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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