News

The government has appointed Ajay Seth, a 1987-batch IAS officer, as the new Chairman of IRDAI.
Associate distributors are affiliates of fund houses. For instance, Axis Bank is the associate distributor of Axis MF. Fund ...
IRDAI has proposed the appointment of internal insurance ombudsmen to handle complaints involving claims of up to Rs. 50 lakh ...
Tata AIA Life has secured the highest number of Million Dollar Round Table (MDRT) members in India for the third consecutive ...
Data shared by Franklin Templeton MF shows that the average SIP ticket size or the average AUM per SIP folio has increased to Rs. 2,966 as of June 2025, surpassing its previous peak of Rs. 2,861 ...
When ranked by the proportion of regular equity AUM to total equity AUM, Union MF (96%), Baroda BNP Paribas MF (94%), and Samco MF (92%) lead the industry. Shriram MF and Sundaram MF also derive over ...