Enjoy a host of benefits, generate statements, view policy details, pay on-line, log a request and much more.
Login to your agent portal to generate statements, view policy details, product news, policy servicing and much more.
1800 200 5577
1800 180 5577
ECB’s move of cutting deposit rates below zero was noteworthy and and the first of its kind by any major central bank. The abysmal growth of -2.9% in Q1 in the US has further driven hopes of an extended period of low interest rates and no rate hike before Mid 2015. The new government’s initial policy signals were well received by the market. At home, the delay in monsoon and the sharp rise in global crude prices, owing to the geopolitical tensions in Iraq, have kept the positive sentiments under check. On the positive side, RBI seems to have turned more dovish which is good news for a Government which is looking to restart private investments and thereby growth.
Nifty rose significantly by 5.28% over the month. April IIP rose by 3.4% which was much higher than expectations and inflation data was mixed with CPI coming in lower at 8.28% vs. 8.59% but WPI rose to 6% from 5.2% last month. Sectoral performance surprised with export-oriented sectors like Pharma & IT did better while FMCG & Energy sectors under-performed. Foreign institutional investors (FIIs) were buyers of US$ 2 bn over the month. Domestic Institutional Investors (DIIs) were sellers of US$ 0.771 bn in June.
The Wholesale Price Index rose unexpectedly to 6.0% for May 2014 as compared with 5.20% for the previous month. The headline CPI inflation moderated to 8.28% in May’14 from 8.59% in Apr'14. Core CPI also declined marginally to 7.7%. Lower prices of food articles, including vegetables and cereal products were the main reasons for the fall in inflation. Food prices lowered by 9.3% YoY while vegetable came down to 15.3% against 17.7% in the previous month.On the market movement, long end yields remained unchanged whereas the benchmark 10 yr Gsec yield rose by about 10 bps. The credit spread between corporate bond and govt securities fell marginally as corporate bond yield came off sharply towards the end of the month. The USD/INR weakened by further by 1.81% in the month on the back Iraq crisis led to Crude prices spiking (Brent Crude up 4% in June).
Aggregate AUM of Max Life Insurance Co Ltd crossed 20K crores as at 31 Dec 2012 registering a growth of 31% over the year.
Investment newsletter - March 2014
SMS 'Life' to 54242 and our agent will contact you
Copyright © 2013 Max Life insurance Co. Ltd. All Rights Reserved. An ISO 9001:2008 Certified Company.Registered Office: Max House, 1 Dr. Jha Marg, Okhla, New Delhi - 110020. Corporate Office: Max Life Insurance Co. Ltd., 3rd, 11th and 12th Floor, DLF Square Building, Jacaranda Marg, DLF City Phase II, Gurgaon (Haryana) – 122002. Operation Center: Max Life Insurance Co. Ltd, Plot No. 90-A Udyog Vihar, Sector 18, Gurgaon (Haryana) – 122015. Toll Free Helpline: 1800 180 5577 (for MTNL & BSNL lines) or 1800 200 5577 (from other service providers). Online Term Plan Helpline: 1800 200 3383. Fax Number: 0124-4159397. Email Ids: email@example.com; firstname.lastname@example.org. Insurance is the subject matter of solicitation. ARN/Web/01.Corporate Identity Number (CIN):U74899DL2000PLC106723. IRDA - Registration No. 104.