[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 …
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[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 …
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[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 …
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[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 …
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[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. …
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[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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