News for 'ICICI Prudential'

'Invest in MFs or move to FDs?'

'Invest in MFs or move to FDs?'

Rediff.com6 Oct 2020

Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.

'Market is pricing rate hike up to December'

'Market is pricing rate hike up to December'

Rediff.com13 Jun 2022

'There will be a series of rate hikes, but the pace and quantum will depend on how the economy in the US and the rest of the world behave.'

Silver may outperform if China doesn't relapse into lockdowns

Silver may outperform if China doesn't relapse into lockdowns

Rediff.com30 Jan 2023

Silver, which is currently trading at Rs 68,453 per kilogram, has appreciated 21.7 per cent over the past three months. Investors, however, shouldn't get carried away by its recent performance and put their money in it. Instead, they should evaluate its pros and cons and then take a considered decision based on their risk appetite.

Large cap and mid cap MFs you must buy!

Large cap and mid cap MFs you must buy!

Rediff.com6 Nov 2019

If you want his advice on your mutual fund investments, please mail your questions to getahead@rediff.co.in with the subject line, 'Mutual Fund Query', along with your name, and Omkeshwar will offer his unbiased views.

Ask MF Guru: 'How to plan for retirement?'

Ask MF Guru: 'How to plan for retirement?'

Rediff.com11 Aug 2021

Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.

Life insurers' new biz premium down 17% in Feb, LIC collections shrink 32%

Life insurers' new biz premium down 17% in Feb, LIC collections shrink 32%

Rediff.com17 Mar 2023

Life insurance companies reported a 17 per cent year-on-year (YoY) drop in new business premium (NBP) in February as state-owned Life Insurance Corporation of India's premiums contracted 32 per cent during this period on account of a drop in its group single premium segment. According to data released by the Life Insurance Council, the industry earned an NBP of Rs 22,847.65 crore in February - a drop of 17 per cent from the same period a year ago.

Mutual funds flock to silver ETF space with new schemes

Mutual funds flock to silver ETF space with new schemes

Rediff.com28 Aug 2022

Mutual funds have launched a clutch of new fund offers in the silver ETF (exchange traded fund) category this year and collected Rs 1,400 crore in assets after the introduction of the newly-created investment asset class by market regulator Sebi in 2021. Further, fund houses including Kotak Asset Management Company have filed draft documents with the markets regulator to float silver ETF as well as silver ETF fund of funds for investors, information with the Securities and Exchange Board of India (Sebi) showed. These NFOs (new fund offers) are providing an opportunity to the investors to digitally invest and own silver which is easily tradable during market hours.

Want to Invest in Dynamic Bond Funds?

Want to Invest in Dynamic Bond Funds?

Rediff.com4 Aug 2021

Before you invest, check the fund manager's track record in managing such a strategy, asserts Sarbajeet K Sen.

Ask MF Guru: 'I want Rs 50 lakhs in 5 years'

Ask MF Guru: 'I want Rs 50 lakhs in 5 years'

Rediff.com9 Sep 2021

Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.

'Mutual Funds never provide guaranteed returns'

'Mutual Funds never provide guaranteed returns'

Rediff.com21 Oct 2022

Nikunj Saraf, Vice President Choice Wealth, answers your mutual fund queries.

ICICI Bank Q4 net beats forecast, sees bad loans situation improving

ICICI Bank Q4 net beats forecast, sees bad loans situation improving

Rediff.com27 Apr 2015

ICICI Bank puts up a good show in Q4.

'Want a corpus of Rs 1.75 cr in 7 years'

'Want a corpus of Rs 1.75 cr in 7 years'

Rediff.com8 Jun 2021

Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.

Fund managers welcome Fed stance, expect RBI to cut rates

Fund managers welcome Fed stance, expect RBI to cut rates

Rediff.com18 Sep 2015

Domestic fund houses are of the view that the US Fed's status quo stance on rates is a positive indication for RBI to lower its lending rates.

IPO fundraising hit a 6-year high in FY17

IPO fundraising hit a 6-year high in FY17

Rediff.com27 Mar 2017

A total of 25 companies raised Rs 28,220 crore during the financial year.

Close-ended equity funds disappoint investors

Close-ended equity funds disappoint investors

Rediff.com22 Mar 2021

Close-ended equity funds, launched with fanfare three years ago, have disappointed investors with their dull returns. The data from Value Research shows 10 out of 17 close-ended schemes maturing before July have seen one-year returns between 34 and 40 per cent. In comparison, the Sensex Total Return Index (TRI) has rallied 46 per cent over the past one year.

Life insurers' new business premium spikes 42% at Rs 27,177 cr in Nov

Life insurers' new business premium spikes 42% at Rs 27,177 cr in Nov

Rediff.com9 Dec 2021

Life insurers' new business premium (NBP) reported stellar performance in November after a poor showing in October, on the back of strong growth in group single premiums for both private insurers and Life Insurance Corporation (LIC) of India. In November, 24 life insurers, including LIC, reported NBP to the tune of Rs 27,177 crore, up 42 per cent year-on-year (YoY) from the year-ago period. Private insurers' NBP rose 58.63 per cent YoY to Rs 11,209.75 crore as group single premiums more than doubled during this period.

IPO: Why govt decides not to lower face value of LIC

IPO: Why govt decides not to lower face value of LIC

Rediff.com28 Mar 2022

The Centre's decision to not reduce the face value of shares of India's Crown Jewel - Life Insurance Corporation (LIC) - was taken to make shareholders feel they are acquiring something 'precious'. The face value of LIC's shares was retained at Rs 10, quoted in the draft prospectus, as it would also align the insurer's shares with those of its private sector peers. Even as the LIC Act was amended to "consolidate or reduce the nominal or face value of the shares", with the Centre's approval, it was decided to stick to the current face value of shares at Rs 10 without splitting the existing 6.32 billion shares.

Trade unions against increasing pension, retirement age

Trade unions against increasing pension, retirement age

Rediff.com24 Feb 2015

The pensioners have been agitating for last 18 years

Want To Invest In ESG Funds?

Want To Invest In ESG Funds?

Rediff.com10 Mar 2022

'Funds based on this theme offer socially conscious investors an option to invest in a portfolio that is aligned to their beliefs.'

I-Pru Life: Retail focused portfolio, no investment risks augur well

I-Pru Life: Retail focused portfolio, no investment risks augur well

Rediff.com4 Jan 2021

The life insurer tinkered with its business strategy - raised the share of protection plans and reduced dependency on ULIPs in the past four years.

Life insurers shell out crores as Covid-19 death claims

Life insurers shell out crores as Covid-19 death claims

Rediff.com29 Mar 2021

As of March 25, life insurers have paid Rs 1,986 crore towards 25,500 Covid death claims

FinMin exempts MFs from foreign-investor status

FinMin exempts MFs from foreign-investor status

Rediff.com17 Jan 2020

Last October's circular meant that downstream investment by such funds by way of subscription or acquisition of shares would have been considered "indirect foreign investment" if their investment manager or sponsor is owned or controlled by a non-resident. The finance ministry has now said that mutual funds that invest more than 50 per cent in equity shall be omitted from the Securities and Exchange Board of India (Mutual Funds) Regulations, 1996.

It's raining remuneration at MF houses!

It's raining remuneration at MF houses!

Rediff.com4 May 2016

Sebi wanted to know how much Mutual Fund head honchos were paid. A look into who got how much...

Why you must NOT invest in too many MFs

Why you must NOT invest in too many MFs

Rediff.com6 Nov 2020

Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.

Creditors of cash-strapped DHFL claim dues worth Rs 87,905.6 crore

Creditors of cash-strapped DHFL claim dues worth Rs 87,905.6 crore

Rediff.com31 Dec 2019

Of the total, the financial creditors - banks, bond holders and other financial institutions - have claimed Rs 86,892 crore.

Domestic mutual funds remain strong buyers

Domestic mutual funds remain strong buyers

Rediff.com6 Sep 2021

Domestic mutual funds (MFs) and foreign portfolio investors (FPIs) have been net buyers of stocks in August. Domestic fund houses have continued to invest in stocks, propelled by the success of various new fund offers (NFOs) and strong flows into equity funds. MFs had purchased stocks worth more than Rs 8,300 crore until August 23, according to the data provided on the Securities and Exchange Board of India (Sebi) website. Jimmy Patel, MD and CEO at Quantum AMC, says: "The surge in equity investments by MFs is because of two key reasons. One, equity NFOs are getting a strong response from investors, and fund houses need to deploy that money in the markets.

MF GURU: 'I want to make Rs 5 cr in 15 years'

MF GURU: 'I want to make Rs 5 cr in 15 years'

Rediff.com15 Sep 2022

Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.

Rakesh Jhunjhunwala sees NDA government

Rakesh Jhunjhunwala sees NDA government

Rediff.com5 May 2019

Rakesh Jhunjhunwala sounded another note of caution on the nature of the latest bull run.

In a first, RBI sends DHFL to NCLT for debt resolution

In a first, RBI sends DHFL to NCLT for debt resolution

Rediff.com29 Nov 2019

Most banks led by the State Bank, have or are going to declare DHFL account as NPA in the third quarter.

LIC to join league of top global insurance firms

LIC to join league of top global insurance firms

Rediff.com29 Apr 2022

When Life Insurance Corporation (LIC) of India gets listed on the bourses next month, it will be among the biggest listed life insurers globally in terms of market capitalisation (m-cap), assets, and revenue, but will also be among the least profitable and capitalised among its peer group. A big gap between LIC's m-cap, profits, and networth (shareholder capital) will make it one of the priciest insurers globally, in terms of price-to-earnings (P/E) multiple and price-to-book value (P/B) ratio. LIC also lags behind its Indian listed peers in terms of profit and networth.

Mutual funds to buy now!

Mutual funds to buy now!

Rediff.com17 Mar 2020

Wondering if mutual fund investments can earn you enough money for your retirement and child's marriage? Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.

HDFC raises over Rs 14,000 cr; closes QIP issue

HDFC raises over Rs 14,000 cr; closes QIP issue

Rediff.com12 Aug 2020

The housing finance major issued non-convertible debentures and warrants to raise another Rs 4,000.03 crore.

Want to invest in quant funds? Read this

Want to invest in quant funds? Read this

Rediff.com28 Jun 2021

Quant funds have a very short track record, and have underperformed so far, reveals Sarbajeet K Sen.

'MF Guru: Suggest a portfolio for wealth creation'

'MF Guru: Suggest a portfolio for wealth creation'

Rediff.com6 Dec 2022

Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.

Insurers, MFs worried about impact of Sitharaman's tax 'sop'

Insurers, MFs worried about impact of Sitharaman's tax 'sop'

Rediff.com2 Feb 2020

While the proposed new tax regime is optional for taxpayers, the finance minister has said the government eventually wants to do away with all exemptions with a lower tax-rate simplified structure.

Markets end flat amid choppy trade; Nifty holds 8,700

Markets end flat amid choppy trade; Nifty holds 8,700

Rediff.com14 Sep 2016

PSU bank shares were the top gainers on hopes of a rate by the RBI on easing consumer inflation

MFs see record outflow in Oct; may turn net sellers

MFs see record outflow in Oct; may turn net sellers

Rediff.com6 Nov 2020

Analysts attribute this withdrawal trend to the nervousness ahead of US presidential elections and the fact that the markets raced ahead even as the economic recovery remained fragile back home.

How private insurance cos are making life difficult for LIC

How private insurance cos are making life difficult for LIC

Rediff.com28 Jun 2019

Private insurance firms say, over the past few years, they have been investing on digital technologies to reach semi urban and rural areas.

'Earned 75k dividend from my MF': Hold or sell?

'Earned 75k dividend from my MF': Hold or sell?

Rediff.com16 Dec 2020

Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.

HDFC urged to reduce stake in insurance arms

HDFC urged to reduce stake in insurance arms

Rediff.com19 May 2020

In HDFC Life, the company has to pare 1.43 per cent, and in HDFC Ergo, it has to pare only 0.58 per cent.