From now on, the common man will have to shell out 20% extra on Car / Motor Insurance Premiums from 1st April 2012. This hike in car insurance is expected to vary between 15% to 20%.One of the main reasons for this rise in insurance premiums is the decision of dividing the motor third party […]
Private loans provider Edelweiss Tokio Life Insurance planned to increase their number of products in the upcoming fiscal year to 18, and also planned to increase their subscribers 10 lakhs more by 2015. Edelweiss Tokio Life Insurance The company is a joint venture between Edelweiss Group and Japanese Insurer Tokio Marine Holdings, is dealing about […]
The Indian Mutual Fund Industry’s assets increased to Rs. 6.75 trillion by the end of February 2012, recording an increase of Rs. 161 billion over Rs. 6.59 trillion in February. According to Crisil Research, the 2% month-on-month rise in mutual fund assets in February 2012 was largely because of mark-t-market gains jagged by equity funds […]
Tax saving funds is for those people who are willing to take risk in the market. More than this, it is also an opportunity to create wealth in one’s tax-saving portfolio. The lock-in period for 3 years encourages long-term investment, which is a pre-requisite for fruitful return on equity investments. JPMorgan Chase JP Morgan India […]
The scheduled launched for the Association of Mutual Funds of India (AMFI) online mutual fund transaction platform has been delayed once again, due to a delay in vendor selection. The launched was previously scheduled to go through on April, but has now been rescheduled to the second half of this year. According to Mr V. […]
