The insurance regulator said the amendments will promote ease of doing business and simplify the process of setting up an insurance in India.
One of the demands if for uniform taxation of capital gains from mutual funds and Unit-Linked Insurance Plans issued by insurance companies.
In case of redemption or repurchase of units, the fund houses are told to payout the proceeds within three working days.
Instead of buying or selling, the time may be right to review your portfolio in the context of your financial goals.
Foreign banks are offering a higher rate of interest compared to leading private and public sector banks. These banks are offering interest rates as high as 7.25 percent.
It’s difficult to gauge fund manager performance in a PMS, due to disparity in composition and benchmarks. But it can be done
Pharma stocks are likely to make a come back once the interest rates cool down and uncertainty reduces globally
The income-tax department has launched a new helpdesk facility that can help you, in real-time, file your taxes. Although the facility was launched on November 14, it has still not gone live.
Out of more than 235 equity diversified mutual fund schemes, 31 schemes are at least 25 years old. Some of these schemes have created significant wealth for investors who have been patient enough to stick around
The crash in share prices of technology companies on the US markets reminds us of a painful lesson: Don’t let employee stock option plans become too big in your investment portfolio
An annual portfolio review allows you to take a close look at what’s working in your portfolio and what’s not. But any big life changes like marriage, birth of a child, death in the family, and inheritance are also occasions for you to revisit your investments.
Investing at market peaks at the dotcom bubble in 2000 and the global market highs of 2007 would have given good results, had you stayed invested. But you get better returns if you keep some cash aside to jump in at every correction.
Motilal Oswal S&P 500 Index Fund, Motilal Oswal MSCI EAFE Top 100 Select Index Fund and Motilal Oswal Nasdaq 100 Fund of Fund will reopen for fresh subscription.
The rider benefit offers up to a 40 percent renewal discount or cash-back to policyholders with limited car usage. This is applicable to the own damage component, and not the mandatory third-party insurance element
Investors should not be overly worried by the sharp fall in US tech stocks as a reset is underway, and it is a healthy one, says Jonathan Curtis, who also leads the Franklin Technology Fund research team overseeing technology companies
Interest on home loans has risen lately, making house purchases that much costlier. However, owning a house does give a feeling of security that isn’t easy to quantify mathematically.
The markets expect the US Fed to stop hiking interest rates and start reducing them as early as 2023. However, Sonal Desai of Franklin Templeton Fixed Income global says that’s not going to happen and the US Fed will cut rates only in 2024.
The co-branded cards are aimed at fans of Tata brands, offering maximum benefits to users of the Tata Neu app for shopping.
Since mutual fund managers advocate long-term investing, it pays if such funds hold on to their underlying shares for the long-term. Funds with a low portfolio turnover do just that. And here’s what they bought recently.
Investing or exiting based on short-term performance, seen during bull and bear phases, is best avoided. Also consider the portfolio, as the outperformance may be due to investments in risky bets.
A pet insurance policy offers to financially secure the overall health and well-being of your pets by taking care of treatment costs and even third-party liability if the pet happens to bite someone or damage property.
Insurance benefits could be differentiated on the basis of designation, salary, family size, or a combination of these factors.
Small finance banks and smaller private banks top the FD interest rate charts on tax-saving deposits
This scheme may work for sophisticated investors who have a view on the financial services sector and want to go beyond its largest component – banks.
"It isn’t easy to make money in the stock markets. The right step here should be to start investing in an index mutual fund. And once you start tracking the market you potentially might develop a liking for a particular sector."