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@TheMuthootGroup will acquire IDBI #mutualfund & trustee company by end of Feb 2020, subject to regulatory approvals & other conditions being met. #Investors should have a word with #financialadvisors as #AdviceZarooriHai & #AdvisorZarooriHai. @bsindia @ETNOWlive @ValueResearch
It remains to be seen if the acquisition by MFIN brings any significant improvement in the performance of schemes. If you hold any of the schemes of IDBI #mutualfund & want @MMFA_IN views on whether to hold or sell, shoot an email at director@mmfa.in along with relevant info.
New #investors must take #financialadvisors #advice who will analyse new practices & strategies brought about by #MFIN. If the new systems & practices are in the best interest of the investors, then we may recommend. Always remember #MutualFundsSahiHai but not without an #advice.
In order to protect #policyholders #interest against unethical practices & to clear ambiguity #IRDAI is taking steps to curb mis-selling & bring in more transparency, as a policyholder make sure that one fully understand terms & conditions before purchasing #insurance policy.
A #policyholder must ensure if the policy matches his/her needs. They must read the fine print. Keep #insurance & #investment instruments separate & avoid combining the two. A #TermInsurance + #MutualFund is best combo. Remember, #AdviceZarooriHai & #AdvisorZarooriHai. @livemint
The whole purpose of taking an #insurance policy is to take care of the ‘If I die in the policy tenure’ part! Insurance is a pure #RiskManagement tool & is a must. One must be aware of the nitty-gritties of insurance policies. This is where role of a #financialadvisor comes.
