Why HDFC Life share is going down?
Why HDFC Life share is going down?
HDFC Life shares fall 4% after announcement on acquisition of Exide Life. HDFC Life Insurance Company shares declined 4 percent after the company announced the acquisition of a 100 percent stake in Exide Life Insurance for a total consideration of Rs 6,687 crore.
Is HDFC Life a good investment?
The highlight of this plan is the extremely low level of charges, comparable with the mutual fund industry. Being a unit linked plan, it offers good growth potential if invested over a long period of time. All these factors make it a good investment cum insurance product which offers tax savings also.
What is the new name of HDFC Standard Life Insurance?
HDFC Life Insurance Company Ltd
HDFC Standard Life Insurance on Friday changed its name to HDFC Life Insurance following the receipt of relevant approvals from regulatory authorities. The change in name is effective right off the bat and the company will henceforth operate under the name HDFC Life Insurance Company Ltd, it said.
Who are the promoters of HDFC Life?
HDFC Life Insurance Company Ltd. As on 31 March 2020, the promoters; HDFC Ltd. and Standard Life (Mauritius Holdings) 2006 Ltd. hold a 51.69% and 34.75% stake in HDFC Life respectively. The remaining equity is held by public shareholders.
Which policy is best in HDFC Life?
HDFC Life Savings and Investment Plans:
| Plan | Policy Term |
|---|---|
| HDFC Life Click 2 Invest ULIP | 5 to 20 years |
| HDFC Life Classic One | 10 years to 90 minus age at entry. |
| HDFC Life Sampoorn Samridhi Plus – Whole Life | 15 years to 40 years |
| HDFC Life Classic Assure Plan | 10/15/20 years |
Who is the owner of HDFC Life?
Housing Development Finance Corporation
abrdnStandard Life
HDFC Life Insurance/Parent organizations
Is one of the parent companies for HDFC Life?
As on 31 March 2020, the promoters; HDFC Ltd. and Standard Life (Mauritius Holdings) 2006 Ltd. hold a 51.69% and 34.75% stake in HDFC Life respectively. The remaining equity is held by public shareholders….HDFC Life.
| Trade name | HDFC Life |
|---|---|
| Parent | HDFC Abrdn |
| Website | hdfclife.com |
Who is Suresh Badami in HDFC Life?
Mr Suresh Badami has been associated with our Company since October 2013 and is the Chief Distribution Officer of the Company. Prior to joining our Company, Mr Badami was associated with Dunlop India Limited, ICI India Limited, Cogensis Networks Private Limited, Max Ateev Limited, and ICICI Bank Limited.
