[ad_1] Fixed income mutual funds have fallen out of favor among Indian mutual fund investors due to the uncertainty created by the Franklin Templeton fiasco. But this Dalal Street veteran continues to swear by debt funds. In fact, the man managing a wealth of Rs 3.25 lakh crore at India’s …
Read More »Trading in the Corporate Bond Market Accelerates in Mutual Fund Relief
[ad_1] MUMBAI : Trading in the corporate bond market saw a surge this week, offering some relief to highly liquid mutual funds facing bailout pressure on their debt funds. Daily trade volume has exceeded ₹Rs 10 billion in the three days to April 29, 15% more than the average daily …
Read More »How a mutual fund joined forces with KKR with disastrous consequences
[ad_1] If you had invested ₹100 in this fund at its launch in February 2015, would have been left with ₹44 now. It has returned -17.86% since its launch, and much of the collapse came after the IL&FS crisis in India erupted in September 2018. On April 24, 2020, the …
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 »ICMR Seeks Proposals to Fund Plasma Therapy Trials at 20 Government Facilities
[ad_1] New Delhi: The Indian Council of Medical Research (ICMR) will choose 20 health centers, mostly government-run hospitals, across India to begin clinical trials for convalescent plasma transfusion therapy, a treatment that is being exploring for seriously ill Covid-19 patients. ICMR has received 150 requests from both private and government …
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