[ad_1] Mumbai: The capital markets regulator and RBI went into action over the weekend to assess the damage and contain the consequences of Franklin Templeton’s decision to close six debt funds. To encourage banks to lend more, the RBI can modify rules that limit the amount it absorbs from banks …
Read More »6 Franklin Templeton FOF Watch NAVs Drop As Debt Funds Settle
[ad_1] MUMBAI: The NAV of the six fund of funds (FF) of the Franklin Templeton India mutual fund fell as much as 22.42% in a single day due to the liquidation of six debt schemes at the fund house. A fund of funds (FOF) is an investment strategy to maintain …
Read More »Franklin Templeton reduces its Fund Fund exposure by 50%
[ad_1] Franklin Templeton Mutual Fund has reduced its Fund Fund (FoF) exposure to debt funds that are liquidated by 50%. A senior AMC executive who declined to be named said this was the decision of an internal review committee. A Fund of Funds (FEF) is a mutual fund that invests …
Read More »What Debt Fund Investors Should Know After Franklin Templeton Ends Schemes
[ad_1] Then there is the risk of the fund manager. Actively managed debt funds are managed by specialist fund managers who may have strategies that can positively or negatively impact the performance of the fund. And finally, there is a credit risk, which is the problem we have with Franklin …
Read More »Franklin Templeton will close 6 debt funds in a 1st for MF
[ad_1] MUMBAI: Franklin Templeton Mutual Fund, one of the leading fund houses in India, has decided to close six of its debt funds, which currently manage almost Rs 25.9 billion rupees in total. The move is due to liquidity problems in the bond market caused by problems related to Covid. …
Read More »Franklin MF closes 6 debt schemes due to rescue pressure and liquidity crisis
[ad_1] Franklin Templeton Mutual Fund (MF) decided on Thursday to liquidate six of its debt schemes geared toward high-yield investments, with a combined asset base of Rs 25.856 billion, citing continued redemption pressure and lack of liquidity in the markets. of debt amid the coronavirus blockade and pandemic. According to …
Read More »Covid-19 crisis: Franklin Templeton voluntarily winds up six credit funds
[ad_1] Mumbai: Franklin Templeton Mutual Fund said on Thursday it has voluntarily decided to wind up its suite of six yield-oriented, managed credit funds, effective April 23, citing the severe market dislocation and illiquidity caused by the Covid-19 pandemic. These six funds are: Franklin India Low Duration Fund, Franklin India …
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