Know the secret tax benefits of life insurance policies
 

India needs to expand universal health coverage for ageing population: ADB
While the South Korea and Thailand have achieved universal health coverage, others lag behind with India having the lowest health insurance coverage among older people at 21 per cent, a report titled 'Aging Well In Asia' prepared by ADB said.
 

Health Insurance Claim: 43% policyholders faced difficulties, some had to wait an extra day at hospital, survey
As many as 43 per cent of insurance policyholders had difficulties processing their “health insurance” claims in the past three years on an aggregate basis, says a survey.

Pension department launches integrated portal for govt retirees: Know more
 

KFin Tech Q4 PAT up 31% on strong AUM growth, client acquisition
Mumbai: KFin Technologies’ net profit for Q4 FY24 rose 30.6 per cent on year to ₹74.47 crore led by 24.7 per cent increase in revenue from operations to ₹228.34 crore. Average AUM grew 35.5 per cent on year, higher than 33.6 per cent growth for the sector. Average equity AUM was up 43.2 per cent on year, compared with 48.2 per cent for the industry. The company had an overall market share of 32.1 per cent and equity market share of 33.4 per cent as of March 2024.

NFO Alert: Aditya Birla Sun Life Mutual Fund launches Nifty PSE ETF
Aditya Birla Sun Life Mutual Fund has launched Nifty PSE ETF fund, offering investors an opportunity to participate in the growth journey of India’s public sector enterprises (PSEs).

IIFCL AMC, four others settle case with SEBI by paying ₹1.02 crore
 

13 million mutual fund accounts face temporary suspension due to this issue! Are you affected?
Mutual fund KYC norms: The capital market watchdog, SEBI, introduced new norms for KYC process done by the asset management companies (AMCs) for mutual fund account holders, effective April 1, 2024. As per the new guidelines, KYCs of mutual fund subscribers must be updated with Aadhaar and PAN. This directive is applicable to both new and old mutual fund folios.

India’s first Nifty Non-Cyclical Consumer Index Fund opens | All you need to know about this Groww fund
Leading fund house Groww Mutual Fund has announced the launch of India’s first Nifty Non-Cyclical Consumer Index Fund ‘Groww Nifty Non-Cyclical Consumer Index Fund’. The New Fund Offer will remain open for subscription from May 2-16, 2024, the asset management company said in a statement on Thursday.