Indian Insurance Industry News & Updates
Kerala well-positioned for mutual fund growth with disciplined saving habits: AMFI
Kerala’s mutual fund assets under management (AUM) have touched ₹94,829.36 crore as of May 31, 2025 representing 1.3 per cent of the country’s total AUM of ₹72.19 lakh crore. As of March 2024, the AUM was ₹65,122 crore. Venkat Chalasani, Chief Executive, Association of Mutual Funds in India (AMFI) said the State is steadily deepening its presence in India’s mutual fund landscape, thanks to investors rising financial awareness, growing digital access and a strong culture of savings.
IRDAI flags lapses in health insurance claims, issues show-cause notices, says Report – Here are 8 insurers under scrutiny
The Insurance Regulatory and Development Authority of India (IRDAI) has initiated the process to issue show-cause notices to eight insurance companies due to irregularities detected in their health insurance portfolios, a CNBC TV18 report stated citing sources.
Mutual funds flood market with new fund offers
Mumbai: Mutual funds are riding on the bullish sentiments in the primary markets, not just by investing in them, but also attracting some investments by launching a spate of new fund offers. Currently, there are 18 new fund offers of MFs waiting to be grabbed by investors, and this trend is likely to gain momentum, with new entrants in the asset management space launching NFOs in the next few months.
ICICI Prudential AMC Mega IPO: Everything you need to know about India’s second-biggest financial issue this year – Big money. Big moves
What does it mean when one of India’s largest asset managers decides to go public? Is this just another IPO or a rare window into the engine room of India’s booming mutual fund industry? ICICI Prudential Asset Management Company – the joint venture between ICICI Bank and UK-based Prudential – has officially filed its draft papers, setting off a wave of speculation and anticipation on Dalal Street.
200 companies under SEBI’s scanner, investigation against pump and dump: Report
The Securities and Exchange Board of India (SEBI) is launching a massive investigation against pump and dump operations on the stock market. According to a NDTV Profit report, SEBI is investigating about 200 listed private companies that are suspected of inflating stock prices and offloading on retail investors.
405, TSL Corner
contact@nurcmedianext.com
+91-11-49849324, +91-9958949710
