SIFs, a new asset class, allows investors to enhance returns, diversify risks, have greater clarity of financial goals

SIFs, a new asset class, allows investors to enhance returns, diversify risks, have greater clarity of financial goals

Discretionary portfolio managers have grown by ₹4.26 lakh crore since then. And even mutual fund investors have discovered the power of risk-adjusted returns through categories such as balanced advantage funds ( ₹2.9 lakh crore of assets under management) and multi-asset funds ( ₹4.33 lakh crore of AUM). The Securities and Exchange Board of India recently…

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One contact number, two policyholders: What’s wrong with ICICI Lombard’s back-end

One contact number, two policyholders: What’s wrong with ICICI Lombard’s back-end

Imagine logging into your insurance account, only to find a stranger’s policy details displayed instead. To make matters worse, imagine the stranger being mistakenly listed as your spouse.  For at least two policyholders of ICICI Lombard, this wasn’t a bizarre hypothetical situation; it was a shocking reality, raising serious concerns about data security at one…

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