What to expect from debt mutual funds after budget and RBI policy?
This time the budget has estimated a higher deficit, if the government underspends the deficit might surprise on the positive side.
by The Economic Times Feb 13, 2021
Irdai warns against buying motor insurance policy from this fraudulent website
The insurance regulator clarified that Digital National Motor Insurance has been selling motor insurance policies, although it has not been licensed or granted registration by the regulator to sell insurance policies of any kind
by Mint Feb 13, 2021
Three questions you may still have related to new rule around Ulip taxation
The gains from Ulips are not exempted under Section 10(10D) in case the sum assured is less than10 times the annual insurance premium of the policy
by Mint Feb 13, 2021
How much money can Franklin investors expect to get back by Feb 15?
In a note to investors, Franklin Templeton President Sanjay Sapre explained the process and modalities of the payment of the first tranche. Investors must note that payments from 15 February to investors whose accounts are KYC compliant with all details available.
by The Economic Times Feb 13, 2021
Number of life insurance policies bought by women shrinks 12% in 2019-20
Overall, new individual policies issued by life insurers stood at 2.88 crore for 2019-20, registering a marginal rise of 0.69% over 2.86 crore policies sold in the previous year
by Mint Feb 12, 2021
Mutual funds stay strong in SIP game as lump sum flows dwindle since July
Industry in January registered over 1.6 million SIPs, 58 per cent more than the previous nine-month average
by Business Standard Feb 12, 2021
Mis-selling complaints go down, shows Irdai report
While complaint resolution becomes robust, don’t forget to check claims settlement
by Mint Feb 12, 2021
Investors in shuttered schemes of Franklin Templeton to get cash beginning February 15
As of January 15, five schemes have cash in their portfolios. unitholders of Franklin Templeton Ultra Short Term Fund will get Rs 5075 crore, Low Duration Fund Rs 1625 crore, Short Term Income Fund Rs 469 crore, Credit Risk Fund Rs 926 crore and Dynamic Accrual Fund Rs 1025 crore.
by The Economic Times Feb 12, 2021
Large-cap PMS schemes fall behind benchmark index returns in January
Many schemes fell behind in the run-up to the budget as markets corrected
by Business Standard Feb 12, 2021
RBI pushes yield on 10-year G-secs back to below 6%
The central bank accepted bids for 10-year and five-year bonds at 5.97% and 5.54% respectively in the latest auction
by Mint Feb 12, 2021