According to SEBI guidelines, any security which has a rating below BBB- is considered to be below investment grade. Haircut is mutual funds writing off the principal amount and the interest in case of a default. Association of Mutual Funds in India (AMFI) has recently issued guidelines on how fund managers should write down debt and handle below investment grade paper. An asset management company (AMC) is a firm that invests pooled funds from clients, putting the capital to work through different investments including stocks, bonds, real estate, master limited partnerships, and more. AMC managers are compensated via fees, usually a percentage of a client's assets under management. Life Insurance Corporation of India with assets of Rs 42 trillion, said it realised gains of Rs 42,000 crore from its investment in the equity markets in financial year 2021-22, an increase of 16.6 % from Rs 36,000 crore in FY21. LIC invests approximately 25 per cent of its assets under management (AUM) in the equity market. Out of the total AUM of Rs 42 trillion, 25% is in the equity market. LIC’s yield on investments dropped to 8.55% in FY22 compared with 8.69% in FY21.
The International Monetary Fund has preliminarily agreed to extend a 48 - month $2 . 9 billion loan recently to which country to help restore economic s...
In the list of most powerful women of Forbes, which state’s tribal woman Matilda Kullu has been added in it?
For the first time India’s equity market is ranked at ________ in the world in terms of market capitalisation.
Recently a “friendship hospital'' has been handed over to which country by India?
The new scheme "Pahal" by the Government of India is related to____________
The recent 3% hike in Dearness Allowance for central government employees raised DA to what percentage of the basic salary?
By what year is India's gig workforce projected to reach 23.5 million, according to NITI Aayog?
Which statutory return RBI prescribes for CRR under section 24 of Banking Regulation Act ?
Which major index will include India’s bonds starting from September 2025?
What was India's coal production for April 2024?