News for 'Prudential'

Strong investor interest drives value mutual fund inflows to Rs 22,757 cr in 2024

Strong investor interest drives value mutual fund inflows to Rs 22,757 cr in 2024

Rediff.com30 Jan 2025

Value mutual funds have witnessed robust investor interest, garnering Rs 22,757 crore in inflows in 2024, nearly double the amount seen in 2023, fueled by impressive returns generated by the segment. This surge reflects a shift in investor focus towards fundamentally strong yet undervalued stocks.

Amfi stock reclassification: Largecap cutoff likely to touch Rs 1 trn

Amfi stock reclassification: Largecap cutoff likely to touch Rs 1 trn

Rediff.com18 Dec 2024

The market capitalisation (mcap) cutoff to qualify for mutual funds' (MFs') largecap universe is likely to go up for the fifth consecutive time to touch the Rs 1 trillion mark for the first time. A fresh list of largecap, midcap, and smallcap stocks is set to be released by the Association of Mutual Funds in India (Amfi) in the first week of January.

Short-Duration Funds: Should You Invest?

Short-Duration Funds: Should You Invest?

Rediff.com31 Jan 2025

'They are ideal for short-term financial goals like children's education or a down payment for a house.' 'They are also useful for transitional savings, such as during job switches or while starting a business.'

'We Are Always Watchful. We Will Be Nimble'

'We Are Always Watchful. We Will Be Nimble'

Rediff.com8 Feb 2025

'We will be very, very proactive in providing whatever liquidity requirements are needed.'

Should You Invest In Large Cap Funds Now?

Should You Invest In Large Cap Funds Now?

Rediff.com24 Jan 2025

Largecap companies are generally less vulnerable to economic slowdowns than their mid- and smallcap counterparts.

ICICI Prudential's success story

ICICI Prudential's success story

Rediff.com25 Mar 2008

It is a real life story. A story of an insurer that has managed to hold on to its lead in the marketplace for seven years.

Want To Invest In Banking Sector Funds?

Want To Invest In Banking Sector Funds?

Rediff.com29 Jan 2025

The ideal time to invest in sector funds, is during a downturn so that investors can capitalise on a turnaround in 1.5 to 2 years.

'Help! I'm Stuck In Rs 15 Lakh Debt'

'Help! I'm Stuck In Rs 15 Lakh Debt'

Rediff.com12 Mar 2025

Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.

ICICI Prudential is hiring!

ICICI Prudential is hiring!

Rediff.com16 Dec 2004

ICICI Prudential is looking for Project Trainees.

Now, ICICI Prudential MF is under Sebi lens

Now, ICICI Prudential MF is under Sebi lens

Rediff.com27 Aug 2018

Sebi had also ordered the fund house to compensate investors who had redeemed their units since the date of allotment of shares in the I-Sec IPO.

AIG rejects Prudential's revised offer

AIG rejects Prudential's revised offer

Rediff.com1 Jun 2010

In a setback to Prudential Plc's efforts to bolster its Asia presence, American International Group today rejected the British insurer's reduced $30.38 billion takeover bid for AIG's Asian life insurance unit.

50:50 Chance Of An RBI Rate Cut

50:50 Chance Of An RBI Rate Cut

Rediff.com4 Feb 2025

'If it doesn't, it will continue with measures to infuse liquidity, signalling a new cycle,' predicts Tamal Bandyopadhyay.

Will Nirmalaji Target Fiscal Deficit?

Will Nirmalaji Target Fiscal Deficit?

Rediff.com28 Jan 2025

The Budget should undertake further reductions in import tariffs and seriously consider an announcement of India's intention to join one or both of the two Asian mega-regional free trade agreements, suggests Shankar Acharya, former chief economic adviser to the Government of India.

'ICICI Prudential to list in 3 years'

'ICICI Prudential to list in 3 years'

Rediff.com15 Oct 2008

Our partnership with ICICI Bank continues to remain strong. We have an exceptional relationship with them, says group CEO of Prudential.

Should You Invest In Largecap Funds?

Should You Invest In Largecap Funds?

Rediff.com18 Dec 2024

'As we navigate uncertain waters, a conservative approach to largecap investing could provide a strategic advantage.'

The Gavaskar@75 Quiz

The Gavaskar@75 Quiz

Rediff.com10 Jul 2024

Here's a quiz celebrating the Indian batting icon and to tell if you're a true Gavaskar fan...

Santa Claus Rally in SMID Stocks

Santa Claus Rally in SMID Stocks

Rediff.com13 Dec 2024

As regards mid-caps and small-caps, analysts suggest investors buy only those stocks of those companies where there is earnings visibility for at least a few quarters and where the valuations have become reasonable.

What Are New RBI Governor's Challenges?

What Are New RBI Governor's Challenges?

Rediff.com10 Dec 2024

'Challenge is basically near-term growth as the outlook has turned a bit adverse.'

Why Mutual Fund Inflows Have Surged

Why Mutual Fund Inflows Have Surged

Rediff.com19 Sep 2024

Largecap, flexicap, and balanced advantage funds together recorded a net inflow of Rs 9,363 crore in August, representing a 70% increase from the previous month's total.

What Are Business Cycle Funds?

What Are Business Cycle Funds?

Rediff.com7 Dec 2024

Business cycle funds aim to optimise returns by aligning their portfolios with different phases of the economic cycle. First-time investors, those who prefer stable sector allocations, and those averse to volatility should steer clear of them.

New biz premium of life insurers rises 13% in October

New biz premium of life insurers rises 13% in October

Rediff.com11 Nov 2024

Life insurance companies reported a 13.16 per cent year-on-year (Y-o-Y) growth in new business premium (NBP), totting up Rs 30,347 crore in October, even as the number of policies sold saw a sharp decline. The growth was largely driven by strong performance from private sector life insurers.

BAF's Withstand Black Monday Turmoil

BAF's Withstand Black Monday Turmoil

Rediff.com7 Aug 2024

Data from Amfi shows that NAV of every one in two BAFs declined 1.5% or less on Monday compared to a 3.13% decline in Nifty 500.

Prudential Sugar redeems shares

Prudential Sugar redeems shares

Rediff.com11 Feb 2003

Prudential Sugar Corporation Ltd approved allotment of 10.344 million equity shares, or four equity shares of Rs 10 each for every one 16 per cent partly convertible redeemable share.

Prudential ICICI AMC launches new product

Prudential ICICI AMC launches new product

Rediff.com25 Nov 2003

Prudential ICICI Asset Management Company the investment manager to India's largest private sector mutual fund launched an innovative product, the Pru ICICI Advisor Series.

ICICI Prudential income surges 170%

ICICI Prudential income surges 170%

Rediff.com24 Nov 2003

ICICI Prudential Life Insurance on Monday said it will hike capital by Rs 50 crore to Rs 575 crore by the end of this fiscal, after posting over 170 per cent jump in business till September.

Prudential sees big mart in India

Prudential sees big mart in India

Rediff.com13 Mar 2004

Adani Ports to enter Sensex from June 24; Wipro to move out

Adani Ports to enter Sensex from June 24; Wipro to move out

Rediff.com24 May 2024

Gautam Adani-owned Adani Ports and Special Economic Zone (APSEZ) will replace IT major Wipro in the 30-share BSE Sensex from June 24, according to an official announcement on Friday. This marks the first inclusion of any Adani Group firm in Sensex. The group has 10 listed firms with a combined market valuation surpassing Rs 17 lakh crore.

Why You Need A Child Insurance Plan

Why You Need A Child Insurance Plan

Rediff.com14 Nov 2024

'They take care of the problem: How can I ensure my child's education and other goals are not compromised, even if I am not around?'

How To Select The Right MAAF

How To Select The Right MAAF

Rediff.com12 Nov 2024

If you already hold significant amounts of equity in your portfolio, avoid MAAFs with over 60 per cent equity. But if you lack equity exposure, an aggressive MAAF may be appropriate.

MFs rake in record Rs 14,370 cr via equity NFOs in June

MFs rake in record Rs 14,370 cr via equity NFOs in June

Rediff.com15 Jul 2024

A strong influx of 11 equity new fund offers (NFOs) in June, particularly within the thematic space, helped mutual funds collect Rs 14,370 crore - the highest ever via such introductory offers. This surpassed the previous high recorded in July 2021, where four NFOs accumulated Rs 13,709 crore, with ICICI Prudential MF's flexicap NFO alone mobilising Rs 9,808 crore.

IPO-bound Hyundai Motor India raises Rs 8,315 cr from anchor investors

IPO-bound Hyundai Motor India raises Rs 8,315 cr from anchor investors

Rediff.com15 Oct 2024

Hyundai Motor India (HMIL) raised Rs 8,315 crore from anchor investors on Monday, setting the stage for the country's biggest-ever maiden share sale. The Indian arm of the South Korean carmaker Hyundai Motor Company (HMC) allotted 42.4 million shares to 225 funds at Rs 1,960 apiece, the higher end of its price band. Among the investors receiving allotments were the Singapore government's sovereign wealth fund (GIC), New World Fund, and Fidelity.

Equity rally fuels fastest quarterly growth in MF assets in five years

Equity rally fuels fastest quarterly growth in MF assets in five years

Rediff.com8 Oct 2024

Mutual funds (MFs) managed a record Rs 66.2 trillion in assets during the July-September quarter, marking a 12.3 per cent increase over the previous three-month period - the highest quarterly jump in MF assets in at least five years. During the April-June period, the average assets under management (AUM) stood at Rs 59 trillion. The sharp rise in AUM, according to experts, is driven by a robust equity market rally and record inflows into equity schemes.

ICICI Prudential Life Insurance launches iProtect

ICICI Prudential Life Insurance launches iProtect

Rediff.com18 Aug 2010

ICICI Prudential Life Insurance Company has launched a completely online term insurance plan named 'iProtect' on Tuesday.

Haryana govt bars ICICI Prudential for 3 yrs

Haryana govt bars ICICI Prudential for 3 yrs

Rediff.com17 Apr 2013

ICICI Pru is barred from doing any further business with the state government or any of its departments.

Want To Invest In Pharma & Healthcare?

Want To Invest In Pharma & Healthcare?

Rediff.com5 Nov 2024

'A long-term investor with a 4 to 5 year horizon could invest in this theme via SIPs.'

What Are Passive Value Funds?

What Are Passive Value Funds?

Rediff.com28 Oct 2024

'Value index funds are most appropriate for long-term investors who can withstand deeper drawdowns.'

Prudential may sell Tata AIG stake to Tatas

Prudential may sell Tata AIG stake to Tatas

Rediff.com18 May 2010

Prudential CEO Tidjane Thiam today indicated that the British company would sell its stake in Tata AIG Life to the Indian conglomerate. In March, Prudential had acquired AIG's Asia business for $35.5 billion, which included the 26 per cent stake in Tata AIG.