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MUTUAL FUNDS NEWS
Axis MF front-running case: ED conducts searches in Mumbai, Kolkata
Thu, Sep 12, 2024     Source : Business Standard
Front-running involves using confidential information on institutional trades to make investment decisions, potentially impacting stock prices
MUTUAL FUNDS NEWS
We continue to focus on generating superior risk adjusted returns: Sandeep Tandon
Thu, Sep 12, 2024     Source : Economic Times
"It is very difficult to comment something which is a very completely imaginative narrative, which somebody is trying to create and malign us.
MUTUAL FUNDS NEWS
Investors switch to safe-haven funds; flows into low-risk MFs up 70%
Thu, Sep 12, 2024     Source : Business Standard
Inflows into flexicap funds surged to Rs 3,513 crore in August, the highest since the category was introduced in December 2020
MUTUAL FUNDS NEWS
What does recent AMFI data trends mean for your investment strategy
Thu, Sep 12, 2024     Source : Economic Times
"So, you will typically see higher inflow months in the months of July, October and so on so forth.
INSURANCE NEWS
Govt brings all citizens aged 70+ under Ayushman Bharat’s rs.5 lakh health scheme
Thu, Sep 12, 2024     Source : Business Line
India expands Ayushman Bharat to cover 6 crore senior citizens aged 70+ with Rs.5 lakh free health insurance per family, at a total cost of Rs.3,437 crore
NEWS
Sensex plunges 398 points, Nifty breaches 25K on rate cut fears; bank, metal, auto stocks hammered
Thu, Sep 12, 2024     Source : Economic Times
Indian equity benchmark indices closed lower on Wednesday in a highly volatile session, dragged by auto, metal, and banking stocks.
INSURANCE NEWS
Women term insurance purchases surge 80% in 2 years, smaller cities see rise in high-cover plans
Thu, Sep 12, 2024     Source : Mint
Over the past two years, the number of women buying term insurance in India has surged by 80%, with many opting for higher coverage plans exceeding ?2 crore.
NEWS
Bajaj Housing Finance’s Rs.6,560-crore IPO sets a record with bids topping Rs.3.24-lakh cr
Thu, Sep 12, 2024     Source : Business Line
The fresh capital would be used for the business growth process
NEWS
Govt proposes to give brokers more freedom to invest surplus cash
Thu, Sep 12, 2024     Source : Business Standard
Amendment to SCRA to allow brokers venture into other businesses as long as client funds are protected
NEWS
Tata Motors shares plunge 6% on weak growth outlook, UBS downgrade
Thu, Sep 12, 2024     Source : Economic Times
Shares of Tata Motors fell 5.6% to a day's low of Rs 977.80 on the BSE, making it the biggest laggard on both the Nifty 50 and the auto index.
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