For most of us, the objective of buying a Mediclaim policy is to meet any hospitalisation expenses. Not many, however, are aware of the full extent of succour that a health policy […]
Mediclaim Policy: Other benefits
Vivek Sharma
Investment Biker
Investing in balanced funds do make sense
Balanced funds, as the name suggests, are hybrid funds which typically invest in equities and debt instruments. There are equity-oriented as well as debt-oriented hybrid plans. The advantage of a balanced fund […]
ICICI Prudential Discovery Fund: Invest
Investments with a two to three year perspective can be made in ICICI Prudential Discovery Fund as its value investing` strategy holds considerable investment merit in the present market. That the fund […]
High returns + Assured returns–Buyer Beware!!
In the movie “Phir Hera Pheri”, the film’s hero Akshay Kumar meets Bipasha Basu, who promises to double his money in 14 days. It is indeed a mouth-watering proposition if it were […]
The Same Old ‘Highest NAV’ Trap
Birla Sun Life Insurance has launched ‘BSLI Platinum Advantage Plan’. One of the professed advantages of the BSLI Platinum series is that it safeguards against the possible downsides of the equity market […]
ICICI Bank, HDFC withdraw teaser home loan scheme
Private sector lenders ICICI Bank and HDFC Ltd today discontinued with teaser home loans — under which customers get credit at concessional rates for the first few years — in a move […]
LIC settles claims worth of Rs 53,954 crores
Life Insurance Corporation of India (LIC) has settled over 2.11 lakh claims during the 2009-10 fiscal amounting over Rs 53,954 crore. LIC chairman T.S. Vijayan said at least 97.47% total maturity claims […]
From November 15, No third-party cheques allowed for mutual fund investments
Come November 15, 2010 and mutual fund companies will start rejecting your mutual fund application, in case the cheque is not from investor’s bank account (third party cheque). This is to […]
Keep Jumping
Someone asked rich investment banker Rothschild, " How did you become so rich?" He answered," I always waited for my opportunity and when it came jumped on it." The man said," I […]
UTI AMC to expand its micro-pension business
UTI Asset Management Company today said it plans to spread its micro-pension business across the country to gain size and profitability. "Unless we get very large volume, micro-pension will not be a […]
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