IRDAI issues clarification on cashless claims in Covid-19 cases
FM has also clarified that cashless service will be available at all places
by Source:BusinessLine Apr 23, 2021
SBI MF likely to be listed in Q1 of FY23, says SBI MD
A blip or a pause of three months should not affect the long-term story of our economy, says Ashwani Bhatia, MD, State Bank of India
by Source: ET Apr 23, 2021
What investors learnt from the Franklin fiasco
Ever since Franklin Templeton shut its six debt schemes on April 23, 2020, investors have been asking the question or variations of it to their advisors, fund managers and media persons.
by Source: ET Apr 23, 2021
One year of FT MF debt saga: Asset manager sees 20% drop in holdings
Market participants say if the fund house is able to put the 2020 debacle behind by returning money to investors of the six debt schemes, it can make a strong come back
by Source: Business Standard Apr 23, 2021
Online MF platforms may find it hard to give advice
Platforms can provide advisory services only after an agreement is signed with the client, Sebi said
by Source: Mint Apr 23, 2021
Bond fund investors must follow these 4 ways to beat inflation: Expert
For investors in bond funds, these strategies - better yields than inflation, reinvestment, barbell strategies, and credits - are where we see the best opportunities
by Source: Business Standard Apr 22, 2021
Sebi directive of April 1 may put the brakes on MF dividends in FY22
Operational and compliance challenges foreseen for fund houses in deducting tax at source, resulting in possible TDS mismatches and disputes with investors
by Source: Business Standard Apr 22, 2021
Insurers eye increase in third party motor premium rates
The new rates for 2021-22 are yet to be notified by IRDAI
by Source:BusinessLine Apr 22, 2021
Life insurance giant LIC earns Rs 1.84 trillion in new premium in FY21
The insurer earned about Rs 1.27 trillion under pension and group insurance schemes last year
by Source: Business Standard Apr 22, 2021
‘Keep a portion liquid to tackle emergencies’
Aegon Life CEO keeps the faith in equities for his long-term money goals
by Source: Mint Apr 22, 2021
MF Vs PMS: Which is a better investment option for retail investors?
There are many ways to invest in equities – direct investment in stocks, through Mutual Fund (MF), through Portfolio Management Service (PMS) etc.
by Source: Financial Express Apr 22, 2021
Max Life Insurance launches term plan with Special Exit Value option
The policy is available to 18 to 65 year olds. It offers coverage against diagnosis of terminal illness with accelerated pay-out from the base life cover of up to Rs1 crore
Posted on Apr 21, 2021
‘There is volatility, but there is also opportunity’
Swarup Mohanty, CEO, Mirae Asset, says the step is aimed to discourage heavy inflows in the mid cap, focused and tax-saving funds
by Source: ET Apr 21, 2021
Top level exits continue at Franklin Templeton
The latest to exit the embattled mutual fund is its national sales director Peshotan Dastoor, who has quit after spending 13 years with the firm
by Source: ET Apr 21, 2021
Motor, crop insurance biz declines, health rises 11%
In the motor portfolio, motor third party (TP) premium — which has not been hiked by the Insurance Regulatory and Development Authority of India (Irdai) in FY21 — has grown 5 per cent to Rs 10,650 crore.
by Source: Indian Express Apr 21, 2021