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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.
Animesh enters into a short position in a forward contract where the forward price is Rs.25 and spot price at maturity is Rs.30. What will be Animesh’...
__________ refers to the attitude that includes a questioning mind and a critical assessment of audit evidence.
What category did India achieve in the FATF Mutual Evaluation?
What does retributive justice emphasize?
Match the following inflation types with their correct descriptions:
1. Stagflation
2. Core Inflation
3. Reflation
A. When t...
Consider the following statements with reference to the IFSCA Act:
1) The IFSCA Act was enacted in 2019 to provide for the establishment of...
Under the MSMED Act, 2006, how is the classification of MSMEs determined?
A company’s quick ratio is 1.2. If inventory were purchased for cash, the:
Consider the following statement regarding the Reserve Bank of India's (RBI) actions and reports, on foreign currency liquidity management,
1...
Which of the following is typically excluded from the calculation of the firm’s working capital needs when using the Operating Cycle method?