How to cancel an insurance policy during free-look period and get a refund
The law allows 15 days as free-look period from the date of receipt of the policy document to the policyholder. The policyholder is allowed to cancel the policy during this period and get a refund Types of policies Free-look period is available only…
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No relief for struggling bond market as RBI seen tightening money tap
Reserve Bank of India is seen curtailing its support for the bond market, dashing hopes of relief for investors reeling under two straight months of declines. The central bank may buy ₹1.7 trillion ($24 billion) of debt in the year starting April 1,…
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Who Is Crazy Enough To Buy Bonds With Negative Yields? Hopefully Your Bond Manager
In a world with $7 trillion of government bonds that yield negative interest rates, one question still puzzles investors: who in their right mind is buying them? Why don’t investors buy higher-yielding US government bonds instead? The answer lies in…
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The question of privacy in Open Banking and how banks are answering it
India is no newcomer to the idea of Open Banking. NCPI (National Payments Corporation of India) drew the first initiative of Open Banking in India in the form of its Unified Payment Interface (UPI), an instant interbank payment system, in…
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Things NRIs must remember before buying any property in India
The Foreign Exchange Management Act (FEMA) stipulates that an Indian citizen residing outside the country can invest in Indian real estate, provided that the property in question is not agricultural land, plantation property or a farmhouse. Having said that, the…
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Here’s why carnage in mid & small-cap stocks hit hybrid aggressive funds
On a one-year basis, hybrid aggressive funds are down 3.3 percent on an average. That is not new — Hybrid aggressive funds can well deliver losses on a one-year time frame. What is surprising this time around is that this average…
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5 things mutual fund investors should remember in the current scenario
Many mutual fund investors are concerned about the escalating tension between India and Pakistan, say mutual fund advisors. “Investors are asking us which schemes are the best to tide this uncertain time, whether they should stop their SIPs or make…
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Lower commissions may force small mutual fund advisors to shut shops
Ban on upfront commissions last year and a lower trail commissions from April this year are likely to force many smaller mutual fund advisors to leave the industry, fear mutual fund advisors. Some smaller mutual fund advisors have already shut shop after Sebibanned…
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Look who is bleeding most: Pak stocks down 8% since Feb 14; Sensex steady
NEW DELHI: Pakistan’s benchmark KSE100 plunged over 3 per cent in Wednesday’s trade after Indian Air Force shot down one of three F-16 jets of Pakistan Air Force (PAF) that had violated Indian air space. The flareup in tension between India and Pakistan weighed…
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4 Small-Cap Funds That Gained the Most in the Past Year
Small-cap funds have generated pretty decent one-year returns. More Small-cap mutual funds have generated outstanding returns over the past year. Despite higher prices and brokerage fees, these funds outperformed their peers in the period. Per Morningstar, these funds generated an…
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