Americans don’t care about collateral damage. I’m not talking about the American military. I’m talking about American insurers:

After decades of medical emergencies, we still weren’t prepared for the latest crisis — this one created by the same insurance company that once saved my life. Guardian abruptly withdrew our health plan from all policyholders in New York where my father’s business is based. Guardian offered a ‘replacement’ plan with low benefits and no home nursing benefits. They knew that I would never survive with such a plan, but they didn’t care.

Suspecting that this action was related to the high cost of my care, we filed a lawsuit and have asked the U.S. Department of Health and Human Services to enforce existing federal laws and require Guardian to continue my health plan. Without federal intervention, I will lose this insurance, and that would be a death sentence.

Our lawsuit uncovered insurance company documents that confirmed my suspicion that I’m a target of discrimination. The documents revealed Guardian had compiled a “hit list” of its costliest members, including patients with muscular dystrophy, multiple sclerosis, brain injury, and paralysis. Guardian executives referred to us all as “dogs” and “trainwrecks,” and they debated how and when to dump us from the rolls. Laws prohibited the cancellation of the individual members with serious chronic health problems, so Guardian opted to cancel the plan for all members of this specific health plan in New York, an action that violates federal law. …

While all this was going on, Guardian reported $7.5 billion revenue, net income of $437 million, and available capital of $4.3 billion in 2008.

Someone should go to prison for this. It’s fraud at the least and, depending on the medical outcomes of the people covered, could well have extended to manslaughter.

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Pan American Life Insurance Group
(PALIG), announced today a series of new hires in Pan-American Life's Domestic
Markets Division.

Several strategic additions will foster the enhancement of the operations and
development of the U.S. Domestic Markets Division. These include: Carlo
Mulvenna appointed Vice President - Domestic Operations and Head of Product
Development; Fernando Crucet named Vice President U.S. Hispanic Strategy and
Business Development; and Suzanne Webb Sainato joining Pan-American Life as
Director Domestic Contracts and Compliance.

Carlo Mulvenna joins Pan-American Life as Vice President - Domestic Operations
and Head of Product Development. In his role, he will be expanding a national
sales support and administration team to accommodate Pan-American's aggressive
growth strategies in the U.S. Worksite Employee Benefits market. Mulvenna
brings to the position 30 years of experience in the insurance industry in the
United States, United Kingdom, South America, Middle East, Africa, and South
East Asia. In his most recent position as Vice President of A&H Group Sales
Operations Worldwide at Chartis International, he provided sales leadership
for a $1.6 billion employee benefits business. Previously, his extensive
experience in the worksite line of business guided his success with companies
such as The Worksite Exchange, MetLife, and Aetna. Mulvenna received his
Bachelor of Arts in Communications and History from North Central College and
his Chartered Life Underwriter designation from the American College. Based
in Dallas, he will oversee teams in New Orleans, LA and in Plano, TX.

As Vice President U.S. Hispanic Strategy and Business Development, Fernando
Crucet will lead the Hispanic Strategy, assisting in product development,
sales and distribution, strategic partnerships and account relationships. His
expertise in multicultural sales and marketing has elevated Crucet's success
during his tenures with AIG American General and most recently ING. His
experience includes development of sales and marketing efforts in Retail Life,
Employee Benefits and Retirement Services targeting the U.S. Hispanic and
multicultural markets. Repeatedly Crucet has exceeded sales goals, notably
achieving year over year growth in a down market. Crucet earned a Bachelor of
Business Administration in Finance from the University of Houston. He will be
based in Houston, TX.

Appointed Director Domestic Contracts and Compliance, Suzanne Webb Sainato
will be responsible for regulatory compliance and insurance contract
development. Sainato has more than 10 years of experience practicing law in
the insurance industry and has extensive experience with product development,
sales and administration, and complex litigation and regulatory matters.
Prior to joining Pan-American Life, she was a Senior Counsel for the
Individual Business Insurance Products Unit for MetLife in New York. Sainato
was previously a Litigation Associate with Simpson, Thacher & Bartlett, LLP of
New York, with a focus on insurance coverage litigation. Sainato earned a
Bachelor of Science in Applied Mathematics and Economics from Yale University
and her J. D. from the University of Alabama Law School. Sainato will be based
in New Orleans.

"I am very pleased to welcome Carlo, Fernando and Suzanne to Pan-American
Life. They each have significant experience and impressive track records in
the industry, combined with the necessary expert direction and management that
product development demands," said John P. Foley, Senior Vice President
Domestic Markets. "Their contributions will be vital to continuing and
strengthening our standing in the industry, marked by innovative and highly
flexible insurance products that adjust based on individual and business
financial needs, as well as market changes."

Simultaneously, Pan-American Life's Domestic Worksite Division continues its
geographic expansion plan for 2009, including the launch of tailored products
uniquely designed to address the needs of the U.S. Hispanic market. In
response to the development, Pan-American Life has designated Samuel Skora,
Sales Executive for the Domestic Markets -Worksite in Florida and Ronald Ramos
as Sales Executive in California.

In his position as Sales Executive for the Domestic Markets - Worksite in
Florida, Samuel Skora's attention and directive will focus on growing the
Florida business market and in developing Hispanic resources in the State. He
will also be responsible for introducing PanaMed and CommonSense, two medical
plans designed in response to the rising healthcare costs. Most recently,
Skora held a regional sales manager position with the Allstate Workplace
Division in Jacksonville, Florida where he was responsible for driving new and
existing account sales throughout Miami-Dade and Puerto Rico, generating a 40
percent sales increase under his tenure. Skora earned a Bachelor of Arts
degree in International Marketing and Exporting from the University of
Connecticut. He is a member of MAIFA and a board member of MDAHU; and has
earned a designation from the Life Underwriter Training Council Fellow
(LUTCF). In his new role, Skora will be based in Florida.

Additionally, Ronald Ramos has been appointed Sales Executive in California.
Ramos' primary focus will be on growing the California business market and in
developing Hispanic resources in the State. He will also be responsible for
introducing PanaMed and CommonSense medical plans. His more than 12 years of
insurance experience include a previous post at Humana Inc. as a Specialty
Benefits Sales Executive where he was responsible for net revenue growth for
variety of insurance plans, increasing sales and overall strategy, and
managing broker and client relationships. Ramos was also a Supervisor in the
Sales Department at Unico American Corporations where he managed the
individual and small group benefits division.

"With more than 30 years of sales and management experience and development
combined, Samuel and Ronald have the strong leadership skills and great
technical depth to drive our geographic expansion and elevate our business in
Florida and California," said David Cheek, Vice President of Sales - Worksite,
Pan-American Life.

About Pan-American Life Insurance Group
The Pan-American Life Insurance Group is a leading provider of insurance and
financial services serving nearly half a million customers throughout the
Americas. New Orleans-based Pan-American Life Insurance Company, the Group's
flagship insurance company member, has been in business since 1911, employing
more than 700 worldwide, providing top-rated life and health insurance,
worksite benefits and financial services in 47 states, the District of
Columbia (DC) and Puerto Rico. Its international operations, offering
individual and group life and health insurance throughout Latin America,
include affiliates in Panama, Guatemala, Cayman Islands and Colombia, and
branch offices in Ecuador, El Salvador and Honduras. For more information,
visit the Pan-American Life Web site at www.panamericanlife.com


SOURCE Pan-American Life Insurance Group

Marta Reeves of Pan-American Life Insurance Company, +1-504-566-3112,
MReeves@panamericanlife.com; Isabel Abislaiman of Fleishman-Hillard,
+1-305-520-9017, Isabel.Abislaiman@fleishman.com, for Pan-American Life
Insurance Company

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Pension Plus is a market leading pension plan that helps you accumulate and grow your investments, to fund your post-retirement years through:

Attractive returns (one of the best in the industry, enhanced by loyalty additions for all regular premium polices, with policy term of at least 20 years)
Option of Indexation and Additional Regular Premium to beat inflation as well as align the retirement corpus with the desired lifestyle post-retirement
Entry Age: 18 to 65 years (last birthday)
Policy Term: Minimum 5 years; Maximum up to vesting age chosen
Vesting/ Maturity age: 40-70 years (last birthday)
Annual Premium:
For policy term at least 10 years, Minimum Premium is Rs 6,000 for regular premium policies
For policy term less than 10 years, Minimum Premium is Rs 15000 for regular mode of payment
For single premium policies, Minimum Premium is Rs 1 lakh
Maximum Premium: No limit
Fund Options:
Pension Protector Fund
Pension Balanced Fund
Pension Growth fund
Pension Index fund
Increase Premium: through Indexation and Additional Regular Premium
Easy Steps to your planStep 1
Decide the annual income you will need on retirement. This will define the Policy Term and the premium payable.

Tip – Use the retirement calculator to help you decide
Entry age : 18-65 years (last birthday)
Policy term: Minimum – 5 years, Maximum – upto vesting age chosen
Vesting/Maturity age: 40-70 years
Refer to the policy brochure for more details



Step 2
Choose the amount of premium to be paid
Annual premium – Minimum Rs 6000 for regular premium (Rs 15000 for policy terms less than 10 years), Rs 100,000 for Single Premium. No limit on maximum

Step 3
Choose the funds you want to invest in, depending on your risk appetite.
The funds available to you for investment are Pension Protector, Pension Balanced, Pension Growth and Pension Index Fund

What am I going to get?Death Benefit: The nominee receives 100 per cent of the fund value, in addition to the value of units pertaining to top-up premium(s) and additional regular premium. The amount can either be paid as a lump sum or or used to purchase an annuity.
Maturity Benefit: Market linked returns in the form of the fund value (in addition to the value of units corresponding to, top-up premium(s) and additional regular premium) to purchase an immediate annuity, at prevailing annuity rates. You have an option to take back upto one-third of maturity value as a tax-free lump sum and use the balance to purchase an annuity from Aviva or from any Life Insurance company registered with IRDA.
To see an illustration for yield net of charges click here


A 30 year old, paying annual premium, and who has opted for Pension Balanced Fund, will have a similar yield as given in illustration.



Tax Benefit:Tax benefits can be availed under Section 80C/ 80CCC(1) and Section 10(10A)(3) of the Income Tax Act, 1961
Other Benefits:You can increase your regular premium through indexation and additional regular premiums

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Bajaj Allianz has launched its latest advertising campaign on child insurance plans. The campaigns carry a realistic feel and drive home the message without beating around the bush. The outdoor campaign features children of their own employees.

“The unique idea behind the campaign is direct communication. It focuses on direct messaging. Child plans maybe an inherent part of the category’s portfolio and the course of communication for many brands over time. What stands out for Bajaj Allianz is its treatment to the message”, says Akshay Mehrotra, Head – Marketing. “The new campaign asks parents a simple and honest question; put forth to them from their children ‘Have you planned for my future?’ Parents are being awakened and reminded of a responsibility – to ensure their child’s future.”

This slice of life campaign emanates from the thought of having a clutter breaking message on the child plans in the crowded category of life insurance. The campaigns directly point out the importance of planning for the future of one’s child. Parents have to plan funds for critical stages in their childrens’ life. These stages include graduation, post graduation, marriage and starting a business. As a parent, one always dreams the best for one’s child including marriage, higher education, and of the essential hand holding that parents wish to provide their children with for a start in life. Everyone would wish to see their child grow up and settle down. The child would also feel love and concern in the financial support arranged through the wide range of children's insurance policies taking the child from one milestone to another. The campaign reinforces the fact that Bajaj Allianz genuinely believes in its ventures and demonstrates the level of involvement of the organization as a whole, in the same.

In an effort to provide motivation to its employees, an internal drive at Bajaj Allianz was launched, whereby children of employees became real life endorsers of the child insurance plan in their outdoor campaign.

Taking the significance of the campaign one step ahead, it is worth mentioning that saving early and saving regularly for one’s child helps combat inflation and ensures higher yields. By taking an insurance policy for his or her child, one can take advantage of lower premium rates and ensure that children remain covered throughout adulthood, at a much lower rate. This also instills a saving-habit in children at a young age developing them as and when the policy vests in them.

In a nutshell, Bajaj Allianz’s latest campaign stands out with its unique appeal and hopes to strike a chord with its target audience.

http://www.medianewsline.com/news/120/ARTICLE/5288/2009-10-27.html

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ICICI Prudential Mutual Fund has filed an offer document with Securities and Exchange Board of India (SEBI) to launch ICICI Prudential Oil Fund, an open ended scheme.

The new fund offer (NFO) price for the scheme is Rs 10 per unit.

Investment objective:
The investment objective of ICICI Prudential Oil Fund is to seek to provide investment returns by investing in foreign debt securities which track crude oil prices and deliver returns linked to crude oil prices.

The fund intends to offer investors an opportunity to participate and gain from exposure to crude oil prices through an investment in foreign debt securities having crude oil prices as the underlying. Historically, the logistics of buying, storing and insuring oil have constituted a barrier to entry for investors. The ownership of the fund`s units helps to overcome these barriers to entry. It also provides an investment avenue to investors having a view on international crude oil prices.

India is a large consumer of crude oil and it imports most of its oil requirement, as it has very little domestic reserves. The price of oil in India is largely regulated and subsidized and hence less correlated to price of oil in international markets. As a result, prices do not completely reflect the dynamics of demand and supply, as is the case in international markets. Moreover, there is no active and open market in India, which allows investors to take exposure to oil as an asset class. Hence, the fund provides an efficient mechanism to its investors to take exposure to crude oil linked assets through the fund`s investment in the international markets.

Plans:
Growth and dividend options are available under the scheme. Dividend option shall have only dividend reinvestment facility. Daily and weekly dividend frequencies shall be available under dividend re-investment facility.

Asset allocation:
Under normal circumstances the scheme would invest 80-100% of asset in foreign debt securities in the countries with fully convertible currencies. The scheme may also invest 0-20% in other debt and money market instruments (including cash and cash equivalent).

The scheme would charge an exit load of 0.75% in respect of each purchase/ switch-in of units, if units are redeemed/switched-out on or before 180 days from the day of allotment. The scheme would charge no exit load in respect of each purchase/ switch-in of units, if units are redeemed/switched-out after 180 days from the day of allotment.

Load structure:
Exit Load: (a) 1% of the applicable NAV, if the amount sought to be redeemed or switched out is invested upto 1 year (b) Nil - if the amount sought to be redeemed or switched out is invested for a period of more than 1 year.

Minimum application amount:
The minimum application amount is Rs 5,000 per application and in multiples of Re 1 thereafter.

Target amount:
During the NFO period of the plans under the scheme, each plan seeks to raise a minimum subscription of Rs 1 Lakh.

Benchmark Index:
The scheme will be benchmarked against the West Texas Intermediaries Crude oil prices traded on New York Mercantile Exchange.

Fund manager:
The fund manager for the scheme will be Rajat Chandak.

http://www.myiris.com/newsCentre/storyShow.php?fileR=20091027182438707&dir=2009/10/27&secID=livenews

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What differentiates a successful life from that of a failure? Obviously it is the wise choices that one makes in his life; this is what insures the life of the person and his dear and near ones. Life insurance is one of such decisions that are also one of the most controversial and misunderstood phenomena on the face of earth. Life insurance is of great implication in these days of financial crises when it is becoming more and more difficult to survive. It is the safety net that hedges you against the risks surrounding your lives on this planet. As people are educating themselves about insurance options so is evolving insurance industry as one of the fastest growing industries across the globe.

Choosing the right life insurance policy is however, not a seamless task especially when there is an equal amount of misleading information on the very issue. The good news is that there is help available and you can deploy it for getting life insurance quotes while staying at your home! Internet has become of the greatest blessing of our times that provides every sort of information at our desktop in a matter of seconds like an omnipotent servant.

You do not have to go from one insurance company to the other and then compare the life insurance quotes to find the one that is the best for you and your family. For most of the people life insurance means just paying the regular monthly premium as it is the obvious cash outflow. Life insurance nevertheless, is something more than mere premiums. It includes other factors that make an important consideration while preferring one insurance quotes over the other. Two important factors along with premium are the deductible amount and the benefits you receive at the time of maturity of your life insurance.

Comparing various life insurance quotes on the basis of these factors is a daunting task at the part of an individual. And this is the idea behind BeamaLife that offers you online life insurance quotes as per your requirements. Licensed in all the 50 states BeamaLife life insurance specialists help you finding the right life insurance quote saving you all the paper and leg work; needless to mention the thousand of dollars you have to spend otherwise. BeamaLife specializes in various categories of insurance quotes like term life insurance quotes, universal life insurance quotes, disability insurance quotes, long term care insurance quotes and also retirement and college saving plans. Along with these BeamaLife is the only company that offers whole life insurance quotes on internet platform.

BeamaLife is your marketplace where all you need to provide is certain information to get life insurance quotes. It searches the top class life insurance companies and then the specialists analyze their offerings deploying the industry leading technology and advanced insurance practices to suggest the best life insurance quote that matches your criteria in terms of affordability and the coverage you need for your loved ones. The application process is quite simple and takes not more than a sitting to complete and the advice is on the way in the form of the best life insurance quotes!

http://www.apakistannews.com/life-insurance-quotes-144001

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Kolkata: Life Insurance Corporation of India (LIC) registered a 35% growth in its new
business premium at Rs 25,814.49 crore during the first six months of the current fiscal compared with an over 14% degrowth seen by the private life insurance companies.
Dragged by the private segment's decline, overall life insurance industry growth stood at 12.85% during April-September.Insurance Regulatory & Development Authority (Irda) data shows that LIC registered a higher growth across single-premium and non-single premium plans. Its group plan growth, too, was robust at 64%. The numbers came as a big leg-up for the state-owned life insurer, which saw a huge decline in its first-yearpremium income during the last fiscal. LIC's market share in the first six months of the current fiscal grew to 66% over 55% in same period of the previous year. The market share of private life insurers fell to 34% in H1 over 45%in the first half of the previous fiscal.

Out of the 21 private life companies, all established players saw their first-year premium income drop.

Only the relatively newer players registered positive growth during the first half because of their low base. Of these, BhartiAxa Life and IDBI Fortis posted 32% and 29% growth respectively.First-year premium income for Bajaj Allianz,Reliance Life, HDFC Standard Life and ICICI Prudential Life fell by 28.6%,15.24%, 14.15% and 38.6% respectively. SBI Life garnered the highest first-premium income among private players but showed no growth during the first half.For Kotak Life, Aviva, Max New York Life and ING Vysya, premium income fell by 8-10%.

The next six months are significant for life insurers as maximum business growth happens during this period.

http://www.dnaindia.com/money/report_lic-s-first-year-premium-income-rises-35pct-in-h1_1302312

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Should the U.S. join China with a one-child policy? Maybe not through forced abortion, but how about with carbon credits? That's the, um, "interesting" idea from New York Times environmental reporter Andrew Revkin.

At the event, Revkin said: "Well, some of the people have recently proposed: Well, should there be carbon credits for a family planning program in Africa let's say? Should that be monetized as a part of something that, you know, if you, if you can measurably somehow divert fertility rate, say toward an accelerating decline in a place with a high fertility rate, shouldn't there be a carbon value to that?

"And I have even proposed recently, I can't remember if it's in the blog, but just think about this: Should--probably the single-most concrete and substantive thing an American, young American, could do to lower our carbon footprint is not turning off the lights or driving a Prius, it's having fewer kids, having fewer children," said Revkin.

"So should there be, eventually you get, should you get credit--If we're going to become carbon-centric--for having a one-child family when you could have had two or three," said Revkin. "And obviously it's just a thought experiment, but it raises some interesting questions about all this."

When CNSNews.com later followed up with questions about his comments, Revkin responded in an e-mail.

"I wasn't endorsing any of this, simply laying out the math and noting the reality that if one were serious about the population-climate intersection, it'd be hard to avoid asking hard questions about USA population growth," wrote Revkin.

Heck, if Congress votes to wreck the economy with cap and trade, and nationalize the health care system, who is going to want to have kids? Maybe that's the Obama administration's secret plan. Make us so miserable that population growth will drop to zero!

http://spectator.org/blog/2009/10/25/an-american-one-child-policy

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A: Prices for both Medicare Part D prescription-drug plans as well as Medicare Advantage plans are going to rise in 2010. And you have from Nov. 15 to Dec. 31 to decide whether you want to stay in the same plan or switch plans for 2010.

Average premiums for Part D plans are increasing 7 percent in 2010, to $30 a month, and average premiums for Medicare Advantage plans are jumping 22 percent, to $39 per month. These price hikes may be particularly tough to stomach next year, when Social Security will not have a cost-of-living increase.

And premium increases are only part of the picture. For 2010, more than 60 percent of Part D plans will charge an annual deductible ($310 is standard) before covering any drug costs, up from the 45 percent that charged a deductible in 2009, according to the Kaiser Family Foundation.

Fewer Part D plans will provide coverage in the so-called doughnut hole, which begins after you reach $2,830 in total drug spending and extends until your total drug costs for the year reach $6,440 in 2010; within that gap, you generally have to pay all the bills yourself. The plans that do provide some coverage in the doughnut hole cover only the cost of generic drugs; otherwise, you’re on your own.

And be sure to check how each Part D plan treats your specific medications. Co-payments are rising, and many insurers are changing formularies. For example, you could end up with higher out-of-pocket costs if your insurer switches your drug from preferred to co-pay nonpreferred.

Ask your doctor whether you can switch any of your drugs to a generic or lower-cost medication; the policy with the best deal for brand-name drugs may not be the best deal for generics.

The Medicare prescription-drug-plan finder is an excellent tool to analyze the costs of Part D plans for your situation. Type in your drugs and dosages, and you’ll see total out-of-pocket costs — premiums as well as co-payments — for your medications throughout the year. Or call (800) 633-4227 for personalized assistance.

This year’s premium increases come on top of previous cumulative price hikes. Premiums for AARP MedicareRx Preferred, the most popular Part D plan, have risen by 50 percent since 2006, according to Avalere Health, a health-care consulting firm. Premiums for Humana Enhanced, also a popular plan, have increased by 180 percent over the same time period.

E-mail your questions to askbiz@starledger.com and we’ll answer the best ones.

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Reliance Mutual Fund has approved Oct. 30, 2009 as the record date fro declaration of dividend under dividend option in retail and institutional plan of Reliance Growth Fund.

The face value of per unit is Rs 10.

The fund house has decided to distribute 50% or Rs 5 per unit as dividend for retail and institutional plan on the record date.

Reliance Growth Fund is an open-ended equity scheme, which has the investment objective to achieve long term growth of capital by investing in equity and equity related securities through a research based investment.

http://www.myiris.com/

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ICICI Pru MF changes units` face value of various schemes

ICICI Prudential Mutual Fund has approved changes in the face value of units of ICICI Prudential Liquid Plan, ICICI Prudential Flexible Income Plan, ICICI Prudential Floating Rate Plan and ICICI Prudential Sweep Plan.

Accordingly the face value of the units of the aforesaid schemes is changed from existing Rs 10 per unit to Rs 100 per unit.

The aforesaid changes will be effective from Nov.1, 2009.

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Debt Funds category emerged as the only gainer for the week ended Oct.23, 2009

Debt Funds:
NAVs of the Debt funds category gained 0.08% in the week.

Among the Debt funds, Fortis FTP - Series 11 - Plan - B - Institutional gained 1.63%, Fortis FTP - Series 11 - Plan - B - Regular added 1.62%, ICICI Prudential S M A R T Fund - Series G - Retail rose 1.23%, Sundaram BNP Paribas Global Advantage Fund climbed 1.21% and ICICI Prudential Real Estate Securities Fund - Institutional gained 0.93%.

Index Funds:
NAVs of the Index funds category declined 2.82% in the week.

Among the Index funds, there were no gainers. NAVs of the entire schemes under this category declined during the week. Benchmark S&P CNX 500 Fund declined 2.16%, HDFC Index Sensex Plus Plan went down 2.53%, ICICI Prudential Spice Fund slipped 2.74%, Franklin India Index Tax Fund lost 2.75% and Principal Index Fund declined 2.77%.

ELSS Funds:
NAVs of the ELSS funds category declined 1.8% in the week.

Among the ELSS funds, there were no gainers. NAVs of the entire schemes under this category declined during the week. Escorts Tax Plan declined 0.24%, SBI Tax Advantage Fund Series 1 went down 0.26%, DSP BlackRock Tax Saver Fund slipped 0.91%, Religare Tax Plan lost 1.11% and Reliance Equity Linked Saving Fund - Series 1 declined 1.22%.

Equity-Diversified Funds:
NAVs of the Equity-Diversified funds category declined 1.56% in the week.

Among the Equity-Diversified funds, there were no gainers. NAVs of the entire schemes under this category declined during the week. Kotak Global Emerging Market Fund declined 0.01%, Tata Select Equity Fund went down 0.02%, UTI SPREAD Fund slipped 0.09%, Tata Contra Fund lost 0.11% and JM Mid Cap Fund declined 0.12%.


Balanced Funds:
NAVs of the Balanced funds category declined 0.96% in the week.

Among the Balanced funds, there were no gainers. NAVs of the entire schemes under this category declined during the week. Escorts Opportunities Fund declined 0.06%, Tata Young Citizens Fund went down 0.12%, Tata Young Citizens Fund slipped 0.12%, Tata Young Citizens Fund lost 0.12% and UTI Mahila Unit Scheme-Growth declined 0.19%.


Sector Funds:
Among major gainers in the sector fund categories were, TMT (2.65%), FMCG (2.24%), in the week.

Resource:http://www.myiris.com/

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