ITI Mutual Fund has announced a distribution of Rs 0.10 per unit under the IDCW option of its ITI Balanced Advantage Fund (both regular and direct plan).
The record date is October 18, 2024.
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Buying gold on Dhanteras is not investing
Honour the ritual, but count Dhanteras jewellery as spending. Gold you hold as insurance needs a form you can sell cheaply, and a necklace is not that form.
Other Episodes
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What changed inside India's insurance regulator?
A consultation paper from IRDAI that reads more like an investigation than a policy proposal is a surprise for anyone who follows this industry
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Policyholders win 63% of complaints against insurers
IRDA data shows policyholders win at every stage, from the Bima Bharosa portal to the ombudsman to the courts. That says a lot about insurer behaviour.
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The final layer is human
An investing app can pick the fund but it cannot keep you from selling it at the bottom.
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Only 7% of life insurance payouts are death claims
IRDAI's own consultation paper shows surrender payouts are five times larger than death claims. This industry is not selling protection. It is selling an exit.
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