• MF News
  • IPO News

Himadri Buch Redemptions from top 20 fund houses have risen to the second highest level in FY18, despite the industry#39;s AUM touching record highs
Wed, 19 Jul 2017 15:22:08 +0530


Top 14 stocks which some MF bought for the first time in June; do you hold any? After one way rally on D-Street so far in the year 2017 retail investors preferred to book some profits off the table from Gold ETFs, liquid funds etc. as the asset under management (AUM) of the mutual fund industry dipped slightly for the month of June.
Sat, 15 Jul 2017 09:33:02 +0530


Morningstar upgrades rating of ICICI Prudential Value Discovery Fund to #39;Silver#39; Morningstar believes ICICI Prudential Value Discovery Fund has the wherewithal to outperform its benchmark index over the long term.
Wed, 12 Jul 2017 09:48:43 +0530


Fund managers are reducing weight in IT sector; time to be cautious or value buys? Aptech rose 200 percent, followed by Mastek which rallied 93 percent, Datamatics up 89 percent, and TVS Electronics rose 87 percent in last one year.
Fri, 16 Jun 2017 15:36:43 +0530


Bluechip bets! Top 10 stocks in which fund managers raised their stake in May The total category wise asset under management (AUM) of the mutual fund (MF) industry slipped by 1.2 percent or Rs 22,327 crore to Rs 19.03 lakh crore for the month of May 2017, but equity funds saw an increase of 2.7 percent in the same period.
Fri, 16 Jun 2017 07:36:45 +0530


MF investor base grows 19 lakh in Apr-May to record 5.72 cr In the two years, investor accounts went up following robust contribution from smaller towns.
Thu, 15 Jun 2017 14:13:11 +0530


​Global Space Technologies SME IPO to open on July 26, issue price at Rs 66/sh The issue and the net issue will constitute 26.48 percent and 25.14 percent, respectively of the post issue paid-up equity share capital of the company.
Tue, 25 Jul 2017 11:59:16 +0530


Subscribe to Keerti Knowledge and Skills : Khambatta Securities Khambatta Securities has come out with its report on Keerti Knowledge and Skills . The research firm has recommended to “Subscribe ” the IPO in its research report as on July 24, 2017.
Mon, 24 Jul 2017 17:08:48 +0530


HDFC Life files IPO papers with insurance regulator IRDA The draft of IPO papers did not mention anything about Max Life merger in any form.
Thu, 20 Jul 2017 11:35:21 +0530


Godrej Agrovet files IPO papers with Sebi Godrej Industries arm Godrej Agrovet on Wednesday filed draft papers with markets regulator Sebi to raise an estimated Rs 1,000-1,200 crore through an initial public offering.
Wed, 19 Jul 2017 20:11:34 +0530


Shanti Overseas (India) ltd SME IPO To open on 21st july- HEM securities HEM securities have come out with the research report on Shanti Overseas
Tue, 18 Jul 2017 15:55:14 +0530


Captain Technocast Ltd SME IPO To Open On 20th July- HEM Securities HEM securities have come out with the research report on Captain Technocast
Tue, 18 Jul 2017 15:39:23 +0530


Hemant Kanoria NULL
Tue, 18 Jul 2017 11:27:53 +0530


Salasar Techno Engineering IPO oversubscribed 273 times The IPO received bids for 90,63,94,500 shares against the total issue size of 33,21,000 shares, data available with the NSE till 1930 hours showed.
Mon, 17 Jul 2017 20:45:25 +0530


SBI Life gets ready for a big IPO this year, may raise Rs 8500-9000 cr Once listed, this would be the second life insurer after ICICI Prudential Life Insurance to be listed on the stock exchanges.
Mon, 17 Jul 2017 19:54:58 +0530


SBI Life Insurance files DRHP, to issue up to 12 cr shares via IPO SBI Life Insurance is a joint venture between State Bank of India (SBI) with 74 percent stake and BNP Paribas Cardif with the remaining 26 percent.
Mon, 17 Jul 2017 14:46:05 +0530


Subscribe to Salasar Techno Engineering: Choice Broking Choice Broking has come out with its report on Salasar Techno Engineering. The research firm has recommended to “Subscribe ” the IPO in its research report as on July 13, 2017
Thu, 13 Jul 2017 13:41:35 +0530


Subscribe to Salasar Techno Engineering: Nirmal Bang Nirmal Bang has come out with its report on Salasar Techno Engineering. The research firm has recommended to “Subscribe ” the IPO in its research report as on July 13, 2017.
Thu, 13 Jul 2017 13:19:35 +0530


Subscribe to Salasar Techno Engineering: HEM securities HEM securities has come out with its report on Salasar Techno Engineering. The research firm has recommended to “Subscribe ” the IPO in its research report as on July 12, 2017.
Wed, 12 Jul 2017 10:06:17 +0530


Solid listing: AU Small Finance Bank ends near day#39;s high, up 51% over issue price The bumper listing was on expected lines, given the overwhelming response to public issue and the hefty grey market premium.
Mon, 10 Jul 2017 16:07:23 +0530


AU Small Finance listing hit by NSE tech glitch; trading starts late AU Small Finance Bank touched an intraday high of Rs 540 and low of Rs 523.70.
Mon, 10 Jul 2017 14:07:09 +0530

SCHEDULED A MEETING
Name :
City :
E-mail :
Mobile :
Message :
Captcha Code "403576"
 
Insurance

Insurance

 

Life Insurance offers a way to replace the loss of income that occurs when someone dies (usually the person who produces the majority of income in a family situation). It is a contract between you as the insured person and the company or “carrier” that is providing the insurance. If you die while the contract is in force, the insurance company pays a specified sum of money free of income tax- “Cash benefits”- to the person or persons you name as beneficiaries.

A good life insurance program does more than just replace the loss of income that occurs if you die. It should also provide money to cover the new costs that arise after your death —funeral expenses, taxes, probate costs, the need for housekeepers and child care, and so on. And these cash benefits should provide for your family”s future needs as well, including college education for your children and part or all of your spouse”s retirement needs. In almost all cases, your beneficiary can use the cash benefits in the way he or she sees fit, without restriction.

Some types of life insurance- Endowment/Money Back policies — have a cash value that you can obtain by cashing out the policy or by borrowing against it. Though it can seem attractive, most financial experts agree that this feature should be seen as a secondary purpose of life insurance. Another type of insurance is pure term life policies as well.

Do You Really Need Life Insurance?


If there is someone who would suffer economic hardship if you died, then the answer is yes... you need life insurance!  Families with young children have a clear need for life insurance. If both spouses work, the loss of one income will cause the family immediate economic hardship and make it harder for them to realize future goals, such as paying for the children”s” education. But even if one spouse works "inside the home" and doesn”t bring in a formal income, his or her death will require the surviving spouse to hire child care, housekeepers and other professionals to help run the household - and that can be a significant new expense.

If you are married without children or single, then you may need life insurance to protect your partner or surviving family members against the costs associated with your death.  Child education and administrative fees, outstanding debts, special obligations, are costs that all of us must consider.  And, they can add up quickly. Unless you already have sufficient financial resources, your survivors will probably need life insurance to cover these expenses.

 

 What Happens To Your Family If You Don”t Have Enough Coverage?


Under any circumstances, the loss of a loved one is a traumatic experience.  But, if your family is also left without sufficient money to meet basic living needs or prepare for future goals, they will have to cope with a financial crisis at the same time. Depending upon their current financial resources and ability to "get back on their feet" emotionally and financially, your family might be forced to move to a less desirable home or community, abandon education and career plans, reorder family priorities (such as the amount of time spent with the children) and, in general, cut back on the quality of life you have worked hard to achieve.

Your family might even be forced to go into debt simply to pay the expenses, like funeralcosts, taxes, and medical bills that result from your death.  A moment”s reflection will tell you that the lack of sufficient life insurance coverage when a loved one dies can have devastating consequences for a family...consequences that can last for years.

Life-based contracts tend to fall into two major categories:

  • Protection policies – designed to provide a benefit in the event of specified event, typically a lump sum payment. A common form of this design is term insurance.
  • Investment policies – where the main objective is to facilitate the growth of capital by regular or single premiums. Common forms are Endowment, Money Back, Immediate Annuity, Deferred Annuity, and Unit Linked Insurance Plans.

 

Life Insurance - Term Life Insurance - Whole Life Insurance 

With a policy in place today, you can: 

1)provide security for your family

2)protect your home mortgage

3)look at your estate planning needs

4)look at other retirement saving & income vehicles

People buy life insurance because too often most of their other plans fail. They buy it because they realize the need of protection for their families after their death; or for a reserve for emergencies and additional income for later years. 

"With premiums for term life insurance at their lowest in years, you can get the right protection and a great value."

 

Did you know that a life insurance policy can?

  • Provide cash and income needs on and immediately following death such as unpaid bills and taxes and other obligations.
  • Prevent a family”s suddenly dropping from its accustomed standard of living after the death of the breadwinner. 
  • Provide continuous flow of funds for the living spouse.
  • Allocate income funds for the children”s education.
  • Provide a retirement income throughout old age.
  • Provide a reliable savings plan for the future.
  • Supplement income when earning power is destroyed by illness of accidents, such as covering medical expenses.
  • Furnish surplus earnings for the investors should disaster strike.

 

 The bottom line is this: While Life Insurance is not always the insurance product at the forefront of your thoughts; Life insurance is always a friend in time of need.

 

General Insurance:

In law and economics, general insurance is defined as a form of risk management basically used to hedge against the risk of a contingent, uncertain loss. General insurance is also defined as the equitable transfer of the risk of a loss, from one entity to another, in exchange for payment. An insurer is an institution or a company selling the insurance; an insured or policyholder is the person or entity who is buying the insurance policy. The general insurance rate is a factor used to determine the amount to be charged for a particular amount of insurance coverage, called the premium. Risk management, the practice of appraising and controlling risk, has come out as a discrete field of study and practice.

The transaction involves the clients assuming a guaranteed and known relatively very small loss in the form of money or payment to the insurer in exchange for the insurer”s promise to indemnify the insured in the case of a large, possibly bad loss. The insured receives a contract which is called the insurance policy that details the conditions and circumstances under which the insured will be compensated or indemnified.

General insurance or non-life insurance policies, including automobile and homeowners policies, provide payments depending on the loss from a particular financial event. General insurance typically comprises any insurance that is not determined to be life insurance. It is called property and casualty insurance in the U.S. and Non-Life Insurance in Continental Europe, India.

 Commercial lines products are usually designed for relatively small legal entities. These would include workers” comp (employer”s liability), public liability, product liability, commercial fleet and other general insurance products sold in a relatively standard fashion to many organisations. There are many companies that supply comprehensive commercial insurance packages for a wide range of different industries, including shops, restaurants and hotels.

Personal lines products are designed to be sold in large quantities. This would include autos (private car), homeowners (household), health insurance (Mediclaim), creditor insurance and others.

 

These are the common types of general insurance:

 

  • Home InsuranceHouses, lands and other real estate properties and hard assets are subject to accidental risks like theft, damage, destruction due to natural disasters or fire accidents etc. with such large investments gone into buying a real estate property like your home or office, the problem or risk involved is a loss of large amount of money. Home and property insurance protects you in managing and protecting against these risks. The cost of a real estate property and its monetary insurance is mostly based on the value of the already insured hard assets and also the place or location in which the assets are situated.

 

  • Travel InsuranceThis is intended to shoulder or cover any of the financial or any other losses which were basically incurred by the insured while on his journey or travelling, be it nationally or internationally, such as mountain trekkers, cruise travellers or simply as a tourist.

 

  • Auto Insurance: Any vehicle on the road, no matter how safe it is driver is, sometimes bound to meet with an accident or two, which may leave it with just a few scratches, or crash it up totally. Most countries today require or obliged you to have an auto insurance while on road in your vehicles. If you have an accidental auto crash, a total repair could cost you a lot or a fortune. On the other hand, a little scratch on your Land Cruiser may also soar up your bills to a high level. Whether or not you want or need auto insurance mostly depends on the type of automobile you own. If you have an expensive car and a little repair could worry you out financially, you should therefore decide in buying an all-inclusive and crash insurance which will protect you against any and every harm done to your vehicle.

 

  • Health Insurance: Whether you like it or not, almost always we face certain health challenges that may cause us a lot through medicines, hospitalization bills and other related expenditures.  If we will not be smart and ready enough with this kind of cases then we will surely find it so hard to face sickness and other form of health problems such as therapy and many other treatments. Health insurance is a hedge against unforeseen expenses arising due to health and disability.

 

  • Fire insurance: Fire is one truly big problem that may endanger our valuables, properties and even businesses.  Worse it may threaten our lives and those of or loved ones.  Well this would not be very hard unless we are ready to face such calamity with fire insurance.  This will help us become more secured and ready to face fire cases.

 

  • Marine Insurance: Today world economies have become so inter connected that each nation depends on some other for it needs. A simple definition of the word insurance would be “Protection against future loss.”  Marine insurance is another variant of the general term “insurance” and as the name suggests is provided to ships, boats and most importantly, the cargo that is carried in them. Marine insurance is very important because through marine insurance, ship owners and transporters can be sure of claiming damages especially considering the mode of transportation used. Of the four modes of transport – road, rail, air and water – it is the latter most which causes a lot of worry to the transporters not only because there are natural occurrences which have the potential to harm the cargo and the vessel but also other incidents and attributes which could cause a huge loss in the financial casket of the transporter and the shipping corporation.