Bharti AXA General introduces double compensation

Bharti AXA General Insurance is introducing customised group health plans for women

Bharti AXA General Insurance is introducing customised group health plans for women. The group health insurance plan offers critical illness benefit with a special double compensation feature for woman centric critical diseases that include ovarian, cervical, breast cancer and endometrial carcinoma. The benefits also include surgical cash for major surgeries, hospital cash allowance, custom made medical check ups for woman, helpline for consulting woman doctors or specialists and add-on cover on hospitalisation expenses for dependent children. All these will be provided on a group basis to corporates, banks, NGOs and SHGs (self help groups) with the option of voluntary enrollment.

Additionally, Bharti AXA General Insurance is rolling out a 10% discount to all women customers across its Retail Health and Personal Accident products for the month of March 2011.

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Birla Sun Life Mutual Fund unveils 91 days fixed maturity plan

Birla Sun Life Mutual Fund new issue closes on 9th March

Birla Sun Life Mutual Fund has launched Birla Sun Life Short Term FMP-Series 11, a close-ended income scheme.

The scheme seeks to generate income by investing in a portfolio of fixed income securities maturing on or before the duration of the scheme. The scheme will have duration of 91 days.

The new issue closes on 9th March. The minimum investment amount is Rs5,000.

CRISIL Liquid Fund Index is the benchmark index. Kaustubh Gupta is the fund manager.

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Baroda Pioneer Mutual Fund launches 90 days fixed maturity plan

Baroda Pioneer Mutual Fund new issue closes on 9th March

Baroda Pioneer Mutual Fund has launched Baroda Pioneer 90 Day Fixed Maturity Plan, Series 1, a close-ended income scheme.

The investment objective of each scheme is to generate regular returns by investing in a portfolio comprising of debt instruments and money market instruments maturing on or before the maturity of the scheme.

The new issue closes on 9th March. The minimum investment amount is Rs5,000.

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