Buying insurance just got easier, thanks to eKYC
The eKYC option will enable insurers to replace a set of documents such as photograph, identity and address proof with Aadhaar
by Mint Apr 25, 2020
Brokers body seeks Sebi, FinMin intervention as Franklin closes 6 MF schemes
Such an extreme step has created panic among their investors as well as mutual fund investors in other debt schemes across AMCs, says ANMI
by Mint Apr 25, 2020
Next 3 months will be critical for Indian Mutual Funds, FIIs: Mohammad Hassan
India is still standing out among emerging markets, says Head Analyst for Hedge Funds at Eurekahedge.
by ET Apr 25, 2020
How Franklin Templeton MF shot in the foot & put Rs 30,000 crore investor wealth at risk
These funds have a huge exposure of Rs 14,564 crore to non-banking finance companies.
by ET Apr 25, 2020
Amfi in damage control mode after Franklin shuts funds
Liquidity, maturity profile and credit quality for other debt funds is appropriate for day-to-day operations to continue uninterruptedly, Amfi said
by Mint Apr 25, 2020
Take your eyes off Sensex, look at your troubled debt mutual fund portfolio. Here is how to fix it
As we all know coronavirus has locked down more than half of the world population, including our entire nation, disrupting our daily lives, markets, business, jobs and incomes.
by ET Apr 24, 2020
One month of lockdown: Small-caps outperform Sensex, mid-caps
The S&P BSE Small-cap index has recovered 26 per cent as compared to a 23 per cent rise in the S&P BSE Sensex
by Business Standard Apr 24, 2020
Extend Rs 50 lakh Covid health cover to all essential service providers, urges FICCI
While the treatments of COVID-19 in government hospitals are free, most of the private hospitals would provide free or concessional treatment to their affected staff.
by Financial Express Apr 24, 2020
Life insurers see a 32% drop in new premium collection in March: IRDAI data
Country’s largest insurer, LIC's new premium collection drops 31%. Nearly all financial metrics saw significant decline due to covid-19 lockdown even as the full FY20 saw 25% growth in fresh premium collection for the insurance behemoth.
by ET Apr 24, 2020
No mass cancelation of SIPs, practical difficulties slowing down flows: Sunil Subramaniam
With rigid lockdown, we created our own Black Swan event, but medically, it is perfect, says MD & CEO, Sundaram Mutual Fund.
by Economic Times Apr 24, 2020
Market correction prompts MFs to cut exposure to banks, invest in pharma
Fund managers say reduced exposure to banking can be attributed to a combination of factors
by Business Standard Apr 24, 2020
SEBI eases valuation of debt investments of mutual funds
In a circular issued on Thursday, SEBI said mutual funds have to arrive at a process to ascertain case-to-case whether the default by the issuer was due to the nationwide lockdown and the three-month loan moratorium and deferment on payment permitted by the RBI.
by Business Line Apr 24, 2020
Did the stock market fall hit your goals adversely? Here are some strategies to deal with the crisis
Many investors are trying to behave like hedge fund investors to deal with the situation. Some of them are moving all their monies to cash in the anticipation that things will get worse, and they will be able to get back at a much lower price.
by ET Apr 23, 2020
4 thumb rules to sail through the market turbulence
Asset allocation is not just the best thing, it’s the only thing.
by ET Apr 23, 2020