While purchasing an insurance policy, its flexibility in terms of premium payment and cover (32%) made up for the single biggest deciding factor. Simple documentation (16%) was the next biggest factor.
Most of the funds which have witnessed major outflows are those which have a tenure of less than one year, like liquid, ultra short, low duration and the like. In keeping with this, liquid funds saw outflows worth Rs 26,823 crores, while ultra-short duration funds saw exits worth Rs 4,123 crores.
Both mid and small cap categories continued to witness robust growth, despite prevalent concerns around their valuations. While small-cap funds garnered Rs 4,264.82 crore last month, mid cap funds saw inflows worth Rs 2,512 crore.
While many insurers offer cancer-specific insurance policies, others subsume cancer treatment under the critical illness cover. As per data, the median age in India when cancer is generally detected is between 50-60 years.
The two-day festival will be hosted by the Chandigarh Literary Society with support from the UT Administration. The theme for the 11th edition of 'Literati' is 'Navras' and Canada is the official Country Partner for this year's 'Literati'.