net asset value

Bank deposits and mutual funds: cogs of the same wheel

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Bank deposits and mutual funds: cogs of the same wheel

There is a view that in the growing pie of savings and investments, banks are losing out to mutual funds. That may be happening in the margins as India’s equity market has been on a bull run. But let us look at the big picture. While individuals are moving towards financialization of their savings and … Read more

Bajaj Allianz Life launches Nifty Alpha 50 Index Fund for ULIP customers; details here

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Bajaj Allianz Life launches Nifty Alpha 50 Index Fund for ULIP customers; details here

Bajaj Allianz Life introduced the Bajaj Allianz Life Nifty Alpha 50 Index Fund, which will be accessible to customers who currently own or plan to purchase unit-linked insurance products (ULIPs). For those unfamiliar, this is a market-linked index fund designed to replicate the performance of the Nifty Alpha 50 index. This index comprises 50 large-cap … Read more