Unclaimed insurance funds higher in agent-sold policies: Analysts
Unclaimed life insurance funds refer to the proceeds of insurance policies including death or survival benefits not claimed by the beneficiary or the policyholder. Bancassurance means selling an insurance product through banks.

National pension system added 21.5% fewer corporate subscribers in 2023

Government officials and experts attribute it to the higher exemption limit of income tax of Rs 7 lakh announced in the FY24 Budget that no more requires employees under this income bracket to opt for NPS for tax-saving purposes.

Why Mirae’s Swarup Mohanty has ₹4 crore health cover for his family
Swarup Mohanty, 53, chief executive officer of Mirae Asset Mutual Fund (Mirae Asset MF), says he is very paranoid when it comes to medical insurance, especially after a family health crisis.

Smallcaps not in extreme bubble territory: IIFL Securities chairman & MD

Smallcap stocks across sectors have consistently exhibited higher earnings growth than largecap stocks over the past two decades. This, to some extent, suggests that we are not in an extreme bubble territory, according to R VENKATARAMAN, chairman and managing director of IIFL Securities. In an email interview with Sundar Sethuraman, Venkataraman observes that markets will also receive support from monetary easing globally.

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Fears of an asset bubble in small-cap stocks: Stagger investments in small-cap funds
With several fund houses restricting investments in their small-cap funds and the markets regulator also now expressing concerns over frothy valuations, individuals must exercise caution. They should opt for systematic investment plans (SIPs) and avoid lumpsum investments in this segment, say experts.

Deals digest: PE, VC investments surge after month-long lull
 

Angel rounds see uptick in Jan-Feb
While the larger funding environment still remains gloomy, funding by angel investors seems to be picking up. The January-February period has seen 62 angel rounds investing about $30 million, data from Private Circle showed. For comparison, November and December had recorded only 23 rounds of angel investments with a total of $7.2 million.

FPIs drive debt investment surge, hits 5-month high of $2.7 billion in February 2024
Foreign Portfolio Investors (FPIs) continued to double down on Indian debt, pumping in record ₹22,419 crore in this segment in February 2024. This was higher than ₹19,837 crore invested by FPIs in January this year.  This latest reading was the highest monthly infusion in debt markets by FPIs since the September 2023 announcement of India’s sovereign bonds inclusion in JP Morgan’s widely-tracked Government Bond Index-Emerging Markets (GBI-EM), depositories data showed.

LIC Housing Finance plans to raise funds via green bonds in next financial year
New Delhi: LIC Housing Finance, the mortgage arm of LIC, plans to mobilise funds through green bonds in the coming financial year to finance environmentally sustainable housing projects.