IRDAI permits life insurers to issue policies electronically amid Covid pandemic
The Insurance Regulatory and Development Authority of India (IRDAI) issued a circular exempting the life insurance companies from the requirement of issuing policy document and copy of proposal form in physical form, subject to certain conditions.
by The Economic Times Aug 5, 2020
Four shut Franklin schemes hit by defaults
Four among the six shuttered debt schemes of Franklin Templeton Mutual fund saw a fall in their Net Asset Values or NAVs after two entities - Nufuture Digital (India) Ltd (NDIL) and Future Ideas Co Ltd (FICL) – defaulted on payments.
by The Economic Times Aug 5, 2020
Easy money is behind us, clearer signs of economic recovery needed: Mirae Asset Global
From a technical perspective, Indian market is well positioned and as people get confidence on economic recovery, despite Covid cases increasing, more flows will come into the country.
by The Economic Times Aug 5, 2020
Mutual fund platforms tie up with Amazon to offer saving products to customers
The online mutual fund platforms have prescribed a ₹90,000 limit, as they are accepting payments via UPI, which has a ₹1 lakh limit per transaction.
by Mint Aug 5, 2020
Tax Benefits u/s 80D: How to divide health insurance premium to claim deduction for more than 1 year
If an insurance company issues 80D Certificate dividing premium of a 2-year health insurance policy in three financial years, how would you show it in your ITR?
by The Financial Express Aug 5, 2020
'Sharp sell-off cannot be ruled out; market dynamics may change if there's second wave'
Given this correction we have been looking to add quality balance sheets with good growth prospects.
by Moneycontrol Aug 4, 2020
Raksha Bandhan 2020: Right time to invest in the future of your siblings
While Rakhi 2020 may not be the ‘traditional rakhi’ in most sense, what with the lockdown restricting our movements, there is no reason that we should not look at it as an opportunity to truly ‘invest’ in the future of our siblings.
by The Financial Express Aug 4, 2020
Sebi issues 'procedural' guidelines for proxy advisory firms
There must be a stated process for the proxy advisory firms to communicate with its clients and the company, said Sebi
by Mint Aug 4, 2020
Franklin Templeton Mutual Fund may face Sebi heat as audit sees lapses
Regulator-appointed firm probing closure of six schemes
by Business Standard Aug 4, 2020
Sebi may review curbs on MFs’ equity investments
Industry officials said many fund houses have recommended widening the scope for investments in large- and mid-cap shares, which would automatically shrink the small-cap space.
by The Economic Times Aug 4, 2020
Insurers see spurt in surrender of policies
People have started borrowing against life policies as collateral more than before so that they are able to continue to have cash all the time, life insurers said
by Mint Aug 4, 2020
Franklin Templeton debt funds see further dip in NAV as Future Group defaults
The net asset value of Franklin India Income Opportunities Fund fell by 4.85% on Friday
by Mint Aug 4, 2020
Mutual Funds: You need to look beyond historical returns; Here’s why
While most investors compare mutual fund returns with the benchmark index such as Sensex or Nifty, a diligent investor must analyse the impact of expense ratio and the risk taken to deliver the return.
by The Financial Express Aug 4, 2020
India's long-term story not derailed but delayed by a few quarters, says Jyoti Vaswani of Future Generali Insurance
We took the current market volatility as an opportunity and worked to create sustainable building blocks to generate long term returns for our esteemed investors.
by Moneycontrol Aug 4, 2020
How many mutual funds should you have in your portfolio?
While diversification is important for any investment portfolio, owning too many funds is useless
by Moneycontrol Aug 4, 2020
