May 08, 2024, 05:33:37 PM IST 1/5 What are direct mutual fund plans? Mutual fund direct plans are for investors who want to invest on their own and not through a distributor. They get the benefit of a lower expense ratio as compared to a regular plan. This lower expense …
Read More »Amazon, retailer fined Rs 45,000 for refund delay of faulty laptop delivered to customer
A consumer court in Delhi has imposed a total penalty of Rs 45,000 on Amazon and a retailer for taking nearly 18 months to issue a refund for a faulty laptop, reported Times of India. The Delhi East District Consumer Disputes Redressal Commission, led by President S S Malhotra along …
Read More »Alliance, Dunzo tie up to offer insurance to 20,000 delivery partners | Company News
2 min read Last Updated : Feb 22 2023 | 11:45 PM IST Dunzo delivery and Alliance Insurance Brokers have joined hands to provide insurance to the former’s national network of delivery partners. Through this initiative, Alliance Insurance Brokers is providing insurance protection to almost 20,000 delivery partners, insured …
Read More »Baroda BNP Paribas Mutual Fund launches retirement fund
Baroda BNP Paribas Mutual Fund launches Baroda BNP Paribas Retirement Fund, an open-ended retirement solution-oriented scheme having a lock-in of five years or till retirement age (whichever is earlier). The new fund offer or NFO of the scheme is open for subscription and will close on May 22. The scheme …
Read More »Stocks to buy: 5 stocks to watch out for an upside of up to 41.4% – Stocks to buy this week
May 07, 2024, 04:51:30 PM IST 1/5 Stocks to buy this week Stock: Huhtamaki IndiaResearch House: SMIFSAdvice: BuyStock Price: Rs 3071-year Target Price: Rs 434Potential Upside: 41.4%Comment: Upgrade to ‘buy’ due to increased visibility of volume growth, strong balance sheet and cost optimisation benefits. Focus on increasing value-added ‘blueloop’ range …
Read More »IRDAI asks LIC, other insurers to remain open on Saturday, Sunday
The Insurance Regulatory Development Authority of India (IRDAI) has said that insurers are advised to keep their offices open as usual on March 30 and March 31, 2024 in order to avoid any hardships for policyholders due to the end of the fiscal year, which falls on a Sunday. IRDAI’s …
Read More »Irdai to bring in ‘EASE’ in delivering entire suite of insurance services | PERSONAL FINANCE NEWS AND INSURANCE
2 min read Last Updated : Mar 03 2023 | 8:52 PM IST The Insurance Regulatory and Development Authority of India (Irdai) is emphasising in bringing in “Enhanced Access and Service Excellence (EASE)” in delivery of insurance services in line with the banking industry. At the third Bima …
Read More »These 10 companies saw highest buying by mutual funds in March. Do you own any? – MF Watch
May 07, 2024, 02:23:25 PM IST Around 10 companies saw the highest buying by mutual funds in the March quarter against the last quarter, according to a press release by Prime Database. Here is the detailed list iStock Mutual funds added around 24.53 crore shares of HDFC Bank in the …
Read More »Health insurance premium shot up over 25% last year for 52% policyholders, finds survey; here’s what you can do to reduce the impact
For 52% personal health insurance policy owners, the premium increased by over 25% in the last 12 months, claims a survey by LocalCircles. For the purpose of this survey, the researchers gathered inputs from 11,000 people in 324 districts in India. This becomes critical for people buying a new health …
Read More »rbi mpc decisions: RBI MPC announcements today: FD investors likely to get more time to book fixed deposits at current high rates; all eyes are on RBI
Investors who invest in fixed deposits (FDs) have had a dream run the last two years. All thanks to the repo rate hike, the interest rates on fixed deposits have touched 8% at well-known public and private sector banks. Several small finance banks even offer around 9% interest rate on …
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