The Bajaj Finserv Lending would now grant financing of products such as furniture, home, furnishings, fitness equipment and luxury watches. The good thing with this is that all this financing is with zero per cent interest. The lifestyle products in India is about Rs 2,00,000 crore in total value. Bajaj Finserv With this move, the […]
The Canara Robeco had launched a fund-of-fund scheme they called the Canara Robeco gold savings fund. In this scheme, customers will invest in gold. The Canara Robeco is known to be an Asset Management company. The AMC mentioned in their released today that the new fund is a new scheme which will be using units […]
The IFFL Mutual Fund had launched an open-ended fund that they have called the IFFL Dividend Opportunities Index Fund. According to their chief executive Mr Gopinath Natarajan, the objective of this new type of fund is to provide good returns to their investors where they will be encourage investing in 50 high – dividend yielding […]
Two tranches of bonds are being raised by infrastructure finance company wherein the two bonds will be maturing in seven and five years. The bond maturing for five year comes with a call and will put option after three years while the other bond will put option after five years. The coupon of the five […]
Bharti AXA Life Insurance, the private life insurance joint venture between Bharti Enterprises and AXA, the world’s largest insurance company, today announced the launch of its new traditional life insurance plan – Bharti AXA Life Young India Plan. This plan is part of the company’s “Strategy of Proof” framework that is predicated on redefining the […]
It is a first for LIC Housing Finance Limited Asset Management to achieve Rs 250 crore for its maiden real estate fund. According to the chief executive of LICHFL AK Sharma, They have raised the mentioned amount so far from their investors like corporate and banks. The company is hoping that they will be able […]
Having an insurance plan is really a good way to prepare for your future. We do not know what lies ahead of us so it would really be best to be prepared in some way. When you become a member of any insurance company it would really be best that you know your rights. There […]
Even the third consecutive quarter did not yield any positive results for the mutual fund industry; the total assets reduced by about 5percent which is Rs.36, 000 crore for the fiscal year which ended on 31st March 2011-12. It is now at two year lowest, the average asset under management (AUM) of the industry dipped […]
