In a strategic move aimed at enhancing efficiency and reducing paperwork in the mutual fund industry, the Independent Consultants and Advisors Association (ICAA) recently organized a collaborative session with MFU (Mutual Fund Utilities) to discuss and implement measures for the…
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The Principle of Contribution in insurance refers to a fundamental concept that applies when an individual insures the same risk with multiple insurance companies. According to this principle, if a person obtains insurance coverage for a particular risk from more…
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The principle of insurable interest is a fundamental concept in insurance that ensures the person buying insurance has a financial stake in the insured property or individual. In simple terms, it means that you must stand to suffer a financial…
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HDFC Mutual Fund made headlines on April 22 with the exciting announcement of the HDFC Manufacturing Fund’s launch. This innovative open-ended equity scheme is strategically crafted to unlock the immense potential of India’s dynamic manufacturing sector. It aims to achieve…
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Here are more detailed insights into the top 5 ELSS (Equity Linked Savings Scheme) funds based on their performance over the last three years: Quant ELSS Tax Saver Fund Returns (3 Years): 33.17% Assets Under Management (AUM): Rs 9,143.70 crore…
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The afternoon of April 25th, 2024, witnessed a gathering of distinguished figures marking a significant stride in the domain of financial and wealth management business development. The Independent Consultants Advisors Association (ICAA) and Advisors India orchestrated an insightful session at…
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