Top Indian Insurance Industry News & Updates - 21 July 2023,Friday

🏭 Industry

📝  Tax evasion probe into insurers to end by Nov
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🗎 Life Insurance

📝  Confused between Term Insurance and Life Insurance? Know the difference before buying a life cover
📝  LIC Dhan Vriddhi Scheme: Eligible policyholders can claim up to Rs 1.5 lakh under 80-C as tax benefit under this policy
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🗎 General Insurance

📝  Rush for cover: For claiming insurance on flood-damaged home, act on time
📝  Does your regular car insurance cover flood and water damage?
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🗎 Health Insurance

📝  Health Insurance for Chronic Illness: Get a plan with restoration benefits
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🏦 SEBI

📝  Sebi allows more ESG funds categories
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🗎 Mutual Funds / AMCs

📝  New Flexi Cap Fund from Bajaj Finserv AMC: NFO dates, who should invest in this equity mutual fund?
📝  MF passive funds may sell ₹3,800 cr of Jio Financial shares
📝  Sebi introduces a separate sub-category for ESG investments
📝  Sundaram Mid Cap Fund completes 21 years; offers 23.52% since inception
📝  Kotak Quant Fund may suit 'sophisticated' investors
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🗎 Equities, Pvt. Equity / Hedge Funds

📝  PE/VC investments down 23 pc in H1 to USD 27.5 billion: Report
📝  MO Alternates’ Real Estate Fund CEO Sharad Mittal quits, to start own venture
📝  Bain Capital front-runner to acquire majority stake in Adani Capital
📝  FIIs continue buying streak pumping ₹3,371 crore in Indian stocks; DII sell ₹193 crore; check details
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🗎 Govt Securities / Bonds

📝  Indian bond yields flattish, Friday's debt auction to provide cues
📝  State Bank of India plans infra bond issue to raise Rs 100 billion, say bankers
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