Amid rising disposable income levels and better health, education and housing conditions, as much as 85 per cent of middle income earners in India feel a greater need for additional insurance to protect their lifestyles, according to a survey. According to the ING Investor Dashboard Survey for the second quarter of 2011, more than 75 […]
The much-awaited bancassurance guidelines might take some more time to come out. The regulator is considering the reaction to certain issues, such as protests from bank-backed insurance companies and the Life Insurance Corporation of India (LIC). The bancassurance report, which came out in June, recommended that banks be allowed to tie-up with two types of […]
The growth and evolution of the industry over a period of time has also witnessed a change in the behaviour and demand pattern of high networth clients. The Indian high networth individual class has evolved from being a homogenous group to a relatively heterogeneous one. In the past, high net-worth individuals were typically second- and […]
IFCI Ltd has come out with IFCI Infrastructure Bonds Series III . Having Benefits under section 80CCF of the income Tax, 1961 for Long Term Infrastructure Bonds. The Bonds are first for the year 2011-12. Main points of the issue are: * The issue will open on September 21, 2011 and will remain open till […]
Call it a professional hazard. Most of my meetings with friends start with a standard line: hey, I was thinking of calling you. Would you please give me numbers of some good financial planners or advisors? Nothing wrong with the request per se, considering I write on the topic. But the trouble is that we […]
ICICI Prudential Regular Gold Savings Fund NFO Open: Sep 20 NFO Closing: Oct 04 About An Open Ended Fund of Funds Scheme 95-100% Units of ICICI Prudential Gold Exchange Traded Fund 0-5% Debt & Money Market Instruments Objective ICICI Prudential Regular Gold Savings Fund (the Scheme) is a fund of funds scheme with […]
Tata SIP Fund – Series 3 NFO Open: Sep 20 NFO Closing: Sep 30 About An Open Ended Equity Fund 65-100% Debt, Money Market & Securitized Debt Instruments 0-35% Equity and Equity Related Instruments Objective The Primary Investment Objective of the Scheme is to achieve a long term growth. The scheme seeks toachieve […]
SBI Capital Protection Oriented Fund – Series III NFO Open: Sep 15 NFO Closing: Sep 29 About A Close Ended Capital Protection Oriented Fund (36 Months Plan) 82-100% Debt securities & money market instruments 0-18% Equity and equity related instruments including derivatives Objective The primary objective of the scheme is to protect the […]
Birla Sun Life Capital Protection Oriented Fund – Series 7 NFO Open: Sep 15 NFO Closing: Sep 29 About A Close Ended Capital Protection Oriented Fund (36 Months Plan) 80-100% Debt securities & money market instruments 0-20% Options premium Objective To seek capital protection by investing in high quality fixed income securities maturing […]
