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According to SEBI guidelines, any security which has a rating below BBB- is considered to be below investment grade. Haircut is mutual funds writing off the principal amount and the interest in case of a default. Association of Mutual Funds in India (AMFI) has recently issued guidelines on how fund managers should write down debt and handle below investment grade paper. An asset management company (AMC) is a firm that invests pooled funds from clients, putting the capital to work through different investments including stocks, bonds, real estate, master limited partnerships, and more. AMC managers are compensated via fees, usually a percentage of a client's assets under management. Life Insurance Corporation of India with assets of Rs 42 trillion, said it realised gains of Rs 42,000 crore from its investment in the equity markets in financial year 2021-22, an increase of 16.6 % from Rs 36,000 crore in FY21. LIC invests approximately 25 per cent of its assets under management (AUM) in the equity market. Out of the total AUM of Rs 42 trillion, 25% is in the equity market. LIC’s yield on investments dropped to 8.55% in FY22 compared with 8.69% in FY21.
Three containers have their volumes in the ratio 3: 4: 5. They are full of mixtures of milk and water. The mixtures contain milk and water in the ratio...
Consider the following statements regarding the amendment to the Constitution of India:
1. Amendments can be initiated by both the ministers an...
Which of the following numbers is irrational?
Consider the following statements with respect to the Union Council of Ministers
1. Every Minister is entitled to vote and speak in proceeding...
Without stopping the speed of the train is 150 kmph, with stopping the speed of the train is 80 kmph.Find the stop time of the train?
Which organization developed and launched the ‘Ugram’ Indigenous Assault Rifle for the armed forces?
Which one of the following statements regarding force is correct?
The following two (2) items consist of two statements, Statement I and Statement II. Examine these two statements carefully and select the correct answ...
Which type of bond is formed when atoms share electrons?
The practice of appending notes regarding contingent liability in accounting statements is pursuant to: