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MUTUAL FUNDS NEWS
Mutual fund SIPs collect Rs 7,727 crore in September, 40% higher y-o-y
Tue, Oct 23, 2018     Source : Economic Times
Mutual funds garnered Rs 7,727 crore of assets via SIP in September, 40 per cent higher than the inflows in the same month, last year, AMFI data shows.
MUTUAL FUNDS NEWS
Principal completes acquisition of Principal Pnb AMC
Tue, Oct 23, 2018     Source : Economic Times
Principal Financial Group announced the completion of a full share buyback of PNB’s shares giving Principal full ownership of the Principal Pnb Asset Management Company Private Limited.
MUTUAL FUNDS NEWS
Largecap funds underperform their benchmarks
Tue, Oct 23, 2018     Source : Economic Times
Most of the large cap as well as mid and small-cap equity funds underperformed their respective benchmark indices over a one-year period ended June, latest data from SPIVA India scorecard shows.
MUTUAL FUNDS NEWS
Sebi raises red flag on massive commissions in large MFs' margin maths
Tue, Oct 23, 2018     Source : Business Standard
Market regulator says reason for lack of meaningful margin expansion at large AMCs could be due to large commission payouts to distributors
INSURANCE NEWS
India has second highest insurance gap in the world of $27 billion: Report
Tue, Oct 23, 2018     Source : Financial Express
India has the second largest insurance gap in the world of USD 27 billion (in absolute terms) after China, where the underinsurance or insurance gap is over USD 76 billion.
INSURANCE NEWS
Find out which annuity option suits you the best
Tue, Oct 23, 2018     Source : Economic Times
The launch of LIC's annuity plan and rising interest rates have reignited interest in the space.
NEWS
NSEL scam: Investors may get back some dues
Tue, Oct 23, 2018     Source : Economic Times
Investors are set to get back some of their dues for the first time in Rs 5,600 crore NSEL scam, according to an ETNow report quoting sources.
NEWS
Sensex falls for third day, RIL shares decline 3.5%
Tue, Oct 23, 2018     Source : Mint
BSE Sensex closed down 0.53% at 34,134.38, the broader NSE Nifty ended 0.57% lower at 10,245.25
INSURANCE NEWS
PNB MetLife adds ‘Khushi’ to insurance policyholders
Tue, Oct 23, 2018     Source : Business Line
New AI-powered app provides uninterrupted customer service
NEWS
Is short-covering overdue as FPIs pile up 1 lakh contracts?
Tue, Oct 23, 2018     Source : Business Line
On the last 2 occasions, the Nifty rallied over8% as foreign portfolio investors cut shorts
NEWS
10 smallcaps from this sector rose 70% in 34 sessions; worth a look?
Tue, Oct 23, 2018     Source : Economic Times
The last 34 sessions turned to be a disaster for the domestic equity market, as market capitalisation of the BSE-listed firms declined by nearly Rs 21 lakh crore till October 18.
NEWS
Investors can catch dips for 10-15% return in near term
Tue, Oct 23, 2018     Source : Economic Times
Index closed the previous week at 11,303 with loss of 169 points on weekly basis.
NEWS
IMF sees downside risk for global economy
Tue, Oct 23, 2018     Source : Economic Times
The International Monetary Fund (IMF) and World Bank ended its annual conference in the Indonesian resort island of Bali last week.
NEWS
After Sensex scare last week, India's top hedge fund is buying shares again
Tue, Oct 23, 2018     Source : Business Standard
'We are deploying our cash as this market is poised for a short-term rebound,' said Andrew Holland, chief executive officer at Avendus
NEWS
Exports will reach new high, says commerce secretary
Tue, Oct 23, 2018     Source : Economic Times
The Central government Monday expressed hope exports would touch an all-time high in 2018-19.
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Do you think the government will be able to prevent the Rupee from falling further?
Sep 12 , 2018

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