Everything you wanted to know about RBI's Special Liquidity Facility for Mutual Funds
The Reserve Bank of India announced today that it will open a Rs 50,000-core special liquidity facility for mutual funds (SLP-MF) to ease the liquidity pressure on them.
by ET Apr 28, 2020
What are Covid-19 personal loans?
The interest rate on COVID loans is lower than personal loans and vary from 8%-15% per annum. The loan term varies from 6 months to 5 years.
by ET Apr 27, 2020
How should investors, savers ride out the coronavirus storm? This is what Charlie Munger is doing
Buffett and Munger’s diaries are blank, just like those of everyone else on the planet.
by ET Apr 27, 2020
Franklin fallout: Will the financial pandemic spread to other debt mutual funds?
The Franklin fiasco, where six mutual funds were closed down by the fund house, has added to the worries of investors. To top it all, there's covid-19. Debt funds are facing the heat due to increased risk of defaults by NBFCs. Find out how to isolate your fund portfolio.
by ET Apr 27, 2020
Covid-19 policies are not a replacement for regular health insurance coverage
Covid-19 policies can be bought as a supplemental coverage, but are not a substitute for regular health insurance
by Mint Apr 27, 2020
Star Franklin Templeton manager burns in the very market he helped create
Santosh Kamath is widely acknowledged as having helped build the market for credit rated below AAA in India as a major buyer of those assets.
by The Print Apr 27, 2020
Finance Ministry, Sebi question mutual funds on Franklin Templeton fiasco
Govt gives RBI go-ahead to ensure liquidity; distributors seek special window for small investors
by Business Standard Apr 27, 2020
'Redemption pressure in high-risk, high-return funds may hit mid, smallcaps'
The current open interest levels suggest that the expiry level in the coming week may be between 8,900-9,200 levels, Equity99 founder Sumit Bilgaiyan has told Moneycontrol.
by Money Control Apr 27, 2020
What should you do with your debt mutual funds?
If you are invested in other debt schemes, try to assess funds by reviewing their portfolio of securities held
by Mint Apr 27, 2020
Mutual funds scramble to keep lid on Franklin impact, may ask for RBI’s help
While a majority of fund houses say that the debt schemes are fairly liquid at this point but could get difficult in coming weeks if lockdown is not lifted
by Mint Apr 27, 2020
View: Mutual fund industry should choose between corporate and retail money
A mutual fund halts redemptions when it is not able to sell the assets to pay investors. That’s what happened at Franklin Templeton. Assets Under Management, or AUM, of these six schemes fell between 15 and 30 percent,with Franklin India Short Term Plan in the lead, data from the fund’s website shows.
by ET Apr 25, 2020
IRDAI urges insurers to take “conscious call” on dividend payouts owing to covid-19 pandemic
The regulator said that the conservative capital management position would be reexamined later based on the financial performance of insurance companies in quarter ending September 2020.
by ET Apr 25, 2020
Link motor third-party obligation to number of uninsured vehicles: Irdai
Currently, the motor third party obligation is based on the amount of premiums an insurer collects on any given year out of motor third party business.
by Business Standard Apr 25, 2020