PRU Financial News

Subscribe to enjoy similar stories.Investors cheered ICICI Prudential Life Insurance Co.’s March quarter (Q4FY26) results, sending the stock up around 3% to ₹560. Its annualized premium equivalent (APE) stood at ₹3,830 crore, up 9.3% year-on-year — a sharp improvement from 3.6% growth in Q3.

Subscribe to enjoy similar stories.The trailing impact of disruptions related to goods and services tax (GST) and recent policy changes dulled the March quarter for life insurers. HDFC Life Insurance and ICICI Prudential Life Insurance, India's second and third largest private life insurers respectively, reporting softer growth and lower margins in what is usually their strongest premium season.

Subscribe to enjoy similar stories. As India’s capital markets expand and household savings accelerate their shift toward financial products, asset management companies are entering a new phase of growth, powered by rising retail participation and record flows into systematic investment plans (SIPs). Against this backdrop, ICICI Prudential Asset Management Co.

equity mutual funds have offered double-digit returns in the financial year 2025 so far. There were around 486 funds in the mentioned period. The top three schemes in the list were from Mirae Asset Mutual Fund. Mirae Asset Hang Seng TECH ETF FoF, Mirae Asset NYSE FANG+ETF FoF, and Mirae Asset S&P 500 Top 50 ETF FoF offered 88.82%, 37.16%, and 31.75% returns, respectively, in the mentioned period.

equity mutual funds have offered double-digit loss to SIP investors and have lost up to 34% in the current calendar year so far. There were 269 schemes in the mentioned period, of which 262 gave negative return on SIP investments. The top losers in the list were from Samco Mutual Fund. Samco Flexi Cap Fund gave a loss of around 33.56% on SIP investments in the current financial year so far. A monthly SIP of Rs 10,000 made in this fund on April 1, 2024 would have been Rs 98,306 now against an invested amount of Rs 1.20 lakh. Samco ELSS Tax Saver Fund which lost 29.12% on SIP investments in the same period.

Subscribe to enjoy similar stories. The Bajaj Group and Allianz SE are finally parting ways after 24 years. Bajaj will buy Allianz's 26% stake in its insurance business: Bajaj Allianz General Insurance Co.

Rail Vikas Nigam, ICICI Prudential, Polycab India, Cummins India and Indus Towers are likely to be categorised as large caps by the Association of Mutual Funds in India (AMFI) in its semi-annual classification of stocks, according to a report by Nuvama Institutional Equities.

mutual funds have offered over 25% returns in 2024. There were around 23 schemes in the category, which made their presence felt in the period. Invesco India Contra Fund, the topper in the category, offered 32.15% returns in 2024. LIC MF Value Fund and Axis Value Fund gave 30.97% and 28.98% returns, respectively, in the period.

mutual funds in 2024 (January 1, 2024 to date). They have offered returns up to 51% during the period. Around 328 passive mutual funds marked their presence in the said period. Mirae Asset NYSE FANG+ ETF offered the highest return of around 50.90% in 2024, followed by Motilal Oswal BSE Healthcare ETF which gave 40.61% return in the same period.

Subscribe to enjoy similar stories. In stock trading, technical analysis is the compass that guides traders toward profitable decisions. However, with a dizzying array of charting techniques and timeframes, many traders find themselves lost in a maze of options.

ELSS funds or tax-saving funds have turned Rs 10,000 monthly SIP to more than Rs 1 crore in the last 25 years. Only these seven ELSS funds have completed 25 years of existence in the market. SBI Long Term Equity Fund, the oldest ELSS fund, turned Rs 10,000 monthly SIP to Rs 5.66 crore in the last 25 years. The scheme gave an XIRR of 19.43% in the same period.

mutual funds, all international, have offered negative returns in 2024 so far. During the mentioned period, around 208 sectoral and thematic funds existed. HSBC Brazil Fund lost the most of around 16.09% in 2024 so far. Mirae Asset Global Electric & Autonomous Vehicles ETFs FoF lost around 3.90% in the period.

earnings season is underway and as many as 70 companies will announce their quarterly numbers for the July-September 2024 period today. Key results to watch out include that of Bajaj Finance, Adani Green, Zomato, Paytm, Adani Energy Solutions, Varun Beverages and ICICI Pru Life. Apart from the above, Aditya Birla Real Estate, Adani Energy Solutions, Adani Green Energy, Ambassador Infra Holdings, Amber Enterprises, Amerise Biosciences, ASI Industries, Bridge Securities, Can Fin Homes, Chennai Petroleum Corp, Choice International, Coforge and a few others will declare their results.

Zomato, Paytm, Bajaj Finance, Ola Electric, Eicher Motors among others will be in focus due to various news developments and second quarter results. Bajaj Finance, Adani Green, Zomato, Paytm, Adani Energy Solutions, Varun Beverages, ICICI Pru Life

Balanced Advantage fund, the second-largest dynamic asset allocation scheme with assets under management of ₹60,000 crore, reduced its equity allocation to 31.2% in July, the lowest in the past 20 months, amid increasing equity valuation. «The fund is run in a countercyclical manner, paring down equity when markets rise and increasing it when markets fall. In line with the model and the prevailing high equity market valuations, the net equity levels of the fund have been reduced,» said Sankaran Naren, CEO, ICICI Prudential Mutual Fund. Balanced advantage funds invest in a mix of debt and equity, based on market valuations. Such schemes lower allocation to equities when market valuations appear expensive and vice versa. The net equity component in the scheme can vary between 30% and 80%, with the balance being invested in a mix of arbitrage and debt, with total equity allocation above 65%, thereby giving it equity taxation. Fund managers decide equity valuations based on the trailing price-to-earnings (PE) ratio of Nifty 50 or S&P BSE 100 and use other ratios like price-to-book and dividend yield to decide equity allocation.

ICICI Prudential Life Insurance Company Ltd. gained 1.05 per cent to Rs 730.95 in Wednesday's trade. It hit a high of Rs 737.0 and low of Rs 720.75 during the session. On the technical charts, the 200-DMA of the stock stood at Rs 564.84, while the 50-DMA was at Rs 617.24. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend and if trades between these averages, then it suggests the stock can go either way.

ICICI Prudential Life Insurance Company Ltd. traded 1.29 per cent up at Rs 728.25 on Tuesday at around 01:29PM (IST), while the benchmark BSE Sensex advanced 158.01 points to 81513.85. As many as 18,380 shares changed hands on the counter with a total value of Rs 1.32 crore.

ICICI Prudential Life Insurance Company Ltd. traded 0.81 per cent down at Rs 627.95 on Tuesday at around 01:49PM (IST), while the benchmark BSE Sensex declined 514.62 points to 79987.46. As many as 42,230 shares changed hands on the counter with a total value of Rs 2.64 crore.

ICICI Prudential Life Insurance Company Ltd. traded 1.85 per cent down in Thursday's trade at 12:13PM (IST). Around 10,240 shares changed hands on the counter. The stock opened at Rs 646.25 and touched an intraday high and low of Rs 653.3 and Rs 640.8, respectively, in the session so far. The stock of ICICI Prudential Life Insurance Company Ltd. quoted a 52-week high of Rs 673.6 and a 52-week low of Rs 463.5.

Mutual funds and stocks: If you already have investments in India such as mutual funds or stocks, you must update your KYC (know your customer) details to reflect your NRI status. You must update your KYC as per FEMA regulations to continue holding these investments legally. The required documents vary, depending on the investment type, and the process involves changing your status from resident to NRI and providing proof of your new status and foreign address.

ICICI Prudential Life Insurance Company Ltd. gained 0.56 per cent to Rs 657.9 in Tuesday's trade as of 02:05PM (IST). It hit a high of Rs 662.95 and low of Rs 639.45 during the session. The stock quoted a 52-week high price of Rs 673.6 and a low of Rs 463.5. The return on equity for the stock stood at 7.75 per cent. About 35,201 shares have changed hands on the counter so far.