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How should mutual fund investors think about their portfolios amid the US-Israel conflict with Iran?

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How should mutual fund investors think about their portfolios amid the US-Israel conflict with Iran?
The escalation of hostilities between the US, Israel and Iran has once again pushed geopolitics to the forefront of global markets. Missile strikes, retaliatory attacks and fears of a broader Middle East conflict have predictably unsettled investors, with many wondering how to adjust their mutual fund portfolios in this uncertain environment.

According to a note by Axis Mutual Fund, for India, geographically distant but economically exposed, the more relevant question is not whether near-term volatility will rise, but whether such episodes meaningfully alter the country’s long-term investment trajectory. History suggests they rarely do.

Wars and geopolitical conflicts typically trigger short-term market turbulence, but they have not resulted in sustained equity underperformance, particularly when conflicts remain regional. Indian markets have demonstrated this resilience repeatedly, absorbing external shocks, repricing risk briefly and then reverting to fundamentals, the note said.

Also Read | NFO Insight: Will TRUSTMF Mid Cap Fund’s GARV and LIM strategy help identify quality mid-cap opportunities?

Recent moves by the US and Israel to strike Iranian targets have triggered a classic “risk-off” mood among investors, where money tends to flow out of riskier assets like equities and into safer ones such as gold, silver and government bonds.

The conflict has pushed up prices of traditional safe-haven assets. Precious metals like gold and silver have surged as many investors seek protection from market volatility.
Shrikant Chouhan, Head Equity Research, Kotak Securities, told ETMutualFunds that currently the market appears directionless, making it difficult to predict the short-term trend. Markets generally dislike uncertainty, and the prevailing global concerns are keeping sentiment volatile. From a 12-month perspective, current levels look attractive for investing in large-cap stocks.
While investors rarely catch the exact bottom, adopting a staggered investment approach during major declines can help build meaningful exposure. Gradual accumulation at lower levels increases the probability of generating alpha over the medium to long term, Chouhan added.
The note by Axis Mutual Fund highlighted that oil is the most immediate transmission mechanism. India imports more than 80% of its crude requirements, making it sensitive to Middle East instability. A sharp rise in crude prices raises input costs, widens the current account deficit and feeds inflation.

Equity markets tend to react quickly, particularly in oil-sensitive sectors such as aviation, paints, cement and chemicals. However, history shows that oil shocks alone have not derailed Indian equities unless they persist long enough to damage growth and monetary stability.

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Nehal Meshram, Senior Analyst, Morningstar Investment Research India, said mutual fund investors should stay anchored to long-term goals and avoid making reactive portfolio changes based on short-term market moves. During such periods, it is essential to stick to long-term asset allocation across equities, debt and gold.

“Avoid panic selling in equities, as this often results in locking in losses right before markets stabilise. For investors with ongoing SIPs and long horizons, it makes sense to continue investing steadily.”

Meshram further said investors should focus on portfolio quality rather than short-term tactical trades. If markets correct further, consider gradual rebalancing instead of trying to time the bottom. A portfolio tilted towards large-cap, flexi-cap or multi-cap funds can help manage downside risk. One should avoid taking excessive exposure to small-cap or narrow sector themes during such volatile periods.

Also Read | NFO Insight: Will TRUSTMF Mid Cap Fund’s GARV and LIM strategy help identify quality mid-cap opportunities?

Periods of geopolitical stress typically strengthen the US dollar, putting pressure on emerging market currencies, including the rupee. The note by Axis Mutual Fund showed how the Nifty has behaved over the past 15 years during conflict-driven stress events such as Arab Spring or Middle East unrest (2011), Uri surgical strikes (2016), Russia-Ukraine war (2022), Israel-Hamas conflict (2023), and Operation Sindoor (2025).

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During the Arab Spring or Middle East unrest in 2011, it was a volatile year, driven more by global growth fears than geopolitics, and markets recovered as domestic fundamentals stabilised. During the Russia-Ukraine war in 2022, the Nifty 50 fell 5% on invasion day but finished the year in positive territory, despite oil shocks and aggressive global rate hikes.

At the time of Operation Sindoor in 2025, initial market jitters gave way to stability as escalation risks remained contained, reinforcing the market’s tendency to look through short-term uncertainty.

The note said the pattern is consistent: conflict-driven drawdowns are shallow and temporary, while longer-term returns are dictated by earnings growth, liquidity and domestic demand.

Also Read | Silver and gold ETFs jump upto 18% as US-Israel attacks on Iran fuel safe-haven demand. What should investors do?

Anshi Shrivastava, Head – Personal Finance Training at 1 Finance, told ETMutualFunds that given current market volatility due to global conflicts, Indian investors should remain calm and focus on long-term investment goals. Mutual funds typically experience only brief declines before recovering.

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While sharing how the benchmark indices have performed around various geopolitical events, Shrivastava said that for equity mutual funds, maintaining a 10-15 year investment horizon is important to achieve optimal growth. Currently, adding gold and silver to a portfolio is advisable.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times.)

If you have any mutual fund queries, message ET Mutual Funds on Facebook or Twitter. We will get them answered by our panel of experts. Do share your questions at ETMFqueries@timesinternet.in along with your age, risk profile and Twitter handle.

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Apple CarPlay Ultra Will Soon Launch to Hyundai, Kia, and Other Mainstream Brands

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Apple CarPlay

Apple’s next-generation in-car system, CarPlay Ultra, is poised to expand beyond its initial debut, with new reports indicating wider adoption across major automotive brands.

After initially launching in select Aston Martin vehicles, the platform is now expected to reach more mainstream markets.

Hyundai, Kia, and Genesis Set to Adopt CarPlay Ultra

Apple CarPlay
Apple’s upcoming iOS 26.4 update will let CarPlay drivers talk to ChatGPT and other AI chatbots, enhancing in-car assistance, productivity, and conversation while keeping safety in mind.

According to MacRumors, Apple previously confirmed that Hyundai, Kia, and Genesis are preparing to integrate CarPlay Ultra into upcoming models.

Recent reports suggest that at least one new vehicle from these brands could feature the system in the second half of the year. If confirmed, this would mark a major shift from luxury exclusivity toward broader consumer accessibility.

What Sets CarPlay Ultra Apart

Unlike traditional Apple CarPlay, CarPlay Ultra delivers deeper integration with a vehicle’s internal systems.

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The platform extends beyond the infotainment display into the instrument cluster, enabling drivers to view real-time data, including speed, fuel levels, tire pressure, and engine temperature, within a unified interface. It also supports direct control over features like climate settings, radio, and rear-view camera displays.

Personalized Interface Meets Brand Identity

According to VOI, the key feature of CarPlay Ultra is its adaptability. Apple allows automakers to customize the interface to match their brand identity, ensuring a consistent in-car aesthetic.

Drivers can also select from multiple design layouts, adding a layer of personalization that enhances both usability and visual appeal.

For everyone who’s always interested in any Apple software, what the Cupertino giant did with CarPlay Ultra is one step ahead of others.

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Originally published on Tech Times

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China food delivery stocks subdued as authorities crack down on ‘ghost deliveries’

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Big update on plans for new Blackpool sports village

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Scheme largely funded by £6.5m from the UK Government’s Town Deal

The plans for the Revoe Community Sports Village project in Blackpool.

The plans for the Revoe Community Sports Village project in Blackpool(Image: Local Democracy Reporting Service)

A multi-million pound community sports village for Blackpool has taken a major step forward as new details on the project emerge.

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A planning application for the Revoe Community Sports Village project, which is primarily funded by £6.5 million from the UK Government’s Town Deal, was last week submitted to Blackpool Council, which is working with Blackpool FC and Blackpool FC Community Trust.

The scheme includes the provision of two 7- a-side synthetic 3G football pitches, two padel courts and a Multi-Use Games Area (MUGA) and associated floodlighting.

A 3G (third-generation) football pitch is a modern, high-performance synthetic turf surface designed to replicate natural grass, featuring long fibers (40mm-60mm) infilled with sand and rubber crumb. They offer durable, all-weather play for training and competitive matches.

In addition, the plans also include proposed enclosures and boundary treatments, hard and soft landscaping, car parking and installation of two storage containers and associated works .

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A Planning, Design and Access Statement in support of the project stated: “This project will support sport and community provision by creating new facilities adjacent to Blackpool Football Club’s Bloomfield Road stadium.

“The Council is working alongside Blackpool Football Club and the BFC Community Trust to implement and subsequently operate the development.”

It concludes: “The proposals are considered to represent appropriate development which supports the overall aims of the Local Authority in improving access to sports facilities to support the health and wellbeing of the local community.

“For these reasons, it is considered that full planning permission for the proposed development should be granted. “

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What does the scheme offer?

The statement says: “All of the pitches would have associated floodlighting and two storage containers to be installed on-site would allow for equipment storage.

“The 3G pitch is designed to be configured as either two 7-a-side or four 5-a-side pitches, to FA standards.

“Each pitch will be bound by 4.5m high weld mesh fencing with floodlighting provided.

“It is proposed that the facilities would be open between 9am and 9pm daily. This reflects the opening hours of other 3G pitch facilities in Blackpool. The pitches would not be in use when first team home games are being played to mitigate any potential impact on traffic.”

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School use and possible tournaments

The BFCCT will manage the use of the facilities once operational. This will include facilities for educational provision and other sports programmes.

In respect of the 3G pitches, the Blackpool Football Club Ladies and Girls grassroots teams are expected to utilise the facilities as will the FA Girl’s Emerging Talent Centre, which is the Fylde Coast’s centre of excellence.

Bookable slots will be offered to local schools and junior grassroots football clubs, to utilise the space and hire facilities. The Community Trust will also be exploring options for developing some competitive opportunities, such as matches and tournaments.

What the council says

Cllr Mark Smith, Blackpool Council’s Cabinet Member for Built Environment and Economy, said the project was part of the council’s aim to improve the area around Central Drive with quality housing and green space.

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He said: “While our housing projects are about providing better homes for people to live in, this (sports) project is about improving the healthy lifestyles of people who live centrally, by creating community sports facilities for everybody to enjoy.

“The project will also help the football club’s community trust to increase its offer to local people, while also facilitating improvements to the East Stand to make the area around the football stadium a nicer place to visit.”

To find all the planning applications, traffic diversions, road layout changes, alcohol licence applications and more in your community, visit the Public Notices Portal.

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Global Wealth Research – April 2026

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Wall Street Brunch: Oil And Rates Will Still Dominate Sentiment (undefined:USO)

Satellite view of the Strait of Hormuz with white graphic lines representing global shipping lanes and maritime traffic between the Persian Gulf and Gulf of Oman. Strategic oil transport concept

Alones Creative/iStock via Getty Images

By Indrani De, CFA, PRM, Head of Global Investment Research FTSE Russell, David McNay, CFA, Director – Global Investment Research FTSE Russell, and Zhaoyi Yang, CFA, FRM, Sr Manager – Global Investment Research FTSE Russell

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Cook government's pre-budget announcements keep coming

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Schools to get $2.1b in pre-budget splash

More than $2.1 billion has been committed to state school infrastructure funding ahead of the May budget.

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Casely power bank recall reannounced after woman’s death and plane fire

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Casely power bank recall reannounced after woman's death and plane fire

A recall affecting more than 400,000 power banks has been reissued after federal regulators reported additional incidents, including a fatal fire and a separate onboard airplane fire.

About 429,000 Casely Power Banks 5000mAh portable MagSafe compatible wireless chargers are included in the recall announced last week due to fire and burn hazards, according to the U.S. Consumer Product Safety Commission (CPSC).

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The recall was first announced in April 2025. At that time, Casely had received 51 consumer reports of the charger overheating, swelling or catching fire while being used to charge phones, causing six minor burn injuries.

MORE THAN 30K WIRELESS POWER BANKS RECALLED AFTER REPORTS OF FIRE, EXPLOSIONS

Casely Power Banks 5000mAh portable MagSafe wireless phone charger

About 429,000 Casely Power Banks 5000mAh portable MagSafe wireless phone chargers are impacted by the reannounced recall. (U.S. Consumer Product Safety Commission / Unknown)

Since that recall was regulators say 28 additional incidents have been reported, including the death of a 75-year-old woman from New Jersey.

In August 2024, the elderly woman was charging her cell phone with the power bank on her lap when it caught on fire and exploded. She suffered second- and third-degree burns and later died from her burn injuries.

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In another incident, a 47-year-old woman in February was charging her cell phone with the power bank on a plane when it caught on fire and exploded, causing first-degree burns to the woman.

Recalled power bank

The recall was first announced in April 2025. (U.S. Consumer Product Safety Commission / Unknown)

The power banks affected by the recall have the model number “E33A” printed on the back and “Casely” engraved on the front right side.

The chargers were sold on Casely’s website, Amazon and other online retailers from March 2022 through September 2024 for between $30 and $70.

Consumers are urged to stop using the power banks immediately and contact Casely for a free replacement.

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OVER 1.1M POWER BANKS RECALLED AFTER REPORTS OF FIRES, EXPLOSIONS

amazon packages at a warehouse in new jersey

The chargers were sold at the Casely website, Amazon and other online retailers from March 2022 through September 2024. (REUTERS/Eduardo Munoz / Reuters)

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The power banks should not be thrown away in the garbage since they pose a risk of fire, the commission warned. Consumers are instructed to contact local household hazardous waste collection centers for disposal guidance.

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Asia stocks rise as tech gains offset US-Iran tensions; China keeps LPR steady

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Economic, Geopolitical, and Technological Pressures

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Steering Through 2026's Contrasting Fortunes

Southeast Asia faces a complex web of interconnected risks, from economic downturns and job scarcity to geopolitical rivalries and the disruptive force of AI. The region’s diverse economies, from wealthy Singapore to poorer Myanmar, experience these challenges unevenly, forcing nations to balance immediate stability with long-term strategic autonomy.

Key Details

  • Economic growth is uneven: While Singapore thrives, countries like Myanmar, Laos, and Brunei struggle with debt, inflation, and joblessness; even wealthy Singapore faces cost-of-living pressures.
  • Geopolitical tensions are acute: ASEAN nations, heavily reliant on China for trade, are squeezed by U.S. tariffs (e.g., 46% on Vietnamese exports) and legal uncertainty after the 2026 U.S. Supreme Court ruling, forcing ad-hoc bilateral deals.
  • AI adoption is accelerating but unequal: Major investments in Indonesia, Malaysia, and Vietnam contrast with low SME adoption (15% in Singapore); energy-intensive data centers risk massive emissions spikes (e.g., 7x in Malaysia by 2030).
  • Risks reinforce each other: Trade shocks fuel inflation and unemployment; AI gains may widen inequality; supply chain shifts expose cybersecurity gaps; domestic politics limit fiscal flexibility.

While AI adoption promises growth, uneven implementation, energy constraints, and workforce displacement could exacerbate inequalities. Governments and businesses must adopt integrated, adaptive strategies, acknowledging that economic, geopolitical, and technological pressures are converging, demanding a coordinated, forward-looking response to navigate this volatile landscape.

There is growth but it’s not reaching everyone

Economic growth is a case in point. In the survey, the top three perceived risks in the region are economic downturn, lack of jobs or economic opportunity and inflation, reflecting a shared anxiety about how individuals will experience growth. The signs of stress are already visible.

In Thailand, growth forecasts have been revised downward due to trade uncertainty and high household debt. Meanwhile, Brunei is still trying to reduce its reliance on oil and gas, and Lao PDR faces serious debt pressures that limit room to manoeuvre.

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Meanwhile, ageing demographics in Malaysia and Viet Nam are outpacing economic development, a challenge requiring different investments in productivity and skills.

AI Surge in the Region Sparks Opportunities Amid Growing Divides

Southeast Asian executives rank the risks from artificial intelligence (AI) adversely at fourth regionally, compared to 10th globally. There is also relatively higher concern about online harms and the risks posed by frontier technologies more broadly.

AI-driven growth initiatives are gaining momentum across the region. For instance, Microsoft has unveiled significant cloud and AI investment programs in Indonesia and Malaysia.

Qualcomm has launched an AI research and development center in Viet Nam. Meanwhile, Singapore’s Green Data Centre Roadmap positions computing capacity as a strategic national infrastructure, akin to how previous generations prioritized highways and ports.

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Factbox-From airlines to banks: Australian, New Zealand firms feel heat of Gulf crisis

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Factbox-From airlines to banks: Australian, New Zealand firms feel heat of Gulf crisis


Factbox-From airlines to banks: Australian, New Zealand firms feel heat of Gulf crisis

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Austal delivers final guardian boat to Maldives

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Austal delivers final guardian boat to Maldives

WA shipbuilding giant Austal has officially concluded one of the largest naval programs in the state’s history, delivering the final Guardian-class patrol boat.

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