DSIJ Mindshare

Overall volumes in futures & options currently stand at 65.03 lakh contracts with a turnover of Rs. 6,12,453.58 crore.

Overall volumes in futures & options currently stand at 65.03 lakh contracts with a turnover of Rs. 6,12,453.58 crore.

There are insurance policies that come with restoration benefit clause, whereby the insurance cover exhausted due to claims made by the insured is restored fully by the insurance company. Of course, there are certain terms and conditions that specify when the restoration benefit will trigger and when it will not. Let us look at these terms and conditions.

The collapse of Lehman Brothers on September 15, 2008, triggered a global financial crisis that saw virtual meltdown of the financial markets. Ten years down the line, the world shudders to think about the nightmare that the collapse unleashed across the globe for many months thereafter.

These days, app-based transactions have become common and we should not be surprised that today one can buy and sell mutual funds through mobile-based apps. The icing on the cake is that unlike transacting through brokers or distributors, these apps offer direct mutual fund schemes, which means there is no commission to be paid to the brokers or distributors, so you save on these costs and thereby increase your potential returns.