Balanced funds are suitable for investors who have low-risk appetite or are new to equities.Those with more than seven-year investment horizon should look at funds that have higher equity exposure.
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.
Private sector market leader ICICI Prudential has reported just a 20 per cent rise in new retail business weighted premiums during March, 2008, and a 40 per cent rise for the quarter ended March 2008. That has dragged down ICICI Prudential's growth for 2007-08 to below 70 per cent. The average for the first 11 months was 80 per cent.
ICICI Pru's IPO is being managed by 10 investment banks, including Bank of America Merrill Lynch and ICICI Securities
'The number of first-time investors into MFs can grow four times more than the current rate if we are able to accept the bank KYCs.'
Sanjay Sachdev of Shinsei Bank and Ajay Srinivasan of Prudential Corporation Asia give their views on where the markets are headed.
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.
Biocon has tied up with ICICI Prudential Life Insurance to market its insulin, Insugen. Accordingly, the company will offer insulin at a subsidised rate to all 'diabetic care' insurance policyholders of the insurance company.
Most banks led by the State Bank, have or are going to declare DHFL account as NPA in the third quarter.
ICICI Prudential AMC has launched the ICICI Prudential Micro Systematic Investment Plan (MSIP) with a minimum investment of just Rs 50 per month.
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.
Top Indian private sector lender ICICI Bank, which owns nearly 68 percent of the insurer, is selling up to 181.34 million shares in the IPO.
Both indices are down nearly 9 per cent from their all-time highs in mid-January. A sharp reversal seems difficult this time as the peak impact of the virus is yet to play out.
Real estate giant DLF announced on Tuesday its tie-up with US-based financial player Prudential Financial, Inc for a foray in life insurance business and said the two partners will invest about Rs 10 billion over the next ten years in the venture.
S V Ramanan, CEO, CAMS Repository Services, answered readers' queries on electronic insurance in an online chat with readers August 6
Thanks to the recapitalisation by the government and measures taken by the central bank, collapse of any large housing finance company won't pose as big a risk as it had six months ago.
Investors can take exposure in such schemes. Selection of funds, however, is very important
Chief Investment Officer of Prudential ICICI, Nilesh Shah discusses the current situation of the market in terms of inflows, valuations and the general consensus on the market.
Debt funds have exposure of nearly Rs 8,000 crore to Zee group papers. Aditya Birla MF, HDFC MF, Franklin Templeton MF, and ICICI Prudential MF have the highest exposure, reports Samie Modak.
Although the pricing for the IPO is yet to be finalised, people in the know said the band could be Rs 275-300
The finance minister said easy access and efficiency in providing banking services will help in revival of businesses which are restarting operations after the lockdown.
'These are interesting days for watchers of English cricket and central banking,' points out Amol Agrawal.
The bench posted the matter for further hearing to February 21 and asked police not to take action against the ICICI officials until then.
To cut its debt, promoter Kapil Wadhawan and promoter group Wadhawan Global Capitalhave resorted to measures such as sale of assets of group companies as well as securitisation of retail assets of DHFL to bring in liquidity.
Mahendra Singh Dhoni's inspirational leadership guided India to a memorable triumph at the inaugural World Twenty20 Championship in South Africa in 2007. With the fifth edition of the tournament set to commence on Sunday, Rediff.com takes you through Team India's thrilling triumph in the final.
The banking regulator is seeking an early exit mechanism for private banks under Prompt Corrective Action.
Who should essay the characters of the other members of that history-making Indian squad?
Web portal Cobrapost in its string of expose has alleged money laundering and other wrong doings by several public and sector financial institutions ranging from country's largest bank SBI to the youngest lender Yes Bank.
Banks might not have realised the exact implication of risky projects under PPP projects, which were getting implemented under high leverage
The financial crisis has challenged the intellectual assumptions on which previous regulatory approaches were largely built, and in particular the theory of rational and self-correcting markets.
Leading private life insurers HDFC Standard Life, Bajaj Allianz and Birla Sun Life top the list of firms against whom consumers have filed complaints with sectoral regulator Irda for indulging in unfair business practices.
Rakesh Jhunjhunwala sounded another note of caution on the nature of the latest bull run.
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.
Private insurance firms say, over the past few years, they have been investing on digital technologies to reach semi urban and rural areas.
The company was paying huge sums of money to their channel partners under different heads in lieu of commission.
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