India’s insurance regulator, IRDAI, is proposing to double investment limits for insurers in REITs and InvITs, aiming to channel more long-term capital into infrastructure and real estate. The regulator is also considering allowing insurers to invest in gold ETFs under ULIPs, with a cap of 5% of a segregated fund’s assets.
Parag Parikh Flexi Cap and ICICI Pru Large Cap among 17 equity mutual funds that receive over Rs 1,000 crore inflow in November
A top-inflow equity flexi-cap fund that drew strong investor interest in November as part of broad robust net inflows into India’s equity mutual funds.