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dc.contributor.authorHalder A.
dc.date.accessioned2022-02-11T10:17:08Z
dc.date.available2022-02-11T10:17:08Z
dc.date.issued2019
dc.identifier.citationHalder, A. (2019). Risk assessment and quantification of wealthsurance equity growth fund of IdBI federal life insurance. International Journal of Management, 10(4). https://doi.org/10.34218/IJM.10.4.2019.006
dc.identifier.issn9766502
dc.identifier.urihttps://www.doi.org/10.34218/IJM.10.4.2019.006
dc.identifier.urihttp://hdl.handle.net/11718/25409
dc.description.abstractThe objective of risk management is not to prohibit or prevent risk taking activity, but to ensure that the risks are consciously taken with full knowledge, clear purpose and thorough understanding so that it can be measured and mitigated. It also prevents an institution from suffering unacceptable loss causing it to fail or materially damage its competitive position. Balancing risk and return is not an easy task as risk is subjective and not quantifiable whereas return is objective and measurable. This paper includes both qualitative and quantitative research. The former uses a survey, face-to-face discussions and telephonic interviews on study sample which helped to decipher the demographics and the financial needs of the clientele. The latter uses empirical data sources to gauge the risks associated with a unit-linked insurance plan (ULIP), wealthsurance equity growth fund of IDBI federal life insurance based on risk parameters. A regression analysis is performed on the 5 year monthly historical data of portfolio returns of wealthsurance equity growth fund of IDBI federal life insurance and market returns. The findings suggest that the portfolio returns are almost independent of market returns thereby involving a high amount of risk for the fund managers to take to provide better returns. To conclude, if insurance industry has to do well in India, it has to reconfigure and change the way it has done business over the last 20years. � IAEME Publication.
dc.language.isoen_US
dc.publisherIAEME Publication
dc.relation.ispartofInternational Journal of Management
dc.subjectEquity growth fund
dc.subjectPortfolio
dc.subjectReturn
dc.subjectRisk
dc.subjectUnit-Linked Insurance Plan
dc.titleRisk assessment and quantification of wealthsurance equity growth fund of IdBI federal life insurance
dc.typeArticle
dc.contributor.affiliationIndian Institute of Management, Ahmedabad, India
dc.contributor.institutionauthorHalder, A., Indian Institute of Management, Ahmedabad, India
dc.description.scopusid57215822391
dc.identifier.doi10.34218/IJM.10.4.2019.006
dc.identifier.endpage67
dc.identifier.startpage44
dc.identifier.issue4
dc.identifier.volume10


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    The open-access journal articles collection includes articles published by faculty/researcher of Indian Institute of Management Ahmedabad in Gold/Diamond/ Hybrid/Green Open Access Journal. The Gold/Diamond Open Access Journals are those which published research articles as open access and are primarily licensed under the creative commons.

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