All IPO Detail

IPO List

Get Investment Advice from India's Top Experts 

Save Rs. 100 with Daily SIP

<h2>IPO List:</h2>Initial Public Offering (IPO) is a process when a private company offers its shares to the general public for the first time by issuing new shares or selling some existing shares. It helps the company to raise capital from the general public &amp; other institutional investors. The company offers these shares at a premium to the face value of the share. The process of selling and buying of shares in the IPO is done in the primary market. The companies approach investment banks who set the issue price, date and help to sell the shares in the market by gauging demand.Investors who want to apply for the IPO are required to have a Demat account with a stockbroker. Investors can apply for the IPO online through an ASBA (Application Supported by Blocked Amount) or UPI (Unified Payment Interface).In this space, ZFunds provides every detail of the upcoming IPOs, ongoing IPOs, latest &amp; previous IPOs. All information including the company history, financials, and other IPO details like open &amp; close date, issue price, lot size, etc are available here.<h2>Upcoming/Ongoing IPOs</h2><figure class="table"><table><tbody><tr><td>Company Name</td><td>Open Date</td><td>Close Date</td><td>Issue Price (in ₹)</td><td>Lot Size</td><td>Issue Size (in ₹ Cr.)</td></tr><tr><td>ESAF Small Finance Bank IPO</td><td>&nbsp;</td><td>&nbsp;</td><td>&nbsp;</td><td>&nbsp;</td><td>8,000</td></tr><tr><td>GoAir</td><td>&nbsp;</td><td>&nbsp;</td><td>&nbsp;</td><td>&nbsp;</td><td>4,000</td></tr><tr><td>Adani Wilmar</td><td>&nbsp;</td><td>&nbsp;</td><td>&nbsp;</td><td>&nbsp;</td><td>5,000</td></tr><tr><td>Apeejay Surrendra Park Hotels IPO</td><td>&nbsp;</td><td>&nbsp;</td><td>&nbsp;</td><td>&nbsp;</td><td>1,000</td></tr><tr><td>Star Health Insurance</td><td>&nbsp;</td><td>&nbsp;</td><td>&nbsp;</td><td>&nbsp;</td><td>3,000</td></tr><tr><td>SAMHI Hotels IPO</td><td>&nbsp;</td><td>&nbsp;</td><td>&nbsp;</td><td>&nbsp;</td><td>2,000</td></tr><tr><td>Annai Infra Developers IPO</td><td>&nbsp;</td><td>&nbsp;</td><td>&nbsp;</td><td>&nbsp;</td><td>200-225</td></tr><tr><td>HDB Financial Services IPO</td><td>&nbsp;</td><td>&nbsp;</td><td>&nbsp;</td><td>&nbsp;</td><td>8000</td></tr><tr><td>Muthoot Microfin IPO</td><td>&nbsp;</td><td>&nbsp;</td><td>&nbsp;</td><td>&nbsp;</td><td>1000</td></tr><tr><td>Srei Equipment Finance IPO</td><td>&nbsp;</td><td>&nbsp;</td><td>&nbsp;</td><td>&nbsp;</td><td>2,000</td></tr><tr><td>Shriram Properties IPO</td><td>&nbsp;</td><td>&nbsp;</td><td>&nbsp;</td><td>&nbsp;</td><td>750</td></tr><tr><td>Harsha Engineers IPO</td><td>&nbsp;</td><td>&nbsp;</td><td>&nbsp;</td><td>&nbsp;</td><td>370</td></tr><tr><td>Hinduja Leyland Finance IPO</td><td>&nbsp;</td><td>&nbsp;</td><td>&nbsp;</td><td>&nbsp;</td><td>500</td></tr><tr><td>Aakash Educations IPO</td><td>&nbsp;</td><td>&nbsp;</td><td>&nbsp;</td><td>&nbsp;</td><td>1,000</td></tr><tr><td>Century Metal Recycling IPO</td><td>&nbsp;</td><td>&nbsp;</td><td>&nbsp;</td><td>&nbsp;</td><td>700</td></tr><tr><td>LIC IPO</td><td>&nbsp;</td><td>&nbsp;</td><td>&nbsp;</td><td>&nbsp;</td><td>-</td></tr></tbody></table></figure><h2>Latest IPOs</h2><figure class="table"><table><tbody><tr><td>Company Name</td><td>Open Date</td><td>Close Date</td><td>Issue Price (in ₹)</td><td>Lot Size</td><td>Issue Size (in ₹ Cr.)</td><td>Listing Price (in ₹)</td></tr><tr><td>Aptus Value Housing Finance IPO</td><td>10 August 2021</td><td>12 August 2021</td><td>₹346 - ₹353</td><td>42 Shares&nbsp;</td><td>2,780.05</td><td>333</td></tr><tr><td>Chemplast Sanmar IPO</td><td>10 August 2021</td><td>12 August 2021</td><td>₹530 - ₹541</td><td>27 Shares</td><td>3,850</td><td>550</td></tr><tr><td>Nuvoco Vistas IPO</td><td>09 August 2021</td><td>11 August 2021</td><td>₹560 - ₹570</td><td>26 Shares</td><td>5,000</td><td>532</td></tr><tr><td>CarTrade Tech IPO</td><td>09 August 2021</td><td>11 August 2021</td><td>₹1,585 - ₹1,618</td><td>9 Shares</td><td>2,998.51</td><td>1,526</td></tr><tr><td>Exxaro Tiles IPO</td><td>04 August 2021</td><td>06 August 2021</td><td>₹118 - ₹120</td><td>125 Shares</td><td>161.09</td><td>126</td></tr><tr><td>Krsnaa Diagnostics IPO</td><td>04 August 2021</td><td>06 August 2021</td><td>₹933 - ₹954</td><td>15 Shares</td><td>1,212.33</td><td>1,005.55</td></tr><tr><td>Devyani International IPO</td><td>04 August 2021</td><td>06 August 2021</td><td>₹86 - ₹90</td><td>165 Shares</td><td>1,838</td><td>140.90</td></tr><tr><td>Windlas Biotech IPO</td><td>04 August 2021</td><td>06 August 2021</td><td>₹448 - ₹460</td><td>30 Shares</td><td>401.54</td><td>437</td></tr><tr><td>Rolex Rings IPO</td><td>28 July 2021</td><td>30 July 2021</td><td>₹880 - ₹900</td><td>16 Shares</td><td>731</td><td>1,250</td></tr><tr><td>Glenmark Life Sciences IPO</td><td>27 July 2021</td><td>29 July 2021</td><td>₹695 - ₹720</td><td>20 Shares</td><td>1,513.60&nbsp;</td><td>750</td></tr><tr><td>Tatva Chintan Pharma Chem IPO</td><td>16 July 2021</td><td>20 July 2021</td><td>₹1,073 - ₹1,083</td><td>13 Shares</td><td>500</td><td>2.111.85</td></tr><tr><td>Zomato IPO</td><td>14 July 2021</td><td>16 July 2021</td><td>₹72 - ₹76</td><td>195 Shares</td><td>9,375</td><td>116</td></tr><tr><td>Clean Science and Technology IPO</td><td>07 July 2021</td><td>09 July 2021</td><td>₹880 - ₹900</td><td>16 Shares</td><td>1,546.62</td><td>1,755</td></tr><tr><td>G R Infraproject IPO</td><td>07 July 2021</td><td>09 July 2021</td><td>₹828 - ₹837</td><td>17 Shares</td><td>963.28</td><td>1,715.85</td></tr><tr><td>India Pesticides IPO</td><td>23 June 2021</td><td>25 June 2021</td><td>₹290 - ₹296</td><td>50 Shares</td><td>800</td><td>350</td></tr><tr><td>Krishna Institute of Medical Sciences IPO</td><td>16 June 2021</td><td>18 June 2021</td><td>₹815 - ₹825</td><td>18 Shares</td><td>2,143.74</td><td>1,009</td></tr><tr><td>Dodla Dairy IPO</td><td>16 June 2021</td><td>18 June 2021</td><td>₹421 - ₹428</td><td>35 Shares</td><td>520.18</td><td>550</td></tr><tr><td>Sona BLW Precision Forgings Limited IPO</td><td>14 June 2021</td><td>16 June 2021</td><td>₹285 - ₹291</td><td>51 Shares</td><td>5,550</td><td>301</td></tr><tr><td>Shyam Metalics and Energy IPO</td><td>14 June 2021</td><td>16 June 2021</td><td>₹303 - ₹306</td><td>45 Shares</td><td>909</td><td>380</td></tr><tr><td>Powergrid InvIT IPO</td><td>29 Apr 2021</td><td>03 May 2021</td><td>₹99 - ₹100</td><td>1,100 Shares</td><td>₹7,734.99</td><td>107.90</td></tr><tr><td>Macrotech Developers (Lodha Developers) IPO</td><td>07 Apr 2021</td><td>09 Apr 2021</td><td>₹483 - ₹486</td><td>30 Shares</td><td>2,500</td><td>436</td></tr><tr><td>Barbeque Nation Hospitality IPO</td><td>24 Mar 2021</td><td>26 Mar 2021</td><td>₹498 - ₹500</td><td>30 Shares</td><td>452.87</td><td>489.85</td></tr><tr><td>Nazara Technologies IPO</td><td>17 Mar 2021</td><td>19 Mar 2021</td><td>₹1,100 - ₹1,101</td><td>13 Shares</td><td>546.70</td><td>1,990</td></tr><tr><td>Suryoday Small Finance Bank IPO</td><td>17 Mar 2021</td><td>19 Mar 2021</td><td>₹303 - ₹305</td><td>49 Shares</td><td>582.34</td><td>292</td></tr><tr><td>Kalyan Jewellers IPO</td><td>16 Mar 2021</td><td>18 Mar 2021</td><td>₹86 - ₹87</td><td>172 Shares</td><td>1,175</td><td>73.95</td></tr><tr><td>Craftsman Automation IPO</td><td>15 Mar 2021</td><td>17 Mar 2021</td><td>₹1,488 - ₹1,490</td><td>10 Shares</td><td>823.70</td><td>1,359</td></tr><tr><td>Laxmi Organics IPO</td><td>15 Mar 2021</td><td>17 Mar 2021</td><td>₹129 - ₹130</td><td>115 Shares</td><td>600&nbsp;</td><td>155.50</td></tr><tr><td>Anupam Rasayan IPO</td><td>12 Mar 2021</td><td>16 Mar 2021</td><td>₹553 - ₹555</td><td>27 Shares</td><td>760&nbsp;</td><td>520</td></tr><tr><td>Easy Trip Planners IPO</td><td>08 Mar 2021</td><td>10 Mar 2021</td><td>₹186 - ₹187</td><td>80 Shares</td><td>510</td><td>212.25</td></tr><tr><td>MTAR Technologies IPO</td><td>03 Mar 2021</td><td>05 Mar 2021</td><td>₹574 - ₹575</td><td>26 Shares</td><td>596.41</td><td>1050</td></tr><tr><td>Heranba Industries IPO</td><td>23 Feb 2021</td><td>25 Feb 2021</td><td>₹626 - ₹627</td><td>23 Shares</td><td>625.54</td><td>900</td></tr><tr><td>Railtel IPO</td><td>16 Feb 2021</td><td>18 Feb 2021</td><td>₹93 - ₹94</td><td>155 Shares</td><td>819.24</td><td>109</td></tr><tr><td>Nureca Limited IPO</td><td>15 Feb 2021</td><td>17 Feb 2021</td><td>₹396 - ₹400</td><td>35 Shares</td><td>100</td><td>615</td></tr><tr><td>Brookfield India REIT IPO</td><td>03 Feb 2021</td><td>05 Feb 2021</td><td>₹274 - ₹275</td><td>200 Shares</td><td>3,800</td><td>281.70</td></tr><tr><td>Stove Kraft IPO</td><td>25 Jan 2021</td><td>28 Jan 2021</td><td>₹384 - ₹385</td><td>38 Shares</td><td>400</td><td>498.00</td></tr><tr><td>Home First Finance IPO</td><td>21 Jan 2021</td><td>25 Jan 2021</td><td>₹517 - ₹518</td><td>28 Shares</td><td>1,153.72</td><td>618.80</td></tr><tr><td>Indigo Paints IPO</td><td>20 Jan 2021</td><td>22 Jan 2021</td><td>₹1,488 - ₹1,490</td><td>10 Shares</td><td>1,176</td><td>2607.50</td></tr><tr><td>IRFC Limited IPO</td><td>18 Jan 2021</td><td>20 Jan 2021</td><td>₹25 - ₹26</td><td>575 Shares</td><td>4,633.38</td><td>24.90</td></tr><tr><td>Antony Waste Handling Cell Limited IPO</td><td>21 Dec, 20</td><td>23 Dec, 20</td><td>313-315</td><td>47 Shares</td><td>300.00</td><td>436.10</td></tr><tr><td>Mrs. Bector Food Specialties Food Limited IPO</td><td>15 Dec,20</td><td>17 Dec,20</td><td>286-288</td><td>50 Shares</td><td>540.54</td><td>500</td></tr><tr><td>Burger King India Limited IPO</td><td>2 Dec, 20&nbsp;</td><td>4 Dec, 20</td><td>59-60</td><td>250 Shares</td><td>810.00</td><td>115.35</td></tr><tr><td>Gland Pharma Limited IPO</td><td>9 Nov, 20</td><td>11 Nov, 20</td><td>1490-1500</td><td>10 Shares</td><td>6,479.55</td><td>1,710</td></tr><tr><td>UTI AMC Limited IPO</td><td>29 Sep, 20</td><td>01 Oct, 20</td><td>552-554</td><td>27 Shares</td><td>2,159.88</td><td>476</td></tr><tr><td>CAMS Limited IPO</td><td>21 Sep, 20&nbsp;</td><td>23 Sep, 20</td><td>1229-1230</td><td>12 Shares</td><td>2,244.33</td><td>1,518</td></tr><tr><td>Chemcon Specialty Chemicals Limited IPO</td><td>21 Sep, 20&nbsp;</td><td>23 Sep, 20</td><td>338-340</td><td>44 Shares</td><td>318.00</td><td>731</td></tr></tbody></table></figure><h2>Important Terms:</h2><ol><li>Issue Size: Issue Size is the total value of the IPO. It is calculated by multiplying the number of offered shares by the issue price.</li><li>Lot Size: Lot Size is the minimum number of shares required to be subscribed by the applicant. For example- A&nbsp; lot size of 50 shares would mean an applicant would need to apply for at least 50 shares.</li><li>Issue Price: The price at which the issuing company is going to offer the securities to the investors.</li><li>Open Date: The date on which the bidding process for IPO opens for application by investors.</li><li>Close Date: The date on which the bidding process for IPO closes for application by the investors.</li><li>Allotment Date: The date at which the allotment of shares is done by the registrar.</li></ol><h3>Frequently Asked Questions.</h3><h3>1. What is an IPO?</h3>IPO stands for Initial Public Offer. It is a process when a private company becomes a public company by raising funds from the general public &amp; institutional investors and gets listed on the stock exchange.<h3>2. What is the Stock Exchange?</h3>The stock exchange is a market of equity securities where investors can buy or sell shares. There are two exchanges in India: BSE (Bombay Stock Exchange) and NSE (National Stock Exchange).<h3>3. Who decides the price band?</h3>The company appoints the Investment or Merchant Banks who helps to decide the price band of the IPO.<h3>4. What is the role of the Registrar?</h3>Registrar is an independent financial institution registered with SEBI and the stock exchange. It is responsible for the processing of IPO applications and allotment of shares as per the SEBI guidelines. The duties of the registrar also include passing refunds and credit of shares to the Demat account.<h3>5. What is an Offer for sale?</h3>An offer of sale is the process of selling the shares to the general public by the promoters of the company.<h3>6. What is the primary and secondary market?</h3>In the Primary Market, the company offers its shares for the first time to the general public through an IPO.In the Secondary market, the buying and selling of already listed shares are done on the stock exchanges.<h3>7. How to apply for an IPO?</h3>To apply for the IPO, you need to have a Demat account with a stock broker. And then with that account, one can apply for the IPO through ASBA or UPI payment mode offered by banks.<h3>8. Do we need to have a pan card to apply for an IPO?</h3>Yes, PAN Card is mandatory to apply for an IPO. As an IPO can be applied only through a Demat account and to open an account, one needs to mandatorily submit proof of PAN Card.<a href="https://zfunds.in/m/kalyan-jewellers-ipo">Kalyan Jewellers IPO</a><a href="https://zfunds.in/m/antony-waste-handling-cell-ipo">Antony Waste Handling Cell IPO</a> <a href="https://zfunds.in/m/mrs-bectors-food-specialities-limited-ipo">Mrs. Bectors Food Specialities Limited IPO</a> <a href="https://zfunds.in/m/gland-pharma-ipo">Gland Pharma IPO</a> &nbsp;&nbsp;&nbsp;&nbsp;

[{"desc":"akshit","widgetId":"30cb4712-9380-4ec4-b194-be52a58376e0"}]

rajib

askit

डेट फंड और एफडी में बड़ा अंतर यह है कि डेट फंड फ्लेक्सबिल्टी के साथ बहुत अधिक विकल्प प्रदान करते हैं। अक्टूबर 2019 के अनुसार बैंक अपनी एफडी पर केवल 5% से 8 % तक ब्याज देते हैं।दूसरी ओर डेट फंड ब्याज दरों की गिरावट से लाभान्वित होंते हैं, क्योंकि डेट फंड्स एनएवी की सराहना करते हैं जब दरें गिरती हैं।

डेब्ट-म्यूचुअल-फंड-या-फिक्स्ड-डिपॉजिट-क्या-बेहतर-है

या-फिक्स्ड-डिपॉजिट-क्या-बेहतर-है-

या फिक्स्ड डिपॉजिट क्या बेहतर है?

एक समय था जब बैंक फिक्स्ड डिपॉजिट्स (एफडी) रूढ़िवादी(Conservative) निवेशकों के लिए बहुत लंबे समय के लिए पसंदीदा निवेश एवेन्यू था। यह पूंजी संरक्षण सुनिश्चित करते हुए ब्याज कमाने का सबसे अच्छा विकल्प था। पिछले कुछ वर्षों में, हुए बदलाओ में लोग म्युचुअल फंड कोर में आए हैं। नतीजतन,&nbsp; एफडी को अब सबसे लोकप्रिय दीर्घकालिक निवेश सम्पत्ति नहीं माना जाता है।2016 की नोटबॅंधी के दौरान, म्यूचुअल फंड कम जमा रिटर्न दरों के अवसर को भुनाने में सक्षम थे। इसके अलावा, कर बचत म्यूचुअल फंड की उपलब्धता के कारण, म्यूचुअल फंड कि प्रमुखता बढ़ी।&nbsp;डेट म्यूचुअल फंड में निवेश क्यों?डेट फंड और एफडी में बड़ा अंतर यह है कि डेट फंड फ्लेक्सबिल्टी के साथ बहुत अधिक विकल्प प्रदान करते हैं। अक्टूबर 2019 के अनुसार बैंक अपनी एफडी पर केवल 5% से 8 % तक ब्याज देते हैं।दूसरी ओर डेट फंड ब्याज दरों की गिरावट से लाभान्वित होंते हैं, क्योंकि डेट फंड्स एनएवी की सराहना करते हैं जब दरें गिरती हैं।उच्च तरलता: डेट म्यूचुअल फंड योजनाओं को अक्सर फिक्स्ड डिपॉजिट के लिए वैकल्पिक निवेश के रूप में देखा जाता है - क्योंकि वे समय के साथ आय प्रदान करते हैं। फिक्स्ड डिपॉजिट में आमतौर पर अनिवार्य लॉक-इन अवधि होती है जब्कि म्यूचुअल फंड से आप कभी भी निकास कर सकते हैं |&nbsp;कर दक्षता- हालांकि यह सच है कि डेट म्यूचुअल फंड स्कीमों पर लॉन्ग-टर्म और शॉर्ट-टर्म कैपिटल गेन टैक्स लागू होता है, यह ध्यान रखना चाहिए कि तीन साल के होल्डिंग के बाद इंडेक्सेशन का फायदा बढ़ता है और हर बीतते साल के साथ भी ।&nbsp;लचीलापन- डेट फंड स्कीम में निवेश किया गया पैसा अक्सर इक्विटी स्कीम या निवेशक के चयन की किसी अन्य स्कीम में आसानी से ट्रांसफर किया जा सकता है।&nbsp;अधिक रिटर्न- बचत बैंक खातों या एफडी जैसे;-&nbsp; पारंपरिक विकल्पों की तुलना में, डेट म्यूचुअल फंड कहीं अधिक रिटर्न की संभावना प्रदान करते हैं।&nbsp;&nbsp;फिक्स्ड डिपॉजिट में निवेश क्यों?&nbsp;बैंक चुने गए कार्यकाल के आधार पर एफडी में पूर्व-निर्धारित ब्याज दर प्रदान करते हैं।&nbsp;फिक्स्ड डिपॉजिट के बारे में एक अच्छी बात यह है, कि बाजार के उतार- चढ़ाव आपके कमाए गए रिटर्न को प्रभावित नहीं करते। इसलिए आम तौर पर, अर्थव्यवस्था में कम ब्याज दरों के दौरान भी एक बड़ी मार्जिन से फिक्स्ड डिपॉजिटआगे निकल जाती है।गारंटीड रिटर्न निवेश पर रिटर्न की गारंटी है। एफडी में आपके द्वारा जमा की गई राशि के जमा के समय से ही&nbsp; ब्याज दर पर ब्याज अर्जित करता हैं। बाजार में उतार-चढ़ाव आपके निवेश पर रिटर्न को प्रभावित नहीं करता है। शायद यही कारण है कि अधिकांश अनुभवी निवेशक अभी भी अपने निवेश का एक हिस्सा फिक्स्ड डिपॉजिट में रखना पसंद करते हैं|&nbsp;कार्यकाल फिक्स्ड डिपॉजिट कार्यकाल बहुत लचीला नहीं होता है, लेकिन उसमें कई विकल्प उपलब्ध होते हैं|&nbsp; यह ग्राहकों की आवश्यकताओं के आधार पर 7 दिनों से लेकर 10 वर्ष तक होता है। आप एक ही बैंक में एक या अलग-अलग कार्यकाल के लिए एक ही समय में कई फिक्स्ड डिपॉजिट खोल सकते हैं।बचत खाते की तुलना में फिक्स्ड डिपॉजिट पर रिटर्न की दर अधिक होती है। फिक्स्ड डिपॉजिट के कार्यकाल के आधार पर ब्याज दरों में बदलाव होता है।&nbsp;ब्याज भुगतान का तरीका ग्राहक ब्याज की आवृत्ति चुन सकता है, यह मासिक, त्रैमासिक या वार्षिक आधार पर होती हैं, और अन्य ग्राहकों की तुलना में वरिष्ठ नागरिकों के लिए ब्याज की दर अधिक है।फिक्स्ड डिपॉजिट के विरुद्ध ऋण लेना आसान यदि आपको तत्काल धन की आवश्यकता है, तो आपके फिक्स्ड डिपॉजिट के खिलाफ ऋण लेना आसान है। ग्राहक सावधि जमा की मूल राशि का 90% तक उधार ले सकता है। ग्राहक एफडी के खिलाफ ऋण लेने पर भी ब्याज अर्जित करता रहता है। यह ब्याज आपके ऋण को अधिक आसानी से चुकाने में आपकी सहायता करता है।संयुक्त फिक्स्ड डिपॉजिट खोलने के लिए विकल्प: बहुत से लोग नहीं जानते हैं कि उनके पास अपने पति या पत्नी, बच्चों या माता-पिता के साथ फिक्स्ड डिपॉजिट हो सकता है। हालांकि, यह याद रखना चाहिए कि समय से पहले निकासी या फिक्स्ड डिपॉजिट के खिलाफ ऋण के लिए आवेदन करने के मामले में, सभी एफडी धारकों को आवेदन पत्र पर हस्ताक्षर करने की आवश्यकता है।&nbsp;<figure class="table"><table><tbody><tr><td>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; डेब्ट फंड&nbsp;</td><td>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp;&nbsp;&nbsp;तुलना</td><td>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; एफडी&nbsp;</td></tr><tr><td>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; हाई रिटर्न</td><td>&nbsp; &nbsp; &nbsp; &nbsp; अपेक्षाकृत रिटर्न</td><td>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; लौ रिटर्न&nbsp;</td></tr><tr><td>&nbsp; &nbsp; &nbsp; &nbsp; मार्केटिंग रिस्क</td><td>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp;रिस्क</td><td>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; रिस्क-फ्री</td></tr><tr><td>&nbsp; &nbsp; &nbsp; &nbsp; हाई लिक्विडिटी</td><td>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; लिक्विडिटी&nbsp;</td><td>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; कम लिक्विडिटी&nbsp;</td></tr><tr><td>&nbsp; &nbsp; &nbsp; बहुत एफ्फिसिएंट</td><td>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp;&nbsp;टैक्स</td><td>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; नहीं हैं&nbsp;</td></tr><tr><td>&nbsp; &nbsp; &nbsp; हाई फ्लेक्सिब्लिटी</td><td>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; फ्लेक्सिब्लिटी&nbsp;</td><td>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; दृढ़ता</td></tr></tbody></table></figure>,

Arohan Financial Services Limited IPO details. Find IPO Date, Price, Allotment, GMP, Listing Date, Analysis, Company strength, valuation, Financial Performance and all other details 

Arohan Financial Services Limited IPO - Date, Price, Valuation, Company Strength, Details

arohan-financial-services-ltd-ipo

Arohan Financial Services Limited IPO

<h2>AROHAN FINANCIAL SERVICES LIMITED IPO</h2>Incorporated in 1991, Arohan Financial Services Limited is a leading NBFC-MFI with operations in the Low-Income States of India. It provides income-generating loans and other financial inclusion-related products to customers who have no or limited access to financial services. It is the largest NBFC-MFI in Eastern India and the fifth largest NBFC-MFI in India in terms of Gross loan Portfolio as of 30th September 2020. It had the second-highest GLP CAGR of 68% among the top 5 NBFC-MFI in India between fiscal 2017 to 2018. From fiscal 2018 to 2020, it had the highest customer growth among the top 5 NBFC-MFI at a CAGR of 49%.Arohan Financial Services commenced microfinance operations in 2006. As of 30th September 2020, it served approximately 22 lakhs borrowers in 17 states which included 12 states out of the 14 low-income states. Microfinance business branch network has 710 branches in 11 states and the MSME lending business branch network has 10 branches in 8 states.&nbsp;They offer a broad range of products to financially underserved customers. Financial products are classified into credit and insurance products. Credit products include income-generating loans and other loan products. Insurance products include life &amp; health insurance covers that are issued &amp; underwritten by certain Indian insurance companies. Along with this, it also offers term loans to small microfinance institutions (MFIs).The promoters of the company are Aavishkar Venture Management Services Private Limited and Intellectual Capital Advisory Services Private Limited.<h2>Strengths of the company</h2><ul><li>Fifth largest NBFC-MFI in India and largest NBFC-MFI in Eastern India. It focuses on low-income states.</li><li>A seasoned business model that incorporates a well-established risk management framework, loan approval processes, and recovery drives.</li><li>Has a customer-centric approach with diversified product offerings.</li><li>Advanced &amp; scalable technology-enabled infrastructure.</li><li>Access to multiple sources of capital and diverse borrowing relationships.</li></ul><h2>Purpose of the IPO</h2><ul><li>To increase the capital base of the company</li><li>For general corporate purposes.</li></ul><h2>Financial Performance of the company</h2><figure class="table"><table><tbody><tr><td>&nbsp;</td><td>For the six-month period ended 30th September 2020</td><td>FY 2020</td><td>FY 2019</td><td>FY 2018</td></tr><tr><td>Total Revenue</td><td>507.39</td><td>934.50</td><td>651.59</td><td>327.87</td></tr><tr><td>Total Expenses</td><td>425.88</td><td>766.92</td><td>474.45</td><td>280.44</td></tr><tr><td>Profit After Tax</td><td>62.56</td><td>126.80</td><td>127.64</td><td>30.97</td></tr><tr><td>Total Assets</td><td>5,813.31</td><td>5,280.82</td><td>3,853.09</td><td>2,303.67</td></tr></tbody></table></figure>*All the values are in crores and as per DRHP.<h2>Valuation of the Company</h2><figure class="table"><table><tbody><tr><td>&nbsp;</td><td>For the six-month period ended 30th September 2020</td><td>FY 2020</td><td>FY 2019</td><td>FY 2018</td></tr><tr><td>Basic Earnings per Share (EPS)</td><td>5.75</td><td>12.07</td><td>14.05</td><td>3.52</td></tr><tr><td>Diluted Earnings per Share (EPS)</td><td>5.74</td><td>12.05</td><td>14.02</td><td>3.51</td></tr><tr><td>Return on Net Worth (%)</td><td>12.29%</td><td>13.17%</td><td>18.31%</td><td>8.11%</td></tr><tr><td>Net Assets Value per Equity share</td><td>91.32</td><td>87.26</td><td>67.90</td><td>43.17</td></tr></tbody></table></figure>*As per DRHP.&nbsp;<a href="https://www.sebi.gov.in/filings/public-issues/feb-2021/arohan-financial-services-limited_49148.html">Arohan Financial Services Limited IPO DRHP</a><h2>IPO details</h2><figure class="table"><table><tbody><tr><td>Face Value</td><td>₹10 per equity share</td></tr><tr><td>Market Lot</td><td>Shares</td></tr><tr><td>Minimum Order Quantity</td><td>Shares</td></tr><tr><td>Price Band</td><td>₹ - ₹ per equity share</td></tr><tr><td>Issue type</td><td>Book Built Issue IPO</td></tr><tr><td>Issue Size</td><td>₹ Crores</td></tr><tr><td>Fresh Issue</td><td>₹850 Crores</td></tr><tr><td>Offer for Sale</td><td>2,70,55,893 equity shares</td></tr><tr><td>Listing&nbsp;</td><td>NSE, BSE</td></tr></tbody></table></figure><h2>Important IPO dates</h2><figure class="table"><table><tbody><tr><td>Open Date</td><td>May 2021</td></tr><tr><td>Close Date</td><td>May 2021</td></tr><tr><td>Basis of Allotment Date</td><td>May 2021</td></tr><tr><td>Initiation of Refunds</td><td>May 2021</td></tr><tr><td>The credit of shares to Demat Account</td><td>May 2021</td></tr><tr><td>Listing Date</td><td>May 2021</td></tr></tbody></table></figure><h2>Allocation Quota</h2><figure class="table"><table><tbody><tr><td>Category</td><td>Portion</td></tr><tr><td>Qualified Institutional Buyers (QIBs)</td><td>Not more than 50%</td></tr><tr><td>Non- Institutional Buyers (NIIs)</td><td>Not less than 15%</td></tr><tr><td>Retail Investors</td><td>Not less than 35%</td></tr></tbody></table></figure>Check your Arohan Financial Services Limited IPO allotment status here:Linkline IPO allotment Status: <a href="https://linkintime.co.in/MIPO/Ipoallotment.html">Click here</a>BSE IPO Allotment Status: <a href="https://www.bseindia.com/investors/appli_check.aspx">Click here</a>NSE IPO Allotment Status: <a href="https://www1.nseindia.com/products/dynaContent/equities/ipos/ipo_login.jsp">Click here</a>

ICICI Term Insurance - Know features, eligibility, tax benefits, types, plans, claim settlement process and how to apply ICICI Term Insurance

ICICI Term Insurance – Eligibility, Benefits and Plans, How to Apply

icici-term-insurance

ICICI Prudential Life or ICICI Prudential Life Insurance Company Ltd. is a joint venture between Prudential Corporation Holdings Ltd and one of the leading private sector banks, the ICICI Bank Ltd. The company has been providing smart financial protection and planning solutions since its incorporation in the year 2001, clubbed with an easy and convenient claim settlement experience to Indian customers. They have wide goodwill and are known for offering cost-effective products that induce people to protect and save themselves against unfortunate and unforeseen circumstances.&nbsp;In this article, we are going to discuss ICICI term insurance and its various significant aspects like benefits, types of plans, claim settlement, etc.&nbsp;&nbsp;<h2>WHAT IS TERM INSURANCE?</h2>Term insurance can be called one of the most basic types of insurance policies offered where the insurer ensures that the family members of the insured are given compensation up to the sum assured amount in case of demise of the insured during the selected tenure of the term insurance. These are designed to offer financial support to the family in case of an unfortunate event. Most term insurance plans come with other rider benefits at a slightly higher premium.&nbsp;<h2>FEATURES AND BENEFITS OF ICICI TERM INSURANCE</h2>1. Comprehensive coverage:Insurance seekers can get a comprehensive scope of coverage at minimum premiums and hence, ensuring that their family is taken care of from the financial front.&nbsp;2. Flexibility:ICICI offers you different term insurance plans offering flexible coverage and benefits. In this way, customers get a variety to choose from depending on their needs.&nbsp;3. Cost-effective:The premiums of ICICI Term Plans are extremely reasonable and low which allows the customers to afford higher sum assured so as to save secure their family in emergencies and unforeseen circumstance.&nbsp;4. Tax-free Benefits:The benefits received from these term insurance plans are completely tax-free in the hands of the family u/s 10(10D) of the Income Tax Act, 1961.&nbsp;&nbsp;5. Tax-free Premiums:The premium that policyholders pay for ICICI term insurance policies is eligible for tax deductions under Section 80C of the Income Tax Act, 1961. Insurees can claim up to Rs. 1.5 lakhs deduction by payments toward insurance premiums &amp; other payments or investments as specified by the government.&nbsp;6. Additional Riders:Additional rider benefits are also available under ICICI term insurance plans which provide customers with additional coverage. These can be inbuilt in the plan’s coverage itself or available as extra coverage at the payment of an additional amount of premium.<h2>LIST OF TERM INSURANCE PLANS OFFERED BY ICICI</h2>1. ICICI Pru iProtect Smart&nbsp;Eligibility:&nbsp;<figure class="table"><table><tbody><tr><td>Entry Age</td><td>Minimum age is 18 yrs and max is 65 yrs</td></tr><tr><td>Maturity Age&nbsp;</td><td>Minimum can be 23 yrs and max can be 75 yrs</td></tr><tr><td>Premium Payment Options&nbsp;</td><td>Limited Pay/Single pay/Regular Pay</td></tr><tr><td>Premium Payment Terms</td><td>Limited Pay: Policy Term minus 5 years / Single Pay: Single / Regular Pay: Same as Policy Term</td></tr><tr><td>Sum Assured</td><td>Minimum is subject to minimum premium and there is no limit for maximum</td></tr><tr><td>Minimum Premium Amount</td><td>Rs. 2,400 per annum excluding service tax and cesses (as applicable, for Life Option)</td></tr><tr><td>Premium Payment Mode</td><td>Monthly, Semi-annually, Annually, Single&nbsp;</td></tr></tbody></table></figure>Features:<ol><li>Enhanced protection against death, disability, and 34 terminal illness.</li><li>The choice to opt from 4 plans: Life option, Life &amp; Health option, Life Plus option, and All in One.</li><li>Option for availing Critical Illness benefit and Accidental Death Benefits for wholesome coverage.</li><li>In case of permanent disability due to an accident, one can avail a waiver of premium</li><li>Special premium tariff for non-addicts to tobacco</li><li>Discounted premiums for women</li></ol>2. ICICI Pru Life Raksha&nbsp;Eligibility:&nbsp;<figure class="table"><table><tbody><tr><td>Entry Age</td><td>Minimum age is 18 yrs and max is 60 yrs</td></tr><tr><td>Policy Term</td><td>Regular Pay: 5 yrs</td></tr><tr><td>Premium Payment Options&nbsp;</td><td>Same as policy term&nbsp;</td></tr><tr><td>Sum Assured</td><td>Minimum is Rs. 50,000 and Maximum is Rs. 5,00,000</td></tr><tr><td>Premium Amount</td><td>Based on the age of the insured and minimum and maximum sum assured&nbsp;</td></tr><tr><td>Premium Payment Mode</td><td>Monthly, Semi-annually, Annually&nbsp;</td></tr></tbody></table></figure>Features:<ol><li>A simple 5 yr term plan</li><li>Enjoy income tax deductions on process and premium</li><li>Choose from different premium payment modes.</li><li>Avail protection for family against liabilities &amp; loans in your absence</li></ol>3. ICICI Pru iCare IIEligibility:<figure class="table"><table><tbody><tr><td>Entry Age</td><td>One Pay - Min 18 yrs/ Max 60 yrsRegular Pay - Min 18 yrs/ Mac 65 yrs</td></tr><tr><td>Policy Term</td><td>One pay - 5/10 yrsRegular Pay - 5 yrs to 67 yrs</td></tr><tr><td>Premium Payment Options&nbsp;</td><td>One Pay: Single Premium&nbsp;Regular Pay: Monthly, Half-yearly and Yearly&nbsp;</td></tr><tr><td>Sum Assured</td><td> &nbsp;Minimum Sum AssuredAgePolicy TermOption 1Option 2605Rs. 86,543Rs. 85,0151830Rs. 3,03,413Rs. 2,85,375Max: No Limit</td></tr><tr><td>Minimum Premium Amount</td><td>Rs. 2,400 excluding GST and cesses as applicable</td></tr><tr><td>Premium Payment Mode</td><td>Monthly, Semi-annually, Annually&nbsp;</td></tr></tbody></table></figure>Features:<ol><li>Avail cost-effective complete protection against unforeseen events.</li><li>Choice to opt for accidental death benefit</li><li>Wholesome coverage</li><li>Enjoy income tax deductions on process and premium</li></ol><h2>HOW TO APPLY FOR ICICI TERM INSURANCE PLANS?</h2>1. Online:Some of the ICICI plans can be directly bought online, choose the term plan, fill up to needful details, upload the required documents and pay the premium online, that’s it. The process will be completed in few minutes and the company will then issue the policy within the shortest time span possible.&nbsp;2. Offline:You can buy ICICI Insurance offline either by visiting their nearest branch or by getting in touch with an agent. In both cases, you will be required to fill the application forms and attach the supporting documents. After the payment of the initial premium is made, you will be issued the policy under your name.&nbsp;<h2>CLAIM SETTLEMENT PROCEDURE&nbsp;</h2><ol><li>Download and fill the Claim Form available on the company website. This form can also be obtained from the nearest branch of ICICI Pru Life.</li><li>All the required details in the form should be filled and then this form along with the relevant needful documents as demanded by the insurance company should be submitted.</li></ol>The documents required for the same are:<ol><li>Claim form (filled and signed by the nominee)</li><li>Death certificate</li><li>FIR (if policyholder died in an accident)</li><li>Medical and hospital reports in case of demise due to diseases or illnesses</li><li>Any other documents as stated by ICICI Pru Life.</li><li>ICICI Pru Life Insurance will verify the claim form and the attached documents and will pay the death claim to the nominee.</li></ol>Also Read:<a href="https://zfunds.in/m/term-insurance-claim-settlement-ratio">Term Insurance Claim Settlement Ratio</a> <a href="https://zfunds.in/m/term-insurance-vs-life-insurance">Term Insurance vs Life Insurance - Coverage, Pros &amp; Cons</a> <a href="https://zfunds.in/m/child-insurance">Child Insurance - Types, Benefits, Best Child Insurance Plans</a> <a href="https://zfunds.in/m/what-is-term-insurance">What is Term Insurance</a> <a href="https://zfunds.in/m/lic-10-crore-term-insurance">LIC 10 Crore Term Insurance</a> <a href="https://zfunds.in/m/lic-tech-term-plan">LIC Tech Term Plan: Eligibility, Benefits, How to Apply, Application Form</a> <a href="https://zfunds.in/m/lic-10-crore-term-insurance">LIC 10 Crore Term Insurance</a> <a href="https://zfunds.in/m/lic-term-plans">LIC Term Plans - Types, How to Claim Insurance, Benefits</a> <a href="https://zfunds.in/m/max-life-term-insurance">Max Life Term Insurance – Eligibility, Benefits, Plans, How to Apply</a>

[{"desc":"ggggg","widgetId":"30cb4712-9380-4ec4-b194-be52a58376e0"}]

ggggg

ITI Mid Cap Fund NFO starts from 25th May 2021 and will end on 8th June 2021. Check all SIP details, features, risk, returns, taxation, who should invest.

ITI Value Fund NFO - Investment Objective, Features, Returns, Taxation

iti-value-fund-nfo

ITI Value Fund NFO

<h2>ITI Value Fund NFO</h2>ITI Mutual Fund has announced the launch of the ITI value Fund. The fund is an open-ended scheme that will follow a value investing strategy.The New Fund Offer (NFO) starts on 25th May 2021 and will end on 08th June 2021.<h2>Investment Objective&nbsp;</h2>The investment objective of the scheme is to provide long-term capital growth by investing in equity and equity-related securities by following a value investing strategy.<h2>Features</h2><ul><li>The Fund will be investing at least 65% of its assets in equity and equity-related securities.</li><li>The fund also offers some exposure to preference shares, debt &amp; money market instruments, and units of REITs and InvITs.</li><li>Stocks will have internal stock limits -</li></ul>Large-Cap - 7%Mid-Cap - 5%Small-Cap - 3%<ul><li>Fund will use the equity investment philosophy of SQL where S stands for Margin of Safety, Q stands for Quality of Business, and L stands for Low leverage.</li></ul><h2>Factors considered for Value Investing Strategy</h2><ul><li>Consistent earning power</li><li>Good Return on Equity (ROEs) with no or little debt</li><li>Strong management</li><li>Simple businesses</li><li>Stock trading at a good discount to its intrinsic value or book value</li></ul><h2>Equity Investment Process</h2>Following investment process is followed for selecting the underlying stocks:<ol><li>Bottom-Up stock selection -</li></ol><ul><li>Company growth drivers</li><li>Business quality assessment</li><li>Cost drivers</li></ul>2. Top-Down sector allocation -&nbsp;<ul><li>Identify emerging themes</li><li>Expected tailwinds</li><li>Macro economic orientation</li></ul>3. Eligible portfolio universe -<ul><li>Assessment of liquidity</li><li>SQL Philosophy</li><li>Valuations</li></ul><h2>Why invest in ITI Value Fund?</h2><ul><li>The fund will use the value investing strategy for investing.</li><li>It will use a bottom-up approach for stock selection and a top-down approach for sector allocation.</li><li>Fund will try to generate returns from re-ratings and earnings growth of the company.</li><li>Fund will offer the opportunity to participate in the turnaround success of the stocks.</li><li>It will use the disciplined approach during volatility.</li><li>Fund will have a limited relative downside while the upside potential is high.</li></ul><h2>Who Should Invest?</h2>This scheme is suitable for investors who are -<ul><li>Interested in long-term capital growth.</li><li>Interested in value investing strategy.</li><li>Investors looking for a diversified portfolio with relatively low downside risk.</li><li>Recommended for investors with an investment horizon of 3-5 years &amp; above.</li></ul><h2>Asset Allocation Pattern</h2><figure class="table"><table><tbody><tr><td>Instruments</td><td>Minimum % of total assets (Indicative)</td><td>Maximum % of total assets (Indicative)</td><td>Risk Profile</td></tr><tr><td>Equity and Equity-related securities</td><td>65%</td><td>100%</td><td>High</td></tr><tr><td>Preference Shares</td><td>0%</td><td>10%</td><td>Moderate to High</td></tr><tr><td>Debt and Money market instruments</td><td>0%</td><td>35%</td><td>Low to Moderate</td></tr><tr><td>Units of REITs and InvITs</td><td>0%</td><td>10%</td><td>Moderate to High</td></tr></tbody></table></figure><h2>About the Scheme</h2><figure class="table"><table><tbody><tr><td>Name of the fund</td><td>ITI Value Fund</td></tr><tr><td>Fund launched by</td><td>ITI Mutual Fund&nbsp;</td></tr><tr><td>Asset Management Company</td><td>ITI Asset Management Limited&nbsp;</td></tr><tr><td>Type of scheme</td><td>An open-ended scheme that will follow a value investing strategy</td></tr><tr><td>Investment Objective</td><td>The investment objective of the scheme is to provide long-term capital growth by investing in equity and equity-related securities by following a value investing strategy</td></tr><tr><td>Benchmark</td><td>Nifty 500 Value 50 TRI</td></tr><tr><td>Entry Load</td><td>Not Applicable</td></tr><tr><td>Exit Load</td><td>-If units redeemed or switched out within 12 months - 1% of applicable NAV-If units are redeemed or switched out after 12 months - NIL</td></tr><tr><td>Taxation</td><td>Taxed as Equity-If units are redeemed within 12 months, gains are taxed as short term capital gain tax @15%-If units are sold after 12 months, gains are taxed as long term capital gain tax @10% on the gains exceeding ₹ 1 lakh in a financial year</td></tr><tr><td>Minimum Application Amount&nbsp;</td><td>₹ 5,000 &amp; in multiple of ₹ 1 thereafter</td></tr><tr><td>Minimum Additional Amount</td><td>₹ 1,000 &amp; in multiple of ₹ 1 thereafter</td></tr><tr><td>Plans Available</td><td><ul><li>Regular</li><li>Direct</li></ul></td></tr><tr><td>Options</td><td><ul><li>Growth</li><li>Income Distribution Cum Capital Withdrawal</li></ul></td></tr><tr><td>Fund Managers</td><td>Mr. Pradeep Gokhale and Mr. Rohan Korde</td></tr></tbody></table></figure><h2>SIP Details</h2><figure class="table"><table><tbody><tr><td>Type&nbsp;</td><td>Minimum Installments</td><td>Minimum Amount</td></tr><tr><td>Daily SIP</td><td>30</td><td>₹ 500 &amp; in multiples of ₹ 1 thereafter</td></tr><tr><td rowspan="2">Weekly SIP</td><td>12</td><td>₹ 500 &amp; in multiples of ₹ 1 thereafter</td></tr><tr><td>6</td><td>₹ 1,000 &amp; in multiples of ₹ 1 thereafter</td></tr><tr><td rowspan="2">Monthly SIP</td><td>12</td><td>₹ 500 &amp; in multiples of ₹ 1 thereafter</td></tr><tr><td>6</td><td>₹ 1,000 &amp; in multiples of ₹ 1 thereafter</td></tr></tbody></table></figure>

Child Insurance - What are Child Insurance Plans, Features, Benefits, Types, How to select plan and find top Child Insurance providers in India. 

Child Insurance - Types, Benefits, Best Child Insurance Plans

child-insurance

<h2>WHAT ARE CHILD INSURANCE PLANS?</h2>Child Insurance Plans are the ideal way through which parents can financially secure their child’s future. From a very initial age of the child, parents can start investing a certain fixed amount every year which can be ascertained when the child attains a certain age or at the happening of a specific event like higher studies, marriage, etc. The significant stages of a child’s life can be secured conveniently through these plans. In certain plans, there are built-in flexibilities that waive off the premium and keep the policy active even after the death of parents. These options are very useful as no other alternative offers this option.&nbsp;In this article, we will discuss certain significant aspects like features, benefits, and top providers of child insurance plans.<h2>FEATURES OF CHILD INSURANCE PLANS&nbsp;</h2>1. Premiums:Either the premiums can be paid frequently on a regular basis for a limited period of time or they can be paid as a lump sum at the start of the policy period. Most insurance providers offer options such as monthly, quarterly, semi-annually, and annual payouts. In the case of traditional child plans, the premium amount differs as per the sum assured chosen.2. Maturity:The maturity corpus should opt with an eye on the future. This means that factors like inflation and interest rates should be taken into account else the released funds from the policy may fall short of the requirements in the future.&nbsp;&nbsp;3. Policy Tenure:The tenure of these kinds of plans can be selected from birth until the child reaches a predefined age. The insured/policyholder is not to be more than 70 years at a policy’s maturity.4. Riders:Additional riders are also available which adds up to the life insurance policy. The riders are available in 3 categories, namely, critical illness, premium waiver, and accidental death and disability.&nbsp;5. Segmented pay-outs:With these plans, parents can opt if the child will get payments in yearly installments or in a lump sum. Such a facility will help in paying dues such as college fees, marriage expenses, higher education expenses, appropriate funds for starting a venture among others.&nbsp;<h2>TYPES OF CHILD INSURANCE PLANS</h2>1. ULIPs:In this, the investments are made into market securities like equity, debt, &amp; other securities. The expected returns over a longer period of time is better than the traditional plans. The insured can even choose to invest in debt instruments, in which case it becomes identical to the traditional plans. The flexibility is totally in the hands of investors and switching in between the types of funds is also allowed.&nbsp;2. Traditional plans:&nbsp;These are plans where the amount of payout is guaranteed. The investments are usually made in low-yielding and safe products. The returns will not be great but they will be predictable and stable.&nbsp;<h2>BENEFITS OF CHILD INSURANCE PLANS</h2>1. Providing for immediate needs:The life insurance coverage from children’s plans provides the amount to provide for the child’s regular needs and assist the family to meet regular expenses like school education, higher education among others.2. Protection and security with waiver of premium:The insurance amount from these plans can be used to meet the immediate and regular needs besides meeting the future needs of the child in the event of the unfortunate demise of the parent.3. Income protection:Some plans provide income protection by means of regular income to children which is equal to one percent of the sum assured if parents are no more to pay the premium.&nbsp;4. Tax benefits:Investors are not only eligible for deductions upto Rs. 1.5 lakhs u/s 80C of the Income Tax Act 1961 for premiums paid for child plans, but also benefit from tax-free maturity process u/s 10(10D).&nbsp;<h2>HOW TO SELECT THE RIGHT PLAN FOR YOUR CHILD?</h2>1. Goal and investment capacity:The first thing you need to do is identify the goal and the amount you are ready to invest. Try to make an estimate of the amount you will spend on higher education and the marriage of your child. In this way, you will be able to choose the premium amount and policy term.&nbsp;2. Planning and analysis:After this, you should have a word with your financial advisor and research to calculate the sum assured in different plans. Go through a variety of plans from term plans, ULIP plans to savings plans and make an ideal choice.&nbsp;3. Comparison:Compare the different available plans on different grounds. Shortlist what seems to be ideal and suitable for your child.&nbsp;<h2>TOP CHILD INSURANCE PLAN PROVIDERS IN INDIA</h2><ol><li>Bajaj Allianz Young Assure</li><li>Bharti AXA Life Child Advantage Plan</li><li>Aditya Birla Sun Life Insurance Vision Star Plus</li><li>ICICI Pru SmartKid Solution</li><li>HDFCC SL Youngstar Super Premium</li><li>Kotak Headstart Child Assure</li><li>Max Life Shiksha Plus Super</li><li>PNB MetLife College Plan</li><li>SBI Life-Smart Scholar</li><li>TATA AIA Life Insurance Super Achiever</li></ol>Also Read:<a href="https://zfunds.in/m/term-insurance-claim-settlement-ratio">Term Insurance Claim Settlement Ratio</a> <a href="https://zfunds.in/m/icici-term-insurance">ICICI Term Insurance – Eligibility, Benefits, Plans, How to Apply</a> <a href="https://zfunds.in/m/term-insurance-vs-life-insurance">Term Insurance vs Life Insurance - Coverage, Pros &amp; Cons</a> <a href="https://zfunds.in/m/child-insurance">Child Insurance - Types, Benefits, Best Child Insurance Plans</a> <a href="https://zfunds.in/m/what-is-term-insurance">What is Term Insurance</a> <a href="https://zfunds.in/m/lic-10-crore-term-insurance">LIC 10 Crore Term Insurance</a> <a href="https://zfunds.in/m/lic-tech-term-plan">LIC Tech Term Plan: Eligibility, Benefits, How to Apply, Application Form</a> <a href="https://zfunds.in/m/lic-10-crore-term-insurance">LIC 10 Crore Term Insurance</a> <a href="https://zfunds.in/m/lic-term-plans">LIC Term Plans - Types, How to Claim Insurance, Benefits</a> <a href="https://zfunds.in/m/max-life-term-insurance">Max Life Term Insurance – Eligibility, Benefits, Plans, How to Apply</a>

Know difference between Term Insurance and Life Insurance in detail. Check pros and cons of Life and Term Insurance and which policy is ideal for you.

Understand the Difference Between Term Insurance and Life Insurance

term-insurance-vs-life-insurance

Term Insurance vs Life Insurance - Coverage, Pros & Cons

<h2>TERM INSURANCE VS LIFE INSURANCE&nbsp;</h2>Insurance policies are instruments that customers purchase to protect themselves and their loved ones. In the event of a contingency and unfortunate demise where the bread earner of the family is no more, these policies help provide for the family’s financial and survival needs. Apart from the protection and financial backing, one can also gain from tax deductions under section 80C of the Income Tax Act, 1961. Now the most popular question which arises while making a decision to opt for a policy is, whether to choose a life insurance plan or a term insurance plan.<h3>WHAT IS LIFE INSURANCE?</h3>Life insurance plans are comprehensive insurance plans that not only promise benefits on the maturity but also come with the flexibility of options of sum assured and tenure. The policyholder can opt for the maturity payout as a lump sum or in a staggered way, also a loan facility at a lower interest rate is also available. In crux, these give you financial protection for a lifetime.<h3>THE REALITY OF LIFE INSURANCE</h3>These insurance have a higher initial premium than an equal amount of term insurance. Here, the cost and value must not be confused. The life insurance buying decision and the positioning can be complex especially if the insurance is for business situations, estate planning, or complex family situations.<h3>WHAT IS TERM INSURANCE?</h3><a href="https://zfunds.in/m/term-insurance">Term insurance</a> can be called one of the most basic types of insurance policies offered where the insurer ensures that the family members of the insured are given compensation up to the sum assured amount in case of demise of the insured during the selected tenure of the term insurance. These are designed to offer financial support to the family in case of an unfortunate event. Most term insurance plans come with other rider benefits which can be availed by paying an additional premium.&nbsp;<h3>REALITY OF TERM INSURANCE&nbsp;</h3>These policies are designed to last for a certain tenure/period. After this period cease to exist, many policies can be renewed on an annual basis at a high premium depending upon the age of policyholder and this might result in the policy premium becoming somewhat higher. However still, it will be the cheapest option among all insurance options available.&nbsp;<h2>COVERAGE COMPARISON OF LIFE AND TERM INSURANCE&nbsp;</h2><figure class="table"><table><tbody><tr><td>BASIS</td><td>LIFE INSURANCE</td><td>TERM INSURANCE</td></tr><tr><td>Duration</td><td>Whole Life</td><td>5 - 67 yrs(varies)</td></tr><tr><td>Guaranteed death benefits?</td><td>Yes&nbsp;</td><td>Yes</td></tr><tr><td>Guaranteed cash value?</td><td>Yes</td><td>No</td></tr><tr><td>Premiums&nbsp;</td><td>Level&nbsp;</td><td>May increase or stay level for the policy duration</td></tr><tr><td>Risks&nbsp;</td><td>No risk compared to other permanent types but insurees may find better investment options elsewhere</td><td>No risk of losing coverage</td></tr><tr><td>How does cash value grow?</td><td>By earning interest at a certain rate, or as per market behavior (if market-linked)&nbsp;</td><td>Not Available&nbsp;</td></tr></tbody></table></figure><h2>PROS &amp; CONS COMPARISON OF LIFE AND TERM INSURANCE</h2>Pros:<figure class="table"><table><tbody><tr><td>LIFE INSURANCE</td><td>TERM INSURANCE</td></tr><tr><td>Does not expire, so insurees can keep it for as long as they need</td><td>No hidden fees, risks or exclusions</td></tr><tr><td>Works as a forced savings alternative</td><td>Policy can be canceled before it expires</td></tr><tr><td>The cash value component is fruitful for estate planning</td><td>Most affordable alternative&nbsp;</td></tr></tbody></table></figure>Cons:&nbsp;<figure class="table"><table><tbody><tr><td>LIFE INSURANCE</td><td>TERM INSURANCE</td></tr><tr><td>More expensive when compared to term insurance</td><td rowspan="3">Coverage expires at the end of the tenure so insurees will need to purchase a new policy or convert existing policy if in need of insurance.&nbsp;</td></tr><tr><td>Other investment alternatives offer higher interest rates&nbsp;</td></tr><tr><td>Surrender value of the policy changes with time</td></tr></tbody></table></figure><h2>HOW TO MAKE AN IDEAL CHOICE BETWEEN THE TWO?</h2>This question is very subjective and depends upon certain factors and parameters. The following listed factors will help you evaluate which policy is ideal for you as per your needs.&nbsp;1. Tenure:Term policies usually have a fixed policy term to avail benefits while flexible tenures are a feature of life insurance plans.&nbsp;2. Premiums:The premiums remain constant throughout the life insurance plan and in term plans, they may increase at the time of renewal. Also, it must be noted that the premium of a term plan will be considerably lower than that of life insurance.&nbsp;3. Cash Value:Premium paid toward life insurance doubles up as an investment. Your insurance provider can declare a bonus in case it makes profits and can also offer you a loan at lower rates. This loan amount is deducted from the sum assured. Whereas term insurance offers no such benefit but offers the most affordable option for life coverage. While opting for term insurance, individuals can consider other investment products like mutual funds for their investment needs as it will offer better &amp; higher potential returns than any life insurance plan. &nbsp;Also Read:<a href="https://zfunds.in/m/term-insurance-claim-settlement-ratio">Term Insurance Claim Settlement Ratio</a> <a href="https://zfunds.in/m/icici-term-insurance">ICICI Term Insurance – Eligibility, Benefits, Plans, How to Apply</a> <a href="https://zfunds.in/m/child-insurance">Child Insurance - Types, Benefits, Best Child Insurance Plans</a> <a href="https://zfunds.in/m/what-is-term-insurance">What is Term Insurance</a> <a href="https://zfunds.in/m/lic-10-crore-term-insurance">LIC 10 Crore Term Insurance</a> <a href="https://zfunds.in/m/lic-tech-term-plan">LIC Tech Term Plan: Eligibility, Benefits, How to Apply, Application Form</a> <a href="https://zfunds.in/m/lic-10-crore-term-insurance">LIC 10 Crore Term Insurance</a> <a href="https://zfunds.in/m/lic-term-plans">LIC Term Plans - Types, How to Claim Insurance, Benefits</a> <a href="https://zfunds.in/m/max-life-term-insurance">Max Life Term Insurance – Eligibility, Benefits, Plans, How to Apply</a>

[{"desc":"artiiiiiii","widgetId":""}]

artiiiiiii

artiiiiiii-hindi

artiiiiiii hindi

Term Insurance Claim Settlement Ratio – What is claim settlement ratio, importance, factors, calculation and know about low CSR from insurer

Term Insurance Claim Settlement Ratio – Factors, Importance, Calculation

term-insurance-claim-settlement-ratio

Term Insurance Claim Settlement Ratio 

<h2>WHAT IS THE CLAIM SETTLEMENT RATIO?</h2>The claim settlement ratio is the percentage of claims that an insurance provider has paid out in an FY compared to the number of claims received. This metric is regarded to be reliable for determining if an insurance provider comes to the rescue when the circumstance goes odd. It is always advised to go for a high claim settlement percentage provider as it will improve insurees chances of getting their claims accepted and settled by the company. Companies with a claim settlement ratio of 95% and above are taken as secure because the insurer is great at paying the claim amount to most customers.<h2>WHY CLAIM SETTLEMENT RATIO IS IMPORTANT?</h2>1. Indicates the insurer’s reliability and goodwill:This ratio indicates the ability of the insurer to pay the sum assured to the policyholder or their nominee. If an insurer is maintaining a consistent high CSR over a decent tenure, they are unlikely to make a default on their commitment.&nbsp;2. It helps the financial security of the family:The primary aim of buying term insurance is to ensure financial protection against unforeseen events. This purpose will be defeated if the insurer does not complete his commitment and provide the claim. On the other side, if the insurer has good CSR and honors most of the claims, you and your family are more likely to have a transparent, easy, and quick claim process.&nbsp;<h2>FACTOR INFLUENCING CLAIM SETTLEMENT RATIO</h2>1. Fraud:If the insurance provider suspects any fraudulent activity or the authenticity of the policyholder, they may end up rejecting the claims thereon and this will impact the CSR negatively.2. Nomination mistake/update:In case the insuree fails to mention any nominee while initiating the policy, it will affect the insurer because when processing the claims, it will be difficult for the insurer to determine the legal heir. No claims will be settled in case of disputes regarding the nominee.3. Non-disclosure:When purchasing an insurance policy, it is important to share valid information with the insurer. Any health concerns should be mentioned while purchasing the policy. In case you happen to hide certain adverse conditions that you may be suffering and the insurer finds it out later, it will affect your claim as it may get rejected. And this in turn will leave a negative impact on CSR.&nbsp;4. Ignorance:At times, the insuree may not understand the T&amp;C mentioned in the policy document. Any misunderstanding or ignorance needs to be addressed immediately before it impacts CSR.&nbsp;<h2>CALCULATION OF CLAIM SETTLEMENT RATIO</h2>CSR is calculated with the below formula:&nbsp;CSR = [total no. of claims settled/total no. of claims)] X 100&nbsp;For instance, a company R settles 19,000 claims out of the 20,000 claims for 2020-21. It’s CSR will be (19,000/20,000*100)&nbsp;CSR = 95%<h2>WHAT IF YOU BUY INSURANCE FROM INSURER HAVING LOW CSR?</h2>1. Claim Rejection:One of the most evident risks that the policyholder will face is the rejection of claims. During challenging and unfortunate times, if the claim is rejected, the dependents will have no financial security.&nbsp;2. Nobody to follow up the request:In case of rejection of the claim, awareness regarding the follow-up process of claim settlement is very important. And an entity with low CSR may not be able to attend follow-up requests efficiently.&nbsp;3. Financial Crises:If the sole bread earner of the family is no more and the claim is rejected by the insurance provider, the family might face a financial crisis and won’t be able to come out of it easily. So one should always opt for a provider having good CSR.&nbsp;<h2>SETBACKS OF CLAIM SETTLEMENT RATIO</h2>1. Number, not Value:The CSR does not speak about the volume of claims settled i.e. the total amount they paid, only the numbers are taken into the consideration. It may be possible that an entity having a high CSR is not having an equally good CSR in terms of value.&nbsp;2. No reflection of the quality of claim experience:The CSR does not signify the quality of the claim experience, settlement process, and time is taken to settle them. There is a possibility that an insurer with high CSR is taking an average of 45 days to settle a claim and the other one having slightly low CSR settles the claim in a week.Also Read:<a href="https://zfunds.in/m/icici-term-insurance">ICICI Term Insurance – Eligibility, Benefits, Plans, How to Apply</a> <a href="https://zfunds.in/m/term-insurance-vs-life-insurance">Term Insurance vs Life Insurance - Coverage, Pros &amp; Cons</a> <a href="https://zfunds.in/m/child-insurance">Child Insurance - Types, Benefits, Best Child Insurance Plans</a> <a href="https://zfunds.in/m/what-is-term-insurance">What is Term Insurance</a> <a href="https://zfunds.in/m/lic-10-crore-term-insurance">LIC 10 Crore Term Insurance</a> <a href="https://zfunds.in/m/lic-tech-term-plan">LIC Tech Term Plan: Eligibility, Benefits, How to Apply, Application Form</a> <a href="https://zfunds.in/m/lic-10-crore-term-insurance">LIC 10 Crore Term Insurance</a> <a href="https://zfunds.in/m/lic-term-plans">LIC Term Plans - Types, How to Claim Insurance, Benefits</a> <a href="https://zfunds.in/m/max-life-term-insurance">Max Life Term Insurance – Eligibility, Benefits, Plans, How to Apply</a>

फिक्स्ड-डिपॉजिट-क्या-बेहतर-है-

फिक्स्ड डिपॉजिट क्या बेहतर है?

Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund NFO reviewed in detail. The Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund NFO a fund from Aditya Birla Sun Life Mutual Fund is open from 19th May 2021 to 02nd June 2021. The scheme’s investment objective is to provide long-term capital growth by generating returns closely corresponding to the returns of the securities constituting the Nifty 50 Equal Weight Index. The benchmark of the fund is Nifty 50 Equal Weight Index TRI. The minimum application amount is Rs.500 and the minimum additional amount is Rs.500.&nbsp;

Info: