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Back in 2018, the fund house had put up an addendum saying, “The limit on subscriptions of units has been done with a view that increasing the size of the corpus of the scheme may prove detrimental to existing unitholders of the scheme.”

An insurer generally works on a concept where they create a fund through premiums (paid by all their policyholders) and pay the insurance claims of those policy holders who die each year, from this fund.

​Equity saving schemes are sold as `one of the safest’ investment products. A typical sales pitch goes like this: “look at the portfolio. It is debt, arbitrage, and a little bit of equity.

​​For those in the high tax bracket, if they hold these funds for more than three years, these products will also get indexation benefits, which will significantly improve the post-tax returns.

Economic discussions seem to center on whether we’re headed towards a depression or whether the shape of the recovery will be a V, U or L. I do not agree with comparisons to the Great Depression given the stark difference in the fiscal and monetary policy responses.

Even as investors recently lost most of the gains made during the first half of the previous fiscal, market participants are busy chalking out plans on how to tide over the troubles that the new financial year brings.

The loan deferment is a welcome move for the borrowers who are facing any cash flow mismatch on account of the recent outbreak of Covid-19.

While there is a cap on what private labs can charge for the covid-19 test, there is no limit on how much private hospitals can charge for treatment

Whenever there is a high level of fear or panic, either in the economy or the markets, money tends to move into gold.

One approach that can boost long-term profitability involves increasing equity allocation as the markets fall, and decreasing it as they rise, instead of adhering to a fixed allocation

As a thumb rule and to keep it simple, we’ve married asset classes, equity and debt (fixed income) to age appropriateness to get you started. However, please take professional help in deciding asset allocation that works for you according to your individual circumstances, current savings and investments, income level and goals.

Such times have proven to be attractive for long-term equity investing opportunities: S Naren.

Gone are the days when individual investors used to press the panic button on seeing their portfolio turning red. Now, most of them believe that crashes like this offer a great investment opportunity where many quality stocks are available at a cheaper valuation.

Similar steps are also initiated by governments of various countries which could result in disruption in the operations of reinsurers, Irdai said.

Prashant Tripathy, managing director and chief executive of Max Life Insurance, spoke to Subrata Panda on how the sector will be impacted, the change in strategy of the company