the projected 8% increase in steel demand by 2026. In this article, we will understand the real reasons behind this surge in simple terms.

The 3-year Safeguard Duty in India and its impact on steel shares.

The Indian government has imposed a three-year safeguard duty on select flat steel products to curb cheap imports. This decision was made after the trade regulator (DGTR) found that rising imports at low prices threatened to harm the domestic steel industry. This duty applies only to imports below a certain threshold price – meaning imports at normal prices will not be subject to this additional levy.

This measure is specifically designed to protect domestic mills from sudden price drops and maintain stability in the market.

Safeguard Duty Structure

Duration	Duty rate	Note
First year	12%	Applicable to selected flat steel imports.
Second year	11.5%	Phased reduction
third year	11%	Staggered structure
Applicable products	HRC, CRC, coated & colour-coated steel	On imports below the threshold price

Which steel products are covered?

Safeguard duties are primarily applied to products that are widely used in the infrastructure, automotive, engineering, and construction sectors.

Hot Rolled Coils(HRC)
Cold Rolled Coils (CRC)
Plates & flat steel products
Metallic coated steel
Colour-coated steel

Why is this a positive sign for steel shares?

Control over cheap imports : Steel imports from China, Vietnam, Korea, and Japan at low prices were putting pressure on the domestic market. The imposition of duties will reduce under-priced imports, improving the competitive position of Indian companies.
Support for domestic prices : With reduced import pressure, domestic mills have the scope to maintain or increase prices. HRC prices have seen an increase of ₹3,000-₹5,000 per ton in recent months this is part of the same trend.
Improved margins and earnings visibility : When the risk of price declines is reduced, companies have greater predictability regarding their realizations and cash flows. The stock market typically prices in such policy-supported stability positively which is why several steel stocks have shown strength recently.

Adjustment in Anti-Dumping Duty – Avoiding Double Levy

The government has also amended the anti-dumping duty framework to prevent the simultaneous imposition of both safeguard duty and anti-dumping duty on the same import.

If a safeguard duty is in effect, the anti-dumping duty will be adjusted by that amount.
This is a WTO-compliant (trade-compliant) approach.
The policy remains clear and stable for investors and companies.

The real prices of steel are going up.

Since the beginning of 2026, the Indian steel market has witnessed a continuous increase in the prices of Hot Rolled Coil (HRC) and other major steel products. Domestic mills have raised prices twice to improve their margins once in December and again in January. Such consistent increases also indicate an improvement in the demand-supply balance in the market. According to industry reports, domestic HRC and CRC prices increased by approximately 4% in January 2026, while products like rebar saw a surge of around 7%. This suggests that the price increase is not merely due to inventory adjustments, but reflects a genuine rise in steel prices.

Steel price benchmarks 2026

Steel products	Current price (approx.)	Note
HRC (India Ex-Y Mumbai)	₹53,800/tonne	According to data from February 3, 2026
CRC (India Ex-Y Mumbai)	₹61,200/tonne	Flat steel rate
HR Plate (India)	₹55,100/tonne	Plate rate
Rebar (Trade Level)	₹54,500/tonne	14% MoM retail price data in January
HRC-Rebar Spread	-₹2,500	Reverse spread signal

India’s steel exports are strong, and this is impacting its stock prices.

Between 2025 and 2026, India’s steel exports have shown significant growth. This is a major reason why “steel share prices are increasing” and why investors are being attracted to the sector.

Duration	Data	Description
April–November 2025	5.77 million tons (YoY +31%)	India recorded a 31% increase in total steel exports during this period largely due to increased buying driven by preparations in the European Union.
CY 2025 (Calendar Year)	8.59 million tons (YoY +4%)	Exports are projected to be up 4% in 2025 with exports gaining momentum again, particularly in the second half of the year.
Export to EU	2.46 million tons (YoY +45% in Apr–Nov)	The European Union influenced forward purchasing, which led to increased deliveries of flat steel products such as HRC and CRC.

CBAM and Europe’s Role

Although the European Union’s Carbon Border Adjustment Mechanism (CBAM) came into effect in 2026 imposing carbon costs on imported steel — European buyers still made advance purchases at the end of 2025 to stock up before the new regulations took effect.

Domestic Demand-Supply Balance Strengthens : When exports increase, domestic market inventory decreases, leading to better utilization of production capacity. This reduces downward pressure on prices and allows companies to command better rates.
Improved Margins and Earnings Confidence : The premium rates received for exports can differ from domestic rates especially in niche markets leading to improved profitability and margins for companies. Investors view this as a positive indicator for future earnings.
India’s Role in Global Balance : As production slowed or policy pressures increased in countries like China and others, India leveraged its manufacturing capacity and export network. This shifted foreign demand towards India, which in turn drives up steel stock prices.

Why is domestic steel demand increasing, and what are the implications?

Domestic Steel Demand Trends (Figures valid for 2025–26)

According to recent industry estimates, steel consumption in India is steadily increasing. A report by the rating agency ICRA indicates that domestic steel demand will grow at a robust rate of approximately 8% in fiscal year 2025–26 (FY26), translating to an additional requirement of around 11–12 million tonnes (MT). This growth is primarily driven by strong activity in the infrastructure, construction, and automobile sectors.

Year	Domestic steel demand growth (%)	Estimated additional demand
FY25/2026	8%	11-12 million tons of additional demand
2025–26	9% (according to other estimates)	Consistently strong industrial use

Homes, infrastructure, and manufacturing are the main consumers.

Infrastructure Development: Strong demand persists due to large government projects such as roads, railways, freight corridors, and metro projects.
Construction and Real Estate : Construction activities are increasing in urban and semi-urban areas, leading to higher demand for thermal, rebar, and structural steel.
Manufacturing and Automobiles : The manufacturing industry and automobile production are experiencing a surge, resulting in robust demand for various steel products such as plates, sheets, and rolls.

Why Steel Shares Price Is Increasing

Import Protection Provides Price Support : The government’s imposition of safeguard duties on flat steel has curbed cheap imports. This is helping domestic companies maintain better pricing and has reduced pressure on margins. This is a direct positive signal for steel stocks.
Mills Implement Consecutive Price Hikes : In recent months, several steel mills have increased prices for HRC and other products multiple times. When companies raise actual product prices, the market interprets this as a sign of improved future revenue.
Export Growth Balances Demand : The recent increase in steel exports has eased pressure on domestic supply. Strong orders from the EU and other markets have led to improved capacity utilization which supports share prices.
Domestic Demand + Capex Cycle : Infrastructure and construction demand remains strong, and companies like SAIL and NMDC are increasing capital expenditure (capex). Increased capex indicates that companies are confident about future demand.

Read Also: Top Steel Penny Stocks in India

Removal or weakening of Safeguard Duty : Currently, steel stocks are receiving significant support from the government’s safeguard duty. If this duty is removed or the rate is reduced in the future, cheaper imports could surge again potentially putting pressure on domestic prices and stock values.
Sharp decline in Global Steel Prices : Steel is a global commodity. If international steel prices fall sharply, Indian mills may also have to lower their rates which could quickly change market sentiment.
Resurgence of Dumping from China : If China or other Asian countries start exporting surplus steel at low prices, it could lead to an oversupply in the Indian market. This would impact both margins and pricing power.
Rapid increase in Domestic Capacity : If new capacity (new plants/blast furnaces) in India comes online faster than expected, the increased supply could put pressure on prices especially in flat steel.
Slowdown in Domestic Demand : Infrastructure and construction demand are currently the basis of the rally. If government capital expenditure or real estate activity slows down, steel consumption could decrease which would be a negative signal for stocks.
Margin Pressure from Raw Material Costs : Rising costs of met coke, iron ore, and energy can squeeze companies’ margins. If final steel prices don’t rise as fast as costs, profit expectations could weaken.

Conclusion

The rally seen in steel stocks is not just short-term enthusiasm. The government’s safeguard duty, rising steel prices, strong export orders, and robust domestic infrastructure demand are all contributing to supporting the sector. However, the steel business is cyclical, so instead of investing blindly, it would be wise to make decisions based on data and quarterly results.

Download Pocketful for smart investing – zero brokerage on delivery, advanced F&O tools, and daily market updates all in one platform.

S.NO.	Check Out These Interesting Posts You Might Enjoy!
1	Why Are Silver Prices Rising in India?
2	Why Gold Prices Hit ₹1,80,000 – Key Reasons
3	10 Key Factors Affecting the Indian Stock Market Explained
4	Why Are Gold Prices Rising in India?
5	Why Share Market is Down Today? Reasons Behind Stock Market Fall
6	Will the Gold Rate Decrease in the Coming Days in India 2026?
7	Why Is the Gold Price Going Down?
8	How Does the Stock Market Work in India?
9	What is a Long Build Up in the Share Market?
10	Are Indian Stock Markets Overvalued?

Frequently Asked Questions (FAQs)

Why are steel share prices increasing in India?
Government safeguard duties, rising steel prices, and strong demand these three factors are supporting the share prices.
Why are steel share prices increasing day by day?
Policy news, price hikes, and continuous buying by investors are creating daily momentum.
Does the safeguard duty benefit steel companies?
Yes, it reduces cheaper imports and allows domestic companies to get better prices.
Do higher steel prices help steel stocks?
In most cases, yes, because it leads to expectations of better earnings for the companies.
Can steel stocks correct from here?
Yes, a decline is possible if global prices or demand weakens.

February 13, 2026

Top 10 Best Books on ETF Investing for Beginners & Experts

ETF has changed the dynamics of the investment world. It offers affordability and gives you the benefit of diversification. But to reduce the chances of error, one must read books on ETF Investing.

In today’s blog post, we will give you an overview of the top 10 best books for ETF investing.

What is ETF Investing?

An ETF, or Exchange Traded Fund, is a type of investment tool that consists of different kinds of assets, such as equities and commodities, and is traded on a stock exchange like any other stock. And to invest in ETFs, one is required to have a demat and trading account.

Top 10 Best Books on ETF Investing

The Bogleheads’ Guide to Investing
A Random Walk Down Wall Street
The Little Book of Common Sense Investing
The ETF Book: All You Need to Know About Exchange-Traded Funds
ETF Investment Strategies: Best Practices from Leading Experts
The Only Guide to a Winning Investment Strategy You’ll Ever Need
Global Asset Allocation
The Ivy Portfolio
ETF Strategies Under Different Market Conditions
Invest with the Fed

Book Name	Author(s)	Year of Publication
The Bogleheads’ Guide to Investing	Taylor Larimore, Mel Lindauer & Michael LeBoeuf	2006
A Random Walk Down Wall Street	Burton G. Malkiel	1973
The Little Book of Common Sense Investing	John C. Bogle	2007
The ETF Book: All You Need to Know About Exchange-Traded Funds	Richard A. Ferri	2007
ETF Investment Strategies: Best Practices from Leading Experts	Aniket Ullal	2013
The Only Guide to a Winning Investment Strategy You’ll Ever Need	Larry E. Swedroe	1998
Global Asset Allocation	Mebane T. Faber	2015
The Ivy Portfolio	Mebane T. Faber & Eric Richardson	2009
ETF Strategies Under Different Market Conditions	Aniket Ullal	2013
Invest with the Fed	Robert R. Johnson, Gerald R. Jensen & Luis Garcia-Feijoo	2015

Overview of the Top 10 Best ETFs Book

1. The Bogleheads’ Guide to Investing by Taylor Larimore, Mel Lindauer & Michael LeBoeuf

The book is based on the investing philosophy of John C. Bogle, the founder of Vanguard. It is about long-term and low-cost investments in index funds and ETFs. The book is written in an uncomplicated and practical manner, explaining asset allocation, risk management, and tax efficiency in a manner that can be easily understood and implemented by ordinary investors.

Why It Is Great: It eliminates market noise and hype and advocates discipline and simplicity. Best suited to the investor who prefers to create wealth regularly, without being too concerned with any particular stock or the market as a whole.

2. A Random Walk Down Wall Street by Burton G. Malkiel

This classic investment book argues that markets are highly efficient and that it is very hard to consistently predict stock movements. Burton Malkiel presents the reasons why they often fail to consistently outperform the market over time and the advantages of diversification and index investing. The book is a research and practical examples make the complex ideas so easy to read.

Why It Is Great: It can prevent investors from making expensive mistakes and unrealistic expectations. The book promotes rationality and thinking long-term. Its everlasting knowledge makes it worth reading for both the novice and the seasoned investor who needs to know how markets actually operate.

3. The Little Book of Common Sense Investing by John C. Bogle

This book is by John C. Bogle and is a firm believer in investing in low-cost index funds and ETFs. It describes the ways in which returns are reduced by high fees and high turnover. Through clear reasoning and statistics, Bogle demonstrates how everyday investors have historically outperformed many professionals over long periods by minimizing costs.

Why It Is Great: It presents strong investing knowledge in simple language. It is straightforward, pragmatic and supported by the evidence over time. Ideal where the investor is seeking a simple approach as it is all about stability, patience and compounding as opposed to market timing.

4. The ETF Book: All You Need to Know About Exchange-Traded Funds by Richard A. Ferri

The book provides an in-depth overview of ETFs, their functionality, the advantages, and the various types of ETFs. It includes equity, bond, commodity and sector ETFs, trading strategies and risks. The book itself is logically organised and can be helpful not only to those who are beginners in investments but also to some intermediate readers.

Why It Is Great: It simplifies the ETFs without being too simplistic with details which matter. The ETFs are chosen and used in an effective manner, which makes readers sure about it. This is a very good source of information for an investor who would like to have a good background before creating an ETF-based portfolio.

5. ETF Investment Strategies Best Practices from Leading Experts by Aniket Ullal

The book is a collection of wisdom from professional ETF managers and institutional investors. It discusses modern ETF techniques like factor investment, tactical allocation and risk management. It is more data-driven and strategy-based, which is why it is appropriate for those investors who are already familiar with the basics of ETFs.

Why It Is Great: It provides practical insights into the world in a way beyond theory. The readers are informed about the use of ETFs by professionals through market cycles. Best suited to investors who are interested in perfecting their ETF strategy and creating more resilient and diversified portfolios.

6. The Only Guide to a Winning Investment Strategy You’ll Ever Need by Larry E. Swedroe

This is a book that questions conventional wisdom of investing and focuses on a disciplined, rules-based approach to investing. It is rather concerned with asset allocation, rebalancing and long-term planning than stock picking. The style of writing is interesting and helpful because complicated things become available to retail investors.

Why It Is Great: It encourages uniformity and not emotional judgments. The strategies are easy, replicable and can be used by most investors. A great book to read when one gets fed up with all those confusing pieces of advice and wants some clarity in their investment process.

7. Global Asset Allocation by Mebane T. Faber

This book was written by Meb Faber and describes the effectiveness of diversifying in global asset classes in order to risk-adjust and enhance returns. It deals with stocks, bonds, commodities and real assets in various countries. The book presents a mixture of historical facts and practical plans for developing globally diversified portfolios.

Why It Is Great: It broadens an investor’s mindset to domestic markets. The data-backed method assists in risk management in the downturn market. Ideal for long-term investment where stability is achieved by diversification into the global market.

8. The Ivy Portfolio by Mebane T. Faber & Eric Richardson

This book focuses on the asset allocation formula that was based on the Ivy League endowment funds. It concentrates on diversification of asset classes and is simple in trend-following in the management of risk. The author describes how ETFs can be used to replicate institutional strategies by individual investors.

Why It Is Great: It introduces institutional investing concepts to retail investors. The plan is methodical and simple to pursue. Especially effective when investors want to have downside protection in unstable market periods.

9. ETF Strategies Under Different Market Conditions by Aniket Ullal

The book offers insights into the application of ETFs in the bull markets, the bear markets, and the sideways markets. It describes how sector rotation, defensive investment, and hedging worked using ETFs. It is about adjusting portfolios to shifting market conditions instead of a general approach.

Why It Is Great: During volatility, the investors get to know how to modify their strategies rather than panicking. An interesting book for those willing to have readable solutions to ETFs across a market cycle.

10. Invest with the Fed by Robert R. Johnson & Gerald R. Jensen

This book describes the role played by Federal Reserve policies in shaping markets and how investors can make their strategies conform to these policies. It emphasises how interest rates, liquidity and monetary policy affect the price of the assets.

Why It Is Great: It assists the investor in comprehending the macro picture that drives markets. The lessons come in handy, particularly when the rates are increasing or decreasing. Best suited to investors who need macro driven ETF as well as asset allocation techniques.

Conclusion

On a concluding note, ETF is the simplest and most methodical way of investing into market. It offers diversification and a long-term approach to investing. If you are a beginner and looking to start your investment journey, you must read a few books on ETF investing. These books help in avoiding common mistakes and making a well-diversified portfolio. However, it is advised to consult your investment advisor before making any investment decision.

S.NO.	Check Out These Interesting Posts You Might Enjoy!
1	Best Algorithmic Trading Books
2	Top Option Trading Books in India
3	Best Chart Pattern Books for Traders
4	Top Books for Beginners in Trading & Investing
5	Best Swing Trading Books for Trader
6	Best Price Action Trading Books
7	Stock Market Books Hindi
8	Best Books for Stock Market Technical Analysis
9	Best Books on Commodity Trading
10	Best Books on Mutual Funds for Beginners in India
11	Best Personal Finance Books
12	Best Psychology of Money Books to Read
13	Best Venture Capital Books for Investors and Startup Founders
14	Best Retirement Books for Smart Financial Planning
15	Best Wealth Creation Books

Frequently Asked Questions (FAQs)

What does ETF investing mean?
ETFs refer to the Exchange Traded Fund and is a investment tool offered by an asset management company. It is a passive form of investing, and the fund is invested in a basket of assets such as equity, commodities, etc.
How can ETF investing books help in passive investment?
ETF investment books can help an investor in creating a passive, low-cost, diversified investment portfolio for long-term wealth creation.
Name the best books for ETF investing?
The best books for ETF investing include The Bogleheads’ Guide to Investing, A Random Walk Down Wall Street, The Little Book of Common Sense Investing, etc.
How can I invest in ETFs?
To invest in ETFs, you should have a demat and trading account, as ETFs can be purchased on the stock exchange during market trading hours. To invest in ETFs, you can open a lifetime free trading and demat account with Pocketful, as it also offers free brokerage on all delivery trades, and its mobile application comes with advanced trading platforms.
Does reading ETF investing books guarantee returns?
No, reading and investing based on the ETF investing books does not guarantee profit or returns. Investors are required to take inform decision and returns of ETFs are linked to the market, hence they can be volatile in the short run.

February 13, 2026

Income Tax Slab FY 2026-27 Explained

Before you start your income tax planning for FY 2026-27, it’s important to be aware of a crucial update: For the financial year 2026-27, Finance Minister Nirmala Sitharaman has not made any changes to the existing income tax slabs under the revised tax regime. This means the slab rates will remain the same, but the actual tax impact may vary for each taxpayer due to rebates, standard deductions, and compliance rules. In this article, we will understand the latest income tax slabs, applicable rates, and the real impact of the calculations in a straightforward and easy-to-understand manner.

What Is an Income Tax Slab?

An income tax slab means that your total taxable income is divided into different segments (ranges), and a different tax rate is applied to each segment. This is called a progressive tax system – meaning that as income increases, the marginal tax rate also increases. The objective is to ensure that lower-income individuals bear a lower tax burden, while higher-income groups pay proportionally more tax.

Tax System Comparison

Tax System Type	How it works	The situation in India
Slab-based Tax	Different tax rates apply to different income ranges.	Applicable to Individuals/HUF
Flat Tax	A single rate applies to the entire taxable income.	Not applicable to individual tax.
Special Rate Tax	A different fixed rate applies to certain income levels.	Capital gains, lottery, crypto etc.

Income Tax Slab for FY 2026-27 — New Tax Regime

Taxable Income (₹)	Tax Rate
Up to ₹4,00,000	Nil
₹4,00,001 – ₹8,00,000	5%
₹8,00,001 – ₹12,00,000	10%
₹12,00,001 – ₹16,00,000	15%
₹16,00,001 – ₹20,00,000	20%
₹20,00,001 – ₹24,00,000	25%
Above ₹24,00,000	30%

The tax slab structure has not been changed in Budget 2026, but emphasis has been placed on keeping the new tax regime simple and compliance-friendly. This regime is now the default option.

New Tax Regime (FY 2026–27) — Key Features & Benefits

The new tax regime for FY 2026–27 includes a slab structure along with some practical features that directly benefit salaried and pensioner taxpayers.

Feature	What are the rules?	Practical Benefit
Section 87A Rebate	A rebate of up to ₹60,000 is available on taxable income up to ₹12,00,000.	Effectively, the tax on income up to ₹12 lakh can be zero.
Standard Deduction	₹75,000 for salaried employees and pensioners.	For salaried individuals, the effective tax-free level can reach up to ₹12.75 lakh.
Marginal Relief	Available for incomes slightly above ₹12 lakh.	Relief from a sudden tax jump when income increases slightly.
Surcharge Cap	Under the new regime, the maximum surcharge is 25% (for income above ₹2 crore).	Lower surcharge cap for high-income taxpayers
Uniform Slabs	The same slab rates apply to all age groups.	There is no separate tax slab or confusion for senior/super senior citizens.

Old Tax Regime – Slab Rates

The Old Tax Regime continues in FY 2026–27, and there have been no changes to the slab rates. A key feature of this regime is that the slab limits vary depending on the taxpayer’s age, and several deductions and exemptions can be claimed. If an individual has significant deductions such as those under Section 80C, HRA, and home loan interest, the old regime can prove beneficial in many cases.

Old Regime Slabs – Individuals (< 60 years), NRI, HUF

Taxable Income (₹)	Tax Rate
Up to ₹2,50,000	Nil
₹2,50,001 – ₹5,00,000	5%
₹5,00,001 – ₹10,00,000	20%
Above ₹10,00,000	30%

Old Regime Slabs – Senior Citizens (60–79 years)

Taxable Income (₹)	Tax Rate
Up to ₹3,00,000	Nil
₹3,00,001 – ₹5,00,000	5%
₹5,00,001 – ₹10,00,000	20%
Above ₹10,00,000	30%

Old Regime Slabs – Super Senior Citizens (80 years or older)

Taxable Income (₹)	Tax Rate
Up to ₹5,00,000	Nil
₹5,00,001 – ₹10,00,000	20%
Above ₹10,00,000	30%

Old Tax Regime – Main Benefits (Deduction Based System)

Benefit	Limit / Rule
Standard Deduction	₹50,000 (salaried & pensioners)
Section 87A Rebate	₹12,500 (for income up to ₹5 lakh)
Section 80C	Up to ₹1.5 lakh
Section 80D	Health insurance deduction
HRA / LTA	Allowed
Home Loan Interest (Sec 24)	Up to ₹2 lakh
Education Loan (80E)	Interest deduction

New vs Old Tax Regime Comparison (FY 2026–27)

Taxpayers have two options available in FY 2026–27: the New Tax Regime and the Old Tax Regime. Choosing the right regime directly impacts your final tax bill. The new regime offers lower slab rates and a higher rebate, but deductions are limited. The old regime has comparatively higher rates, but a longer list of deductions and exemptions is available.

Old vs New Tax Regime

Parameter	New Tax Regime	Old Tax Regime
Tax Slabs Structure	More slabs, gradual rate increase	Fewer slabs, rapid rate increase.
Basic Exemption Limit	₹4,00,000 (same for all age groups)	Age-based – ₹2.5L / ₹3L / ₹5L
Standard Deduction	₹75,000 (salaried & pensioners)	₹50,000
Section 87A Rebate	₹60,000 (up to ₹12L income)	₹12,500 (income up to ₹5 lakh)
Section 80C Deduction	Not allowed	Up to ₹1.5L is allowed.
Section 80D (Health Insurance)	Not allowed	Allowed
HRA Exemption	Not allowed	Allowed
LTA Exemption	Not allowed	Allowed
Home Loan Interest (Sec 24)	Not allowed	Up to ₹2L
Education Loan Interest (80E)	Not allowed	Allowed
Other Chapter VI-A Deductions	Mostly not allowed	Widely allowed
Maximum Surcharge Rate	25% (high income cases)	37% (high income cases)
Marginal Relief	Available (₹12L crossing cases)	Available (high surcharge bands)
Slab by Age	Same for all	Age-wise different
Documentation Need	Low	High (proof required)
Filing Complexity	Simple	Detailed
Default Option	Yes (AY 2024-25 onward)	Detailed

Surcharge & Cess on Income Tax Slab FY 2026–27

Even after calculating tax based on the income tax slabs, the final payable tax doesn’t end there. High-income taxpayers are subject to a surcharge, and a 4% Health and Education Cess is added to the tax liability of all taxpayers.

Surcharge Rates

Total Income (₹)	Surcharge Rate (New Regime)
Up to ₹50 lakh	No surcharge
₹50 lakh – ₹1 crore	10%
₹1 crore – ₹2 crore	15%
₹2 crore – ₹5 crore	25%
Above ₹5 crore	25% (capped in new regime)

New vs Old Regime – Maximum Surcharge Comparison

Maximum Surcharge Rate	Maximum Surcharge Rate
New Tax Regime	25%
Old Tax Regime	37%

Income Tax Changes Effective from 1 April 2026 – Budget 2026–27

1. New Tax Regime Continues

Rule	Updated Position (From 1 April 2026)
New tax regime	Continue & strengthened
Tax-free income (new regime)	Effective zero tax up to ₹12,00,000
Salaried effective zero level	₹12.75 lakh (after a standard deduction of ₹75,000)
Slab rates	No change announced
Objective	Stability + simplicity

2. Section 87A Rebate – Continued Relief

Provision	Updated Rule
Section 87A rebate	Continue
Maximum rebate	₹60,000
Eligible income	Up to ₹12 lakh
Result	Zero tax liability possible

3. Standard Deduction & Senior Citizen Relief

Category	Deduction Rule
Salaried / Pensioners	₹75,000 standard deduction continue
Senior citizen deduction limit	₹50,000 ₹1,00,000 increased
Impact	Lower taxable income

3. Interest Income Exemptions – Continue

Section	Limit
Section 80TTA	₹50,000 (individuals)
Section 80TTA	₹1,00,000 (senior citizens)
Applies to	Interest income

4. Compliance Simplification – New Tax Framework

Area	Change
New Income Tax Act	Income Tax Act 2025 applicable from 1 April 2026
Rules	Draft Income Tax Rules 2026 introduced
Total rules	511 – 333
Total forms	399 – 190
Form design	Simplified & user-friendly
Goal	Easy filing & less confusion

5. Filing & Procedure Relaxations

Compliance Area	Update
ITR filing last date	ITR-1/2: 31 July
Non-audit business/trust	31 August
Revised return	Allowed till 31 March
15G/15H filing	Depository route allowed
Lower/Nil TDS certificate	Online process

6. TDS / TCS Rationalisation

Area	New Rule
Foreign travel TCS	Reduced to 2%
LRS education/medical TCS	Reduced to 2%
Certain TDS/TCS rules	Rationalised

7. Special Exemptions Introduced

Category	Tax Treatment
MACT compensation interest	Fully exempt
Disability pension (forces)	Exempt
Land acquisition (RFCTLARR)	Exempt

8. Capital Market & Investment Tax Changes

Area	Update
Share buyback	Taxed as capital gains
STT – Futures	0.02% – 0.05%
STT – Options	0.15%
SGB exemption	Only if held till maturity & original issue

Conclusion

The tax structure for FY 2026-27 is stable, but who will actually benefit depends entirely on your income pattern and deductions. The new regime is simpler, while the old regime might still be useful for those with significant deductions. Choosing a regime without comparing them could be a mistake. Calculating your tax liability before the end of the financial year is the smartest move.

Stay ahead in the market with Pocketful! Get daily financial updates, zero brokerage on delivery, and powerful advanced tools for F&O trading.

S.NO.	Check Out These Interesting Posts You Might Enjoy!
1	Union Budget 2026 Highlights: Key Announcements, Tax, Capex & Sectors
2	Union Budget 2026 Expectations: Tax Relief, Sector Boosts & Market Impact
3	Fiscal Deficit Explained: Meaning, Formula, Causes & Impact \| Budget 2026–27
4	Government Bonds India – Types, Advantages, and Disadvantages of Government Bonds
5	Best Gold Investment Schemes in India
6	Budget 2024-25: How Will New Tax Slabs Benefit The Middle Class?

Frequently Asked Questions (FAQs)

Did the Income Tax Slabs change in FY 2026–27?
No, there have been no changes to the slab rates under the revised new tax regime.
Is income up to ₹12 lakh truly tax-free?
Yes, due to the rebate under the new regime, the effective tax on taxable income up to ₹12 lakh can be zero.
What is the standard deduction in the new tax regime?
A standard deduction of ₹75,000 is available for salaried and pensioned individuals.
Can I still choose the old tax regime?
Yes, the option is available. The old regime might be better if you have significant deductions.
Do tax slabs apply to capital gains income?
No, special tax rates apply to capital gains, not the slab rates.

February 12, 2026

Blog

What are Low Beta Stocks?

List of 10 Best Low-Beta Sleeper Stocks

Overview of Best Low-Beta Sleeper Stocks

1. Bharti Airtel Ltd

2. Hindustan Unilever Ltd

3. ITC Limited

4. Reliance Industries Ltd

5. HDFC Bank Ltd

6. Maruti Suzuki India Ltd

7. Asian Paints Ltd

8. Pidilite Industries Ltd

9. Power Grid Corporation of India Ltd

10. Coal India Ltd

Key Performance Indicators (KPIs)

Benefits of investing in Low-Beta Stocks

Factors to be Considered Before Investing in Low-Beta Stocks

Conclusion

Frequently Asked Questions (FAQs)

Why are low-beta stocks considered “defensive”?

Are low-beta stocks completely safe?

Who should consider investing in low-beta stocks?

How can I check a stock’s beta?

How often should I review low-beta stocks?

What are mutual funds?

Key Features of Mutual Funds

What are individual stocks?

Key Features of Individual Stocks

Difference between Mutual Funds and Individual Stocks

Which is better, mutual funds or individual stocks?

Mutual Funds

Individual Stocks

Conclusion

Frequently Asked Questions (FAQs)

What are the key difference mutual funds and individual stocks?

Why are mutual funds safer than individual stocks?

Which is more suitable for a beginner investor?

How are gains from equity mutual funds and stocks taxed in India?

Is it mandatory to have a demat account to invest in mutual funds?

What Are Precious Metals ETFs?

Different Types of Metal Funds

Some of the Best Performing Precious Metals ETFs in 2026

1. Nippon India Silver ETF

2. Nippon India ETF Gold BeES

3. ICICI Prudential Gold ETF

4. SBI Gold ETF

5. HDFC Silver ETF

6. Edelweiss Gold ETF

Key Indicators of Best Precious Metal ETFs in India (KPI)

Market Outlook for 2026

Conclusion

Frequently Asked Questions (FAQs)

Do I need a special account to invest in metal efts?

Is investing in ETFs better than buying physical gold?

What is an “Expense Ratio”?

Why did gold prices started to dip in 2 month of 2026?

How much tax is levied on these transactions?

What Is MCX Gold?

MCX Gold vs Other Gold Options

Types of Gold Contracts Available on MCX

MCX Gold Contracts Lot Size and Price Move Value

How P/L works in MCX Gold

Requirements Before You Buy MCX Gold

Step-by-Step: How to Buy MCX Gold

Step 1 : Activate the Commodity Segment

Step 2 – Add Margin Funds

Step 3 – Choose the Right Gold Contract

Step 4 – Select the Expiry Month

Step 5 – Check Margin and Lot Size

Step 6 – Place a Buy Order

Step 7 – Place a Stop-Loss immediately

Step 8 – Monitor MTM and Margin

Step 9 – Exit or Rollover before Expiry

Charges, Taxes & Costs in MCX Gold Trading

Risk Management Rules for MCX Gold Traders

Common Mistakes Beginners Make When They Buy MCX Gold

Conclusion

Frequently Asked Questions (FAQs)

What is MCX Gold?

Can I buy MCX Gold with a normal trading account?