NITI Aayog recommends privatising United India Insurance Company
Core group to soon consider the proposal to privatise the insurer
by Source: Business Standard Jun 30, 2021
Contra funds a good bet to diversify portfolio, but keep the risks in mind
Instead of timing the market, investors can supplement growth-oriented aggressive funds with contra schemes
by Source: Mint Jun 30, 2021
Don’t say no to mid & smallcaps yet; analysts say these 21 are roaring buys
Thanks to the stocks rally this calendar, the valuation discount of smallcaps and midcaps to their largecap peers has dipped, but not disappeared, say some analysts. What you see is a significant loss pools distorting the picture. So don’t throw in the towel on midcaps and smallcaps yet, they say.
by Source: ET Jun 30, 2021
Prashant Jain defends PSU picks, says consumption sector extremely expensive
HDFC Mutual Fund CIO highlights oil and gas PSUs, power utility companies and engineering companies continue to be undervalued
by Source: Mint Jun 30, 2021
Majority of MF distributors are not likely to recommend passive funds: survey
Within equity funds, most respondents plumped for flexi cap category (43%) followed by mid and small cap funds (28%) and large cap funds (21%). Among debt funds, short duration funds were most in demand among investors
by Source: Mint Jun 29, 2021
SEBI order on Franklin Templeton to refund Rs 512 crore stayed by SAT
The matter has been listed on August 30, 2021 for further directions
by Source: Financial Express Jun 29, 2021
Booster dose: Govt unveils Rs 6.3-trillion package to spur growth
Includes credit guarantee schemes, steps to revive tourism, strengthen health infra
by Source: Business Standard Jun 29, 2021
Term and health insurance top priority amidst Covid-19 pandemic: Study
According to a survey conducted by Policybazaar.com, over 90% of Indians believe that Health and Term insurance is important for their financial safety and mental wellbeing
by Source: Mint Jun 29, 2021
SEBI puts on hold IPOs of GoFirst, Aditya Birla Sun Life AMC
An IPO can be kept in abeyance if inquiry is pending against the company which going public or any of its group company.
by Source:BusinessLine Jun 29, 2021
6 of top 10 firm's market cap soars over Rs 1.11 lakh cr; TCS, Infosys lead gainers
The mcap of Tata Consultancy Services zoomed Rs 30,961.06 crore to Rs 12,50,538.30 crore, the most among the top-10 firms. Infosys added Rs 29,807.59 crore to its valuation which stood at Rs 6,70,915.93 crore last week.
by Source: ET Jun 28, 2021
Rs 4,698.10 crore paid for death claims under PMJJBY last fiscal
As many as 2,50,351 death claims were filed under the PMJJBY, and of them, 13,100 were dismissed in 2020-21. The remaining 2,346 claims were being examined.
by Source: Financial Express Jun 28, 2021
These three hybrid fund strategies may help investors get high returns while dodging volatility
Returns alone cannot be the key comparison metric. Your return expectations – like in any other investment product -- should align with the risk a hybrid fund is taking.
by Source: Financial Express Jun 28, 2021
Individuals can now sell pension products: PFRDA chairman
Direct licensing will not be provided to the individual advisers by PFRDA. It will be given to them under POP-SP (point of presence-service providers) regulations
by Source: Mint Jun 28, 2021
5 big tax reliefs announced by the government for taxpayers
No tax on the amount received by employees from employers or any other person for covid treatment.
by Source: Mint Jun 26, 2021
Franklin MF moves SAT seeking stay on Sebi's Rs 5 crore penalty order
Tribunal to issue an order next week on whether plea can be admitted
by Source: Business Standard Jun 26, 2021