Search results
Results from the WOW.Com Content Network
Restructuring of Unit Scheme-1964 brought the large equity holdings along with other assets including real estate and 25 assured-return schemes to the Specified Undertaking of The Unit Trust of India (SUTTI). As of 2016, SUTTI had stakes in 43 listed and 8 unlisted companies valued more than Rs. 60,000 Crores. [10]
Unit linked funds insurance plans existed pre 2000. An early adopter for unit-linked insurance plan was launched by Unit Trust of India. [1] With the Government of India opening up the insurance sector to foreign investors in 2001 [2] and the subsequent issue of major guidelines for unit-linked insurance plans by the Insurance Regulatory and Development Authority, now the Insurance Regulatory ...
According to SEBI, during FY 2022–23, 73% of mutual fund units were redeemed within 2 years of investment. Only investments in 3% of the units continued for more than 5 years. [3] [4] According to the Reserve Bank of India report, mutual funds attracted 6% of household savings in FY2023 and less than 1% went into direct equities.
ET Money was founded in 2015 by Mukesh Kalra, who earlier founded the fintech company Moneysights in 2009, which was later acquired by Times Internet in October 2014. . Moneysights was backed by ex-HP and IBM executive Prasad Duvvuri, Blume Ventures and Naveen Tewari of
Discover the top 10 investments for 2024 to maximize returns and manage risk. Choose the best options for you.
SoFi was founded in 2011 as a student loan refinancing company. In 2019, SoFi — , short for Social Finance — expanded into investment services, offering a user-friendly platform to new investors.
SEBI has issued two show-cause notices to the top five brokers namely Anand Rathi Commodities, India Infoline Commodities (IIFL), Geofin Comtrade, Motilal Oswal Commodities, and Phillip Commodities, on charges of mis-selling NSEL contracts by promising assured returns without ensuring delivery.
Overview: Best low-risk investments in 2024 1. High-yield savings accounts. While not technically an investment, savings accounts offer a modest return on your money. You’ll find the highest ...