Premium is the top consideration while picking insurance, claims a recent ICICI Lombard survey on electric vehicles. Source: ICICI Lombard ‘Eco-Friendly Evolution: Electric vehicle adoption and its impact on motor insurance’ study by Hansa Research. The survey was conducted among 539 respondents, in May 2024, in metro cities. Why did …
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Baroda BNP Paribas Mutual Fund launches Baroda BNP Paribas Nifty Bank ETF, an open-ended scheme replicating/tracking the Nifty Bank Total Returns Index. The scheme’s new fund offer (NFO) is open for subscription and will close on June 14. The scheme will reopen for sale and repurchase within five days from …
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Mark your calendars because 2024’s Bitcoin halving has already happened in April! This event, where miner rewards are cut in half, is believed to tighten supply and potentially push Bitcoin’s price upwards. The impact could ripple through the entire crypto market. But Bitcoin isn’t the only game in town. Altcoins …
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Around 36 equity mutual funds (MFs) have never offered negative annual returns in the last 10 years of the Modi government, an analysis by ETMutualFunds reveals. Around 293 equity MFs have completed 10 years of existence in the market. ETMutualFunds considered all equity and equity-oriented schemes such as largecap, midcap, …
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The Union Bank of India has revised the interest rates on its fixed deposits (FDs) for amounts less than Rs 2 crore. According to the Union Bank website, the new interest rates are effective June 1, 2024. Latest Union Bank of India FD interest rates Union Bank of India is …
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Jun 02, 2024, 03:25:18 PM IST Around five sectoral/thematic mutual funds have offered more than 250% absolute return in Modi’s second term as PM. There were around 108 sectoral/thematic funds in the said period, according to ACE MF data. ETMarkets.com 2/6 Two Infrastructure winners Two infrastructure funds – Quant Infrastructure …
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Banks can offer higher interest rates on deposits of over Rs 15 lakh wherein the customers do not withdraw prematurely, according to the Reserve Bank of India (RBI). What is non-callable deposit? According to the HDFC Bank website, “The Fixed Deposits does not have any premature withdrawal facility i.e. the …
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Let’s start with your personal story I come from a family of engineers and I surprised my parents by not pursuing my engineering academic learnings professionally. I completed my Master of Management Studies (MMS) from the BITS, Pilani. My college is renowned for its rigorous academic programs and emphasis on …
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Taking another step towards “Insurance for All by 2047”, the Insurance Regulatory and Development Authority of India (IRDAI) recently released a master circular to make health insurance policies more inclusive, flexible and customer-friendly. From reducing cancellation charges in indemnity-based health insurance policies to specifying how to offer a no-claim bonus …
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Contra/value equity mutual funds’ net assets under management (AUM) jumped 68% in April to Rs 1,57,946 crore versus Rs 94,050 crore in the corresponding period of the last financial year. ETMutualFunds explains why this category, which invests in out-of-favour or undervalued stocks, is gaining ground among investors and who should …
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