Sebi serves fresh show cause notice to Kotak Mutual Fund
The regulator has alleged that Kotak Mutual has violated rules that require fund houses to pay back the entire money on the declared net asset value (NAV) when a scheme matures. This is the second show cause notice sent to the fund house on the matter.
by The Economic Times Oct 10, 2020
RBI policy: What is in it for mutual fund investors?
The Reserve Bank of India may have held key rates in its bi-monthly policy review, but a slew of liquidity measures announced in the policy more than made up for the status-quo in rates.
by The Economic Times Oct 10, 2020
Bajaj Allianz Life launches Smart Wealth Goal Ulip with return of mortality and premium allocation charges
The plan not only offers one insurance and investment under an integrated plan but also addresses a critical issue related to charges in ULIP.
by Financial Express Oct 10, 2020
Gold ETFs continues to see inflows for sixth straight month in September
The category received inflows of Rs 597 crore in September, taking its year-to-date total to Rs 5,957 crore
by Business Standard Oct 10, 2020
Debt mutual fund managers react to RBI rate pause
The monetary policy committee (MPC), headed by RBI governor Shakikanta Das, kept repo rate untouched at 4 per cent; and reverse repo rate at 3.35 per cent.
by The Economic Times Oct 10, 2020
New business premiums for life insurers witness 26% growth in September
The individual single premium category is witnessing huge interest from investors, industry players said
by Financial Express Oct 9, 2020
Max Life Insurance launches 'Buy Now, Pay Later' feature
The ‘Buy Now - Pay at Approval’ feature is applicable to customers paying via a digital instrument* for online purchase.
by Mint Oct 9, 2020
Invest in a combination of active and index funds instead of sticking to one
Decide the proportion of active and index funds depending on your risk profile
by Mint Oct 9, 2020
Amfi asks Sebi to restore mutual fund cut-off time to 3 pm
Sebi had reduced the cut-off time for getting the same day's net asset value (NAV) for schemes other than liquid and overnight from 3 pm to 1 pm in April.
by Mint Oct 9, 2020
Stocks are offering 30-40%, does it make sense to invest in mutual funds anymore?
“Many of my friends have made 30-40% returns from stocks in the last few months. They are asking me to do the same instead of investing in mutual funds. What should I do?” asked Sneha.
by The Economic Times Oct 9, 2020
