Starting next year, policyholders can expect these changes in their insurance policies
At the time of buying an insurance policy, customers tend to face some confusion with regards to understanding features and other terms & conditions. As a result, policyholders skip reading the entire document since it is too esoteric for a guy-next-door or a girl-next-door.

Kotak-Zurich deal could boost RCap’s valuation under Hindujas
The Zurich deal values Kotak General Insurance at ₹7,943 crore on a post-money basis. Kotak General Insurance has a Gross Written Premium (GWP) of . ₹1,148 crore and a networth of ₹341 crore, as on March 31, 2023, which values the general insurance business at seven times of its GWP and 21 times of its net worth.

Overseas Medical Insurance: Frequent flyers need global cover; for treatment in US or Canada, be ready to fork out higher premium
Frequent foreign travellers or those who are planning to undergo certain medical procedures abroad should opt for a health insurance policy in India that provides international coverage including for destinations like the US and Canada. These policies, offered by a few insurers, differ from regular travel insurance which includes medical coverage but may have limitations.

HDFC Hybrid Debt Fund: Delivering returns with an enhanced credit profile
HDFC Hybrid Debt Fund, launched in December 2003, has consistently ranked in the top 30th percentile of the value/contra funds category in the CRISIL Mutual Fund Ranking (CMFR) for three consecutive quarters, from July to September 2023.

FPI sell-off continues, Rs 3,400 crore pulled out in just three trading sessions in Nov
New Delhi: Foreign Portfolio Investors’ (FPIs) selling spree continues as they pulled out over Rs 3,400 crore from the Indian equity markets in the first three trading sessions of November on rising interest rates and geopolitical tensions in the Middle East. This came after such investors withdrew Rs 24,548 crore in October and Rs 14,767 crore in September, data with the depositories showed. Before the outflow, FPIs were incessantly buying Indian equities in the last six months from March to August and brought in Rs 1.74 lakh crore during the period. Going forward, this selling trend is unlikely to continue since the main trigger for FPI selling, the rising bond yields, has reversed on the US Federal Reserve signalling a dovish stance in its November meeting.

ICICI Prudential Multi-Asset Fund: Rs 10 lakh turns into Rs. 5.49 crore in 21 years!
ICICI Prudential Multi-Asset Fund has completed 21 years. The Scheme has an AUM of Rs. 24,060.99 crore which accounts for nearly 57% of the total AUM in the multi-asset allocation category, as per Value Research data as of September 30, 2023.

How equity funds leverage a few good months for outperformance
Financial experts have for long touted the benefits of long-term investing, especially where it concerns equity mutual funds. Yet, a large number of retail investors continue to exit the markets after a short duration. According to data from Association of Mutual Funds in India (Amfi), 51.4%, or more than half, of the investments held by retail investors have an average holding period of just more than two years.