Private life insurance companies seem to be on a secured path to growth
Private life insurers experienced reasonable growth in the July-September quarter (second quarter, or Q2) of 2023-24 (FY24), and the October data is also encouraging.
 

Rs 3 lakh is the median sum insured offered by India's employers: survey
The study titled 'The Health Report of Corporate India 2023', also found that 85 per cent of employees with a chronic illness do not feel supported by their employers.The report covered over 3,000 employee healthcare plans and healthcare strategies of 5000 companies in India.

SEBI chief urges investors to take long-term view of markets to beat inflation rate
Mumbai: SEBI Chairperson Madhabi Puri Buch on Monday urged investors to invest on a long-term basis as it would help in wealth creation, beat inflation and provide real rate of returns.

SEBI Chairperson unveils Investor Risk Reduction Access platform
 

Unifi Capital gets Sebi's in-principle nod to launch mutual fund operations
 

National Pension System subscriber? NPS Systematic Lump Sum Withdrawal limit may go up to 100%
 

MFs set aside ₹3,000 crore for debt fund backstop facility
Mumbai: Mutual funds have set aside ₹3,100 crore as part of the Corporate Debt Market Development Fund (CDMDF) created by the capital market regulator SEBI as a backstop arrangement to bailout specified debt schemes in times of crisis in the market.

Mahindra Manulife Mutual Fund files draft document for multi asset allocation fund
Mahindra Manulife Mutual Fund has filed a draft document for a multi asset allocation fund. Mahindra Manulife Multi Asset Allocation Fund is an open-ended scheme investing in equity, debt, gold/silver/ Commodity Exchange Traded Funds (ETFs) and Exchange Traded Commodity Derivatives.

Aditya Birla Sun Life Mutual Fund files draft documents for two target maturity funds
Aditya Birla Sun Life Mutual Fund has filed draft documents for two new target maturity schemes: Aditya Birla Sun Life Crisil IBX Gilt June 2027 Index Fund and Aditya Birla Sun Life Crisil IBX Gilt April 2033 Index Fund.

Kotak Healthcare Fund, two other NFOs open for subscription this week; should you invest?

Three mutual fund NFOs or new fund offers are open for subscription this week. Kotak Healthcare Fund, DSP Banking & Financial Services Fund are open for subscription. Bajaj Finserv Balanced Advantage Fund will open for subscription later this week.

Valuations of largecap stocks reasonable and returns to be in line with earnings growth: TRUST MF

"Valuations in India large-caps are reasonable and we expect 15% or more earnings growth in the next couple of years,” says Mihir Vora, Chief Investment Officer, TRUST Mutual Fund. Vora, therefore, expects largecap index returns to be in line with the earnings growth, but added that global economic slowdown can temper these returns. Edited excerpts from an interview with ETMarkets:

Sundaram Alternates raises ₹1,100 crore to provide debt finance to SMEs
Sundaram Alternates Assets Ltd has just completed raising ₹1,100 crore for its Emerging Corporate Credit Opportunities fund. The fund is meant to provide debt finance to small and medium enterprises, of ₹200 crore-1,000 crore turnover.  Sundaram Alternates is a wholly owned subsidiary of Sundaram Assets Management Company Ltd, which is a subsidiary of Sundaram Finance Ltd, a leading non-banking finance company.

PE/VC investments decline to USD 3.4 billion in Oct: Report
Mumbai: Investments by Private Equity and Venture Capital (PE/VC)funds have declined to USD 3.4 billion for October, a report said on Tuesday. By value, the bets were 3 per cent lower than USD 3.5 billion in the year-ago period, and 19 per cent lower than USD 4.2 billion in September, the report by industry lobby grouping IVCA and EY, a consultancy, said.

Indian bonds may see $25-billion in foreign inflows if included in Bloomberg indexes: DBS' Karyatt
Mumbai - Indian government bonds could see foreign inflows of close to $25 billion if they get included in key Bloomberg bond indexes, a treasury official with DBS Bank India said.

Banks, CCIL in talks to build 3rd-party clearing process, unlock trade

Mumbai: Domestic and European banks have started regular talks with the Clearing Corporation of India (CCIL) to build structures needed for third-party clearing of government bonds and derivatives, paving the way for starting trades worth billions of dollars that may otherwise have stalled due to a stand-off between the regulators home and away.