‘Unfairly large’ penalties may cause a pullback, its bosses say in note to India’s US ambassador

Even though A and AA papers fall in the investment grade, they are considered relatively less secure than top grade AAA. In March-April 202...

About 96-98% of the unitholders in the schemes voted for winding up, according to people familiar with the matter. The apex court said obje...

Franklin Templeton Mutual Fund has urged unitholders to vote in favour of the trustees’ decision to wind up the six debt schemes. This come...

Last month, Franklin had approached the Supreme Court seeking clarity on certain aspects of the Karnataka High Court’s order that directed ...

Munot said the market witnessed its ‘Minsky Moment’ earlier this year with the onset of Covid and with Templeton shutting down some of its ...

"One will have to see the breakdown on where the flows have come in,” said Kaustubh Belapurkar, director manager, research, Morningstar Ind...

Last month, Franklin Templeton had closed six debt funds.

Most debt mutual fund categories have witnessed outflows in the last month, data shows.

The fund house promised to pay an additional trail brokerage fee of 10 basis points to distributors who mobilised money between April 1 and...

"We are committed to doing all we can to return monies in the schemes that are wound up at the earliest to investors, and to regain your tr...

India also has the world’s worst bad-debt ratio at traditional lenders.

In an unprecedented move, Franklin Templeton Mutual Fund has voluntarily decided to wind up its six debt schemes citing redemption pressure...

Templeton has wound up $4.1 billion of debt funds after a liquidity crisis.

Catching investors off guard, Franklin Templeton Mutual Fund late on Thursday announced winding up of six debt schemes, citing redemption p...

The closure of funds fueled worries of a renewed wave of withdrawals from similar products.

Other funds – equity, debt and hybrid – are unaffected by Franklin Templeton's decision.