Life Insurance Corporation of India (LIC) is an Indian state-owned insurance group and investment companyheadquartered in Mumbai. It is the largest insurance company in India with an estimated asset value of ₹1,560,482 crore
The Life Insurance Corporation of India was founded in 1956 when the Parliament of India passed the Life Insurance of India Act that nationalised the private insurance industry in India. Over 245 insurance companies and provident societies were merged to create the state owned Life Insurance Corporation
LIC's slogan yogakshemam vahamyaha is in Sanskrit language which translates in English as "Your welfare is our responsibility".
Holdings[edit]
LIC holds shares worth about Rs 2.33 lakh crore in all the Nifty companies put
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The share price drop in ITC on July 18 2017 had caused LIC a major loss of around 7000 Crores
LIC Mutual Fund was established on 20th April 1989 by LIC of India. Being an associate company of India's premier and most trusted brand, LIC Mutual Fund is one of the well known players in the asset management sphere. With a systematic investment discipline coupled with a high standard of financial ethics and corporate governance, LIC Mutual Fund is emerging as a preferred Investment Manager amongst the investor fraternity.
LIC Mutual Fund endeavours to create value for its investors by adopting innovative and robust investment strategies, catering to all segments of investors. LIC Mutual Fund believes in providing delight to its customers and partners by way of superior investment experience and unparalleled service thereby truly bring them Khushiyaan, Zindagi Ki.
Vision
"To be a trusted partner in wealth creation and a mutual fund of choice"
Student Answer: Professional management and diversification are the major reasons investors purchase mutual funds, as well as they are easy to invest in for beginning investors or those who lack large amount of money as required by other types of investments. Investment companies are employed with experienced and profession fund managers who research and devote a lot of time to finding the perfect securities for their investment portfolios. The diversification allows for gains, even in a loss, because one investment in a mutual fund can offset the loss of another by it’s gains. Basically, your investments are scattered around and offer somewhat of a safety net for your
As we mentioned before, CC&L was growing fast from 1982- 2000. As a large, integrated fund with 19 billion total AUM, the only way CC&L could stay small was dividing the firm into multi-boutique parts to make sure it can stay investment philosophy-centric in order to gain the benefits of staying small: faster decision making and higher incentives. At the same time, non-investment management function would work better at scale. The whole structure is like a umbrella (FG) cover the multi-boutique (IM or other investment partners).
Allstate insurance is the second largest property and casualty insurance company by premiums in the United States. Allstate insurance handles about 12% of the U.S home and auto insurance market. (Allstate, 2014). Many of Allstate’s customers fall under what one could refer to as a traditional selection of insurance for automobiles. Recently, Allstate has noticed a major shortcoming in lifestyle insurance, which includes coverage for motorcycles, boats, and other recreational vehicles, in comparison to its competitors. The motorcycle insurance sector is a 10.4 billion dollar industry and growing (PRWEB, 2012). The U.S. Department of Transportation website reports some astounding figures, including that 5,370,035 motorcycles were registered three years before the article, 7,138,476 motorcycles registered at the time of the article, and grew to 9,477,243 registered motorcycles at the end of 2012 (NHTSA, 2013). It is obvious as to why Allstate would identify motorcycle insurance as a worthy lifestyle product to devote marketing research dollars into in order to develop new strategies for cornering a share of the market.
...only one underlying purpose and that is to increase profits for the company and shareholders. Corporations have taken the position that there is a profitable benefit in having life insurance policies in the name of their employees. Corporations are just maximizing their position by looking at all legal resources that the corporation has at its disposal. As an employee you are receiving some sort of benefit from the corporation such as a salary, medical, dental, profit sharing, 401k plan and any other benefit that is offered. I don’t believe that corporations always do the right thing in regards to their employees but, I also believe that employees have come to believe that they are entitled to more than what is already offered to them. As an employee you do have a choice on whether or not you want to continue to work for any corporation that behaves in this manner.
Money Market Mutual Funds (MMMF) were first established in 1971, and they are a type of mutual fund that is required to invest in low risk securities. These securities include highly liquid assets that have short-term debt such as: Commercial Paper, Certificates of Deposit, US Treasuries, and Repurchase agreements. MMMF’s hold a net asset value (NAV) of $1 per share, while the change in interest rates reflect the yield earned for investors. MMMF’s are an attractive place for investors to keep money because they can be tax-free or tax deductible, also there are usually fees to enter or wi...
Askew Kabala & Company, Inc. is a privately held middle-market investment banking firm located 30 miles south of the Los Angeles Metropolitan area. Led by a team of sophisticated and seasoned bankers, our firm’s business model places emphasis in serving the best interest of the client. We collaborate with reputable private institutional fund investors, looking to successfully diversify their portfolios by investing in domestic and international enterprises valued between $10 million to $100 million.
This is an amalgam form of business that borrows from a combination of principles from partnership and corporation. LLC can be owned and managed by one or more individuals who are referred to as the members of the LLC. LLC's do not have shareholder investors and they do not issue stocks. An LLC protects the members from private liability for the business obligations and activities of the professional handling of the business. In any case, if the LLC suffers debts or is engaged in a lawsuit the associates of an LLC are not obligated to gratify the liability or for compensations from their personal finances. Another advantage of LLC is that a multimember LLC has certain tax benefits. In the USA, the LLC is treated as a passthrough entity meaning that the income of the ...
Continuity:A C- Corp has an indefinite life span. As long as corporation can stay relevant and offer products that are useful to the world a business can have a long life.
William Sharpe, Gordon J. Alexander, Jeffrey W Bailey. Investments. Prentice Hall; 6 edition, October 20, 1998
As an investor with several types of securities, I am looking for long-term stability towards a retirement fund. The combination of several different stocks and mutual funds allows for the safety of the investments. By investing long-term in different accounts, I have the ability to gain more in the long-run with less risk of not lose all my savings on one investment.
Thus, it can be said that ML would enhance current strengths of BofA and creates new strengths in debt underwriting, equities and even merger and acquisition advices. “Now Bank of America has one of the best and largest retail brokerages in the country, one of the top investment banks in the world, and a large stake in one of the best investment managers in the world” - said James Ellman from hedge fund Seacliff
Mutual funds will let small investors have more choices than they would have when investing on an individual level. The money from several investors is invested in different companies so that the risk is minimized. The strategy in this type of investment is to assure that a profit is made from some of the businesses so that if one should fail, others will still do well. You should really research where your money will be going and what kind of track record the businesses have had in terms of gains before investing.
The company was founded in London in 1848 to provide loans and life assurances to working people.
With over 35 brands spanning 20 distinct categories such as soaps, detergents, shampoos, skin care, toothpastes, deodorants, cosmetics, tea, coffee, packaged foods, ice cream, and water purifiers, the Company is a part of the everyday life of millions of consumers across India. Its portfolio includes leading household brands such as Lux, Lifebuoy, Surf Excel, Rin, Wheel, Fair
It is a new corporate structure that combines the advantages of limited liability of a company at a low compliance cost and the flexibility of a partnership and. It is an alternative corporate business vehicle that provides the benefits of limited liability of a company, but it also allows its members to flexibly organize their internal management on the basis of a mutually arrived agreement just like in a partnership firm.