IRDA To Allow Insurance Companies To Invest In Equity Trading
- Investment in equity exchange traded funds (ETFs) by Insurance companies has been allowed by Insurance Regulatory and Development Authority (IRDA) which can bring in investment in the country.
- IRDA said only those registered with SEBI and governed by SEBI are eligible for investment.
- ETF is a security that tracks index funds and traded like stocks on exchanges
- ETFs are to be valued in line with stocks.
- Securities Market
- Capital Market