2) Effective August 1, 2013 we completed the sale of our U.S. annuities business and certain of our U.S. life insurance businesses (collectively, our "U.S. Annuity Business"). As a result of this transaction ... mutual fund sales by Sun Life Global.
Investing in mutual funds (MF) when markets are at all-time high should not be worrisome, if you follow basic guidelines. In the last five months, Sensex has gained ... of beating the benchmark even in a bear market. For example, Birla Sun Life.
I had invested in mutual funds long ago. I want to redeem them ... Two, submit the redemption request to receive the money in the active account. The first step can be accomplished by submitting a change of bank request form to the mutual fund company.
Birla Sun Life Mutual Fund's Co-CIO Mahesh Patil said they are holding 5-6 percent cash in their equity funds. Normally, mutual funds maintain 4-5 percent cash levels to honour redemption commitments. The reason, according to these funds, is to be.
The offshore India fund - not domiciled in India - receives flows from overseas investors and in turn invests the money into the Indian markets. According to the report, India-focused offshore equity funds .... The shares were picked by Reliance Mutual.
We will begin today's presentation with an overview of our first quarter results by Dean Connor, President and Chief Executive Officer of Sun Life Financial. Following Dean's remarks, Colm Freyne, Executive Vice President and Chief Financial Officer.
Birla Sun Life Mutual Fund announces change in exit load structure under Birla Sun Life Monthly Income Fund, Birla Sun Life MIP II â€“ Savings 5 Plan, Birla Sun Life MIP Fund & Birla Sun Life Wealth 25 Plan and Birla Sun Life 95 Fund, with effect from .
Reliance, Birla Sun Life and ICICI Prudential already have mobile applications which allow users to invest and redeem from their liquid funds 24X7. Liquid funds are suitable for very short-term goals. ... your different portfolios every two or three.
This public platform can be jointly managed by RBI, SEBI, PFRDA and IRDA, as a public good under the FSDC sub-committee funded through funds reserved for financial development. Based on publicly available information, an annual report on the quality of .
Birla Sun Life Mutual Fund launched BSLMF Active Account - a Liquid Fund based ... Conveniences such as ease of use, ease of login, ease of transaction, ease of access are structurally embedded into its architecture. This new offering from us is poised.
What we did in 2003, a lot of these people are still active in the mutual fund industry and if a time comes in equity market where we will have to take a call to the investors that it is so expensive and it is so bubble and you should be taking your.
Four Blackstone entities today offloaded over 3.55 crore shares of Allcargo Logistics for more than Rs 640 crore. As per the bulk deal data available with BSE, Blackstone Gpv Capital Partners Mauritius V-A sold 1,08,98,874 shares or 4.44 per cent stake.
Birla Sun Life MF announces change in fundamental attributes of Birla Sun Life Ultra Short Term Fund with effect from March 12, 2014. ... Exit Load: For redemption / swith-out of units within 90 days from the date of allotment: 0.25% of applicable NAV.
As North Block has begun work on the Finance Bill 2017, ET Wealth reached out to experts from the financial services industry to know what they want to see in the coming Budget. Here are suggestions from some experts for Finance Minister Arun Jaitley.
Birla Sun Life Asset Management Company Limited, a part of Aditya Birla Financial Services Group, and investment manager for Birla Sun Life Mutual Fund (BSLMF), launched ... and begin their mutual fund transaction in a speedy manner.”.