What investors learnt from the Franklin fiascoYou never knew this would happen? Ever since Franklin Templeton shut its six debt schemes on April 23, 2020, investors have been asking the...
22 Apr, 2021, 12.16 PM IST
Enforcement Directorate launches money laundering probe against Franklin TempletonThe ED has registered a case on the basis of an FIR registered by the Chennai Police Economic Offences Wing in September last. The Chennai’...
05 Mar, 2021, 10.48 AM IST
Worst may be over for India credit funds: Navneet MunotMunot said the market witnessed its ‘Minsky Moment’ earlier this year with the onset of Covid and with Templeton shutting down some of its ...
04 Nov, 2020, 01.57 PM IST
Karnataka High Court asks Franklin MF to not proceed with winding up of schemes without investor consent"We are studying the order issued by the Hon'ble Karnataka High Court and will take appropriate steps in consultation with legal experts in...
24 Oct, 2020, 04.14 PM IST
Franklin Templeton lays off 20 employeesIn response to an email query, a Franklin spokesperson told ET, “These departures are the result of restructuring in our local distribution...
03 Oct, 2020, 08.01 AM IST
Conditions for the stressed debt funds have stabilised, says RBI“Mutual funds have stabilised since the Franklin Templeton episode. Assets under management of debt mutual funds, which fell to Rs 12.20 la...
06 Aug, 2020, 03.11 PM IST
Six wound up Franklin schemes to get Rs 6,000 crore cash flows by SeptemberKamath said the schemes have already received Rs 3,275 crore of cash .
08 Jul, 2020, 11.43 AM IST
Debt fund fiasco starts hurting Franklin Templeton MF; AAUM falls sharply in April-June quarterApart from debt schemes, Investors also seem to be pulling money out even from the equity schemes managed by the fund house. Equity AAUM al...
06 Jul, 2020, 01.15 PM IST
Franklin Templeton Mutual Fund sees outflows in debt schemes in April; equity investors stay putFranklin Templeton Mutual Fund has seen large outflows in its debt mutual fund portfolio in April, the AUM data of the fund house shows.
12 May, 2020, 01.49 PM IST
Debt, hybrid mutual funds see large outflows in April; advisors blame Franklin fiascoMost debt mutual fund categories have witnessed outflows in the last month, data shows.
09 May, 2020, 12.00 AM IST
The Russian dolls of Franklin TempletonA study of the portfolios of five out of the six debt schemes which were wound up by Franklin shows all these products had features of cred...
08 May, 2020, 06.34 AM IST
Sebi advises Franklin Templeton MF to focus on returning investors’ moneySebi mandated MFs to cap their exposure to unlisted NCDs at 10% of the schemes’ corpus.
07 May, 2020, 10.49 PM IST
View: We need legislative and institutional reforms to avoid a repeat of panic in debt mutual fundsIn addition, these recent crises need to be used as a trigger for basic regulatory and banking reforms.
01 May, 2020, 09.48 AM IST
Lenders seek top-ups, replacements for debt schemes given as collateral for loansBusinessmen, HNIs borrow this way for short-term capital needs or investments.
29 Apr, 2020, 11.14 AM IST
All you wanted to ask about your debt mutual funds after Franklin Templeton fiascoTempleton has wound up $4.1 billion of debt funds after a liquidity crisis.
25 Apr, 2020, 10.32 AM IST
View: Mutual fund industry should choose between corporate and retail moneyA mutual fund halts redemptions when it is not able to sell the assets to pay investors. That’s what happened at Franklin Templeton. Assets...
24 Apr, 2020, 04.08 PM IST
Franklin Templeton’s debt assets dip 23% in September on Amtek fiascoThe fund’s liquid schemes have seen redemptions worth almost Rs 9,800 crore in September, while outflow from credit funds was approximately...
03 Oct, 2015, 04.00 AM IST