SEBI Chairperson Madhabi Puri Buch said that the market regulator will reintroduce a new combo product in which it will allow bundling of term insurance cover with mutual funds, according to a few ...
The industry experts believe that market will continue to see outflow while stocks with better fundamentals will remain the industry’s favorites.
The Union Budget presented by the FM introduces new measures, modifies old norms and extends time limits to further enhance the business activities in the IFSC.
However, since Cat I and Cat II are pass through vehicles, there will be no tax at a fund level. Investors will have to pay ...
The most remarkable aspect of the Union Budget 2025 is the bold revisions in the Income Tax slabs and rates which significantly benefits the middle class and has a direct positive impact on ...
In fact, in mutual funds, KYC data of new clients has to be uploaded within 7 days of validation of the KYC status. Also, KRAs have started putting KYC details of existing clients and it will be ...
The government has proposed introduction of a tax rebate for individuals having taxable income of up to Rs.12 lakh per annum in the new tax regime. If we include standard deduction of Rs.75,000, ...
PPFAS MF has the highest cash holding of 21.1% of its equity value. SBI MF is second in the ranking with 8.3% of its equity ...
Non life and health insurers cannot discontinue senior citizen health policies without taking the regulator’s approval.
Even as the sharp fall in the equity market has led to losses for systematic investment plan (SIP) investors over the one-year period, the pace of inflows into equity mutual funds (MFs) is unlikely to ...
Mumbai: In a major relief for senior citizens struggling with rising healthcare costs, the Insurance Regulatory and Development Authority of India (Irdai) has stepped in to curb steep health insurance ...
I had purchased Star Assure insurance policy, with a coverage of Rs 20 lakh, from Star Health. I ported to HDFC Ergo Optima Secure policy in August 2024 with a base cover of Rs 15 lakh. The reduction ...