Top Indian Insurance Industry News & Updates - 21 Aug 2023,Monday
🗎 General Insurance
📝 Why is a home insurance must for tenants? Here are 5 key reasons
📝 For car loan, check lenders on their total borrowing cost and service
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🏦 SEBI
📝 Sebi plans to bring follow-on offer rules for REITs, InvITs
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🗎 Pension Funds/PF
📝 EPFO adds 17.89 lakh net members in June
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🗎 Mutual Funds / AMCs
📝 Favourable tax regime adds sheen to arbitrage funds
📝 Mutual Funds: Lower costs drive passive funds; the lower the tracking error, the higher are the index fund’s returns
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🗎 Equities, Pvt. Equity / Hedge Funds
📝 FPIs infuse Rs 8,400 crore in equities this month on global uncertainty, China concerns
📝 360 One to set up sector-focused private equity funds
📝 Sorin Investments’ maiden fund raises over Rs 1000 crore
📝 ICICI Venture hits final close of fifth PE fund at ₹3,000 cr
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🗎 Govt Securities / Bonds
📝 OIS rate surge hints tighter monetary policy's here to stay
📝 Bond investors brace for supply freight train before Fed confab
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