HDFC AMC introduced the India Consumption Fund to capture multi-year opportunities in sectors aligned with rising disposable incomes and formalisation trends. Mid-cap valuations currently trade at 27–28 times earnings with expectations of double digit profit growth.

Indian mutual funds collectively hold nearly ₹2 lakh crore in cash as benchmark indices continue breaking record levels. SBI Mutual Fund leads the pile with ₹31,912 crore in liquid reserves for October. Fund managers have adopted a cautious stance given elevated valuations, preferring staggered deployment while monitoring macro triggers like the RBI policy decision and global rate cues.