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Showing posts from January, 2021

New Mutual Funds Rules That Comes Into Effect In 2021

  The mutual funds have gone through many ups and down in 2020. SEBI (securities and exchange board of India) has announced some changes with effect from 1 January 2021 for a transparent and flexible investment in the   best mutual funds .  The respective regulations in mutual funds ease people to know better about the best  mutual funds to invest  in. •  New addition in the risk-o-meter tool: The high-risk mutual funds will be disclosed to the investors for a wise decision. The risk-o-meter will reveal the monthly status of the high-risk mutual fund, including AMC's disclosure. This risk-o-meter will introduce clarity about the best   mutual funds to invest  in.  •  The inter-scheme transfer must be done in 3 business days : SEBI has made the regulation that the debt paper transfer from one mutual fund to another has to be done within three business days. SEBI has further cleared that IST's will not influence rumors or ...

Do I Need a Cyber Insurance Policy?

 The concept of Insurance is not new at all for us. Instead, each of us is primarily obsessed with getting multiple Insurance done such as health insurance, life insurance etc. Have you ever wondered and asked yourself whether you are covered with cyber fraud insurance? Mostly the general insurance plans do not include cyber fraud insurance. So, the next question you ask yourself is: Do you require the Insurance against cybercrime ? The answer to this question is a clear Yes; you do need cyber fraud insurance. Need for Cyber Insurance Let us assume that one of your colleagues or employees is going through his or her mail, and they receive a link that says to open it and update the software they use. However, the email states that it is from Microsoft, so you assume it surely be must be legal and ethical. The employee to adhere to the timeline click on the link to continue their link. However, that email was not secure and on clicking would disturb the system. However, the employee ...