The regulations did make the product more investor-friendly, but it also
took away the incentive for distributors to sell these plans. The
contribution of Ulips to the total 'new business premium' (individual
non-single) fell from 59% in March 2010 to 15% in March 2013.
A number of companies today are trying to bridge the gap between what your insurer covers and what you spend on
healthcare discount cards. They promise between 30-50 per cent discount on
diagnostic tests, doctor consultation and even medicine.
While pension funds may not give chart-bursting returns like the risky
equity-oriented funds, they are ideal for investing over long horizons. Let's see how good these funds are compared to other options such as
endowment plans and new pension system, or NPS, for retirement planning.
Peter Lynch is a rock star for investors around the world. One reason
for this is his extensive writings where he shares, in a simple manner,
how he invests. Money Today tells you how you can benefit from his investing strategy.
Healthcare costs constitute a significant part of household budgets,
including treatments, preventive checkups and health insurance premiums,
and it's increasing every year. However, not everyone is aware that income tax deduction is available on some healthcare costs.
First things first: Start with a review of 2013.
How did you fare? What did you miss? Which tasks are pending? Where
did you make mistakes? Were your investments on track? This will help
you know the steps you need to take to improve your finances.
A number of Europe-based feeder funds are being launched in India,
including the JP Morgan Europe Dynamic Offshore Fund. Anis Lahlou-Abid,
Executive Director & Portfolio Manager, Dynamic Team, European
Equity Group, JP Morgan, speaks with Dipak Mondal on the rationale for
investing in Europe.
Stocks of pharmaceutical companies had a stellar run in 2013. The trend is likely to continue. According to the India Brand Equity Foundation, the main drivers for the
industry will be outsourcing and investments by MNCs, spread of health insurance and improved health-care