Page 980 - Personal Finance
Mutual fund managers reverse investment bets
Move comes after most MF equity schemes missing the current rally
Limited cover for alternative treatment
Some insurers offer coverage only under their group policies, while others might not entertain claims for allopathy if expenses on ayurveda or homoeopathy have already been incurred
Equity MFs' net outflow at 2-year high
Amid strong market rally, investors' net withdrawal at Rs 3,559 crore in September
Local MFs outpace foreign houses in asset growth in first half
During April-Sept period of FY13, average AUM of domestic players zoomed 12.75% while that of foreign houses was less than 10%
Redressal mechanism for salary non-payment is slow
Approaching the court or department concerned can be a long-drawn process
Recent rally costs MFs heavy lose 5.72 lakh equity folios
First half of FY13 sees over 2 million closures of accounts
Policyholders prefer assured return plans
Present interest rate scenario has also prompted them to launch products that assure returns
Rally costs MFs 572,000 equity folios
First half of FY13 sees over two million account closures
Local MFs outpace foreign houses
Assets of foreign fund houses could gain less than 10% at Rs 86,210 cr, compared with Rs 78,436 cr
Minority shareholders get teeth in Companies Bill
Provisions such as class action suit, approval of auditors by shareholders will bring in more transparency
General Insurance: K K Mishra
Readers' Corner
SBI, L&T mutual funds to discontinue 19 schemes
Earlier this month, five fund houses, including leading players including Reliance and ICICI Prudential MF, had listed out a total of 190 schemes that have been discontinued
Insurance industry gets two new players
Religare Health Insurance commenced operations as standalone health insurance player, NBFC Magma Fincorp entered general insurance business
Over 630 mn Indians to have health insurance coverage by 2015
The study has come about at a highly opportune time as India plans to significantly increase public spending on health
I-bankers say foreign AMCs lose appetite for India's MFs
Will the sector see more such deals? According to investment bankers, chances are minimal
ICICI cuts home loan rates
Part of festive offer till Dec-end follows earlier moves by state-run banks
Holding illiquid stocks? Don't panic, there are options
You could exit on completion of your set target or on spurt in the stock price