The KYC parameters now include declaration of the gross annual income or net worth.
While stocks are at cheap valuations, the volatility can be unnerving.
Twenty years after India's insurance sector was opened up, unshackling the control of state-owned companies, as many as 50 private players have set up shop. Along with their foreign partners, private players have brought about a sea change in the product offering, distribution and underwriting processes, and services levels. Yet, India's insurance penetration needle has not moved much.
Index heavyweights Reliance Industries and ITC were the top losers along with ICICI Bank and SBI
Credit profiles have turned healthier from a year ago
Bupa and Axa have already declared their intention to raise stakes.
New-generation private sector banks such as ICICI, HDFC, Axis, Kotak etcetera owe their existence to the recommendations of the first Narasimham Committee.
Subramaniam feels it does make sense to have some overlay in lump sum if one has the cash to do so.
S Naren, CIO of ICICI Prudential Mutual Fund, in an interview with Chandan Kishore Kant, says cyclicals will offer good value.
Invest 5 to 10 per cent in a banking sector fund. Ensure that mutual fund's portfolio includes all three players -- private sector banks, public sector banks and NBFCs.
They are suitable for a 3-5 year horizon. Choose equity funds for longer than 5 years
'A fund investor could pick, say, three of the top active funds in any given category.'
Stockmarket Gurus Raamdeo Agrawal, Manish Gunwani, S Naren and Nilesh Shah discuss their favourite themes for the New Year.
'As our per capita income increases and various demographic segments emerge, the need for various kinds of protection and risk covers will become even more explicit.'
Salil Dhawan reveals the MFs that have not only performed well in the past but have a promising outlook for the future too.
Fund managers weren't too worried in 2014, as it was a year of positive surprises.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Wiping off nearly Rs 4 lakh crore of investors' wealth during the day, benchmark Sensex crashed on Friday.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
But experts say downside limited, pockets of opportunities for investors
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.
A glance back at some of the important ups and down Indian Inc faced in 2018.
