Find out about the changes brought out in the sector and how investors can tread cautiously and ensure their savings grow
Indeed 2019 was a year that thought us numerous lessons. From avoiding mistakes while investing to choosing the right instrument, the NBFC crisis and its impact on debt funds was an eye opener for many.
With 2020 approaching, investors have learnt that debt funds, which were considered quite safe, can be risky.
Even the Securities and Exchange Board of India (SEBI) issued directions that underlying securities in debt funds be marked to market, to ensure standardisation in valuation.
The IRDAI as well issued new regulations for ULIPs, traditional products and pension plans. Nonetheless, the pension space could see a revival this year and policyholders could get more investment options.
In this episode of the Simple Save podcast, Anvita Bansal gets in conversation with Preeti Kulkarni Moneycontrol Personal Finance Editor Kayezad Adajania to discuss the changes brought out in the sector and how investors can tread cautiously and ensure their savings grow.Tune in to the Simply Save podcast for more.Get access to India's fastest growing financial subscriptions service Moneycontrol Pro for as little as Rs 599 for first year. Use the code "GETPRO". Moneycontrol Pro offers you all the information you need for wealth creation including actionable investment ideas, independent research and insights & analysis For more information, check out the Moneycontrol website or mobile app.