Roopam Asthana, CEO and whole-time director, Liberty General Insurance Ltd, answers your queries on HEALTH and AUTO insurance.
Since you are betting only on a few stocks, the risks are high.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
'Mr Modi has inherited a system that taxes businessmen and fritters the money away over ministries.'
The Reserve Bank has revoked the deposit-taking status of Dewan Housing Finance (DHFL), the first financial services firm to go for bankruptcy proceedings, and has reclassified it as a non-deposit taking housing finance company, before approving the Piramal group's bid to take over it towards the end of the resolution process. The revelation comes in the June 7 NCLT Mumbai order that has approved the Rs 35,250-crore bid for the once second largest mortage lender by Piramal Capital & Housing Finance, forcing over 65 per cent haircut on the creditors and just Re 1 to its NCD holders to whom it owes more than Rs 45,000-crore. On the 14th page of the 86-page NCLT order by HP Chaturvedi and Ravikumar Duraisamy, it says DHFL no longer is a deposit taking NBFC but a non-deposit taking one.
Gains in financial shares capped further downslide.
Money flowing into the equity schemes of mutual funds is back at a level last seen before the 2008 financial crisis, when the stock market tanked 60 per cent.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Sharma would be 60 in November 2018, and would have completed 10 years as Axis Bank's CEO the following year in June.
'In 2022, active management, long-short strategies, multi-asset strategies, and asset allocation strategies need to be considered to meet long-term investment goals.'
To be fair, one year is too short a period to judge the schemes' performance.
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
'Internet, healthcare and life insurance are a few sectors which offer solid long-term decadal potential.'
'The government should refrain from 'adventurism' and 'megalomania'.' 'But this should be true of reckless government action against every Indian, whether or not they are wealthy or have access to the finance minister even when he is in hospital,' says Aakar Patel.
The BSE SmallCap index gained 106 per cent in the one year ended May 12, 2021.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Fund managers have been advising investors not to keep their return expectation higher
A formal sector worker can contribute towards pension scheme till the age of 58.
If you are diagnosed with a critical disease, then its treatment would be very expensive and may require intensive care and hospitalisation which your comprehensive insurance plan may not cover. In such type of cases you have to pay the cost of the whole treatment.
HDFC Life has a balance between traditional policies and Ulips
Ulhas Joshi, Head -- Sales, Rank MF, a mutual fund investment platform, answers your queries.
Increasing awareness about mutual funds, ease of transactions through digitisation and sharp surge in equity markets have aided asset management companies to add a staggering 3.17 crore investor accounts in 2021-22, with experts saying the trend is likely to continue this fiscal as well. This was a significant rise from 2020-21 when 81 lakh accounts (or folios in mutual fund parlance) were opened, data with the Association of Mutual Funds in India (Amfi) showed. The ongoing financial year too appears to be promising in terms of folios as increase in investor accounts will enable people to move beyond fixed deposits and savings accounts, said Priti Rathi Gupta, founder of LXME, a financial platform for women.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
The tax filing season is here, and mutual funds have launched tax-saving products.
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
The exploration company will buy back shares from January 23 and extinguish them.
Add a term plan with a child mutual fund for best results.
In 2021, there is the risk of interest rates spiking. Investors should tackle duration risk with a longer investment horizon, suggests Sanjay Kumar Singh.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
During the current financial year, 25 companies have raised Rs 28,220 crore through IPOs
Despite uncertain times and market volatility ahead, investors should continue with their disciplined investing via SIPs.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
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.
Given its focus on the real estate sector, financial planners feel this scheme is not meant for first-time investors and any investor should only have 5 to 10 per cent exposure to this fund.
Index heavyweights Reliance Industries and ITC were the top losers along with ICICI Bank and SBI
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Zee and its lenders had decided to enter into an agreement to not offload the pledged shares amid a sharp slide in the prices of the underlying securities during end-Janury. The terms give the lenders a greater say, upside benefit from the proposed strategic sale, more cover and personal guarantee.
No fund houses could muster the courage to launch equity funds during the period and the sector lost a lot of its equity assets.
Investment experts said the key to generating superior returns was "asset allocation" and taking money out of the table from themes that have performed well and into themes that are available at a discount.
