News From Press

Guaranteed insurance plans suit those who are ultra-conservative and are not willing to take any risk with their capital.

In the wake of Franklin Templeton wounding up six of its debt mutual fund schemes, India’s largest mutual fund distributors body has urged the Reserve Bank of India to set up a SPV to buy portfolios from troubled fund houses and pay off investors.

If you are a conservative equity investor looking to grow your investment without too much volatility over a long period, you should consider investing in aggressive hybrid schemes.

According to the data, net inflows into equity funds, which also include equity-linked saving schemes (ELSS), were Rs 81,600 crore in the last fiscal as against Rs 1,11,858 crore in 2018-19.

The National Stock Exchange (NSE) on Wednesday said it was working to equip its systems to handle crises such as that caused by the crash in crude prices.

Sebi regulations required fund houses to cap exposure to such papers at 10% of scheme assets

We need a few well-thought mutual fund categories of equity, debt and balanced

The daily AUM of such funds stood at Rs 74,709.11 crore in April, compared with `80,377.59 crore in March — declining Rs 5,668.48 crore.

The RBI took steps to inject more liquidity into the fund industry through bank loans after Franklin Templeton shocked markets by shutting six debt funds last month

Irdai has asked insurance companies to allow policyholders to pay their annual health insurance premiums on a monthly, quarterly or half-yearly basis, but not all insurance companies have provisioned for this facility and the few that have might not offer the option to all policyholders

Many wealth managers are asking their clients, especially those with deep pockets, to consider “investing’ in insurance plans that offer guaranteed returns in the wake of the ongoing crisis of confidence faced by the debt mutual funds.

Distributor's association asks regulators to extend direct credit line for industry.

Credit risk funds have seen assets decline by nearly Rs 19,000 crore in April as investors rushed to redeem their money after the closure of six debt schemes by Franklin Templeton Mutual Fund, data showed.

The global economy is already in recession. Travel and tourism, restaurants, movie theatres and scores of other businesses have suddenly come to a standstill.

​Recently, due to the coronavirus related lockdown, the tax department announced thatit would issue refunds of up to Rs 5 lakh immediately to tide over the financial emergency.