Index funds and ETF inflows treble in two years
High Networth Individuals (HNIs), Ultra-HNIs and some retail investors have shifted some of their investments to ETFs because of their ability to generate better returns amid market volatility
by The Economic Times Jul 13, 2020
Why Senior Citizen Savings Scheme makes sense even now? Check features, interest rate, withdrawal details
Since the deposits under SCSS earn you higher returns than those generally available under other comparable safe investment avenues, it should be the first choice of senior citizens who want risk-free returns on their investments.
by The Financial Express Jul 13, 2020
Mutual funds net inflows crash by 95%
Equity inflows have slowed down as many investors are waiting for clarity on their own future cash flows. Redemptions are still lower than the March outflow of Rs 18,386 crore.
by The Economic Times Jul 13, 2020
Life insurance sector witnesses 18.6% drop in 1st-year premium: CARE Ratings
The overall sum assured also declined 12.9% to ₹8.8 trillion in the June 2020 quarter, compared with ₹10 trillion (which was an increase of 17.6%) in the corresponding period of the previous year
by Mint Jul 13, 2020
IRDAI releases guidelines for Corona Kavach, 29 insurers to issue the Covid-19 specific policy
IRDAI has released standard features of the Covid-19 specific health insurance plan Corona Kavach and has allowed 29 General and Health Insurance companies to market the Policy.
by The Financial Express Jul 13, 2020
