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Franklin Templeton MF committed to return investors money at earliest: Sanjay...
"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 trust in our brand," Franklin Templeton Asset Management (India)...
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Rs 50,000 crore RBI credit line for MFs will restore investor confidence:...
Rs 50,000 crore Special Liquidity Facility by the RBI to ease redemption pressure on Mutual Funds (MF) in the face of Covid-19 crisis would not only restore confidence in the MF industry but also...
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Sebi eases compliance norms for investment in unlisted NCDs for mutual funds
The regulator has also eased compliance norms with regards to grandfathering of the existing unlisted NCDs, the Securities and Exchange Board of India (Sebi) said in a circular.
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Manulife Investment Management acquires 49 percent in Mahindra AMC
The joint venture will focus on expansion of fund offerings and long term wealth creation.
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RBI extends regulatory benefits under SLF-MF to all banks
The banks claiming the regulatory benefits would be required to submit a weekly statement, the central bank said in its release.
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Net redemptions under credit risk funds down by 81.5%
In a press release issued by Association of Mutual Funds in India, the decrease in redemptions has happened post RBI's announcement of special liquidity measure of INR 50K crores for the mutual fund...
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Salaries increase for top mutual fund CEOs
According to an analysis of the data made public by mutual funds, the CEO salary given by the top 12 fund houses in terms of assets under management increased in the range of 2-132 per cent in 2019-20...
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The Russian dolls of Franklin Templeton
A 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 credit risk funds — which predominantly invest in lower-rated debt...
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Franklin Templeton Mutual Fund apologises unconditionally to Sebi
The fund's global CEO had blamed regulatory changes for its decision to shut 6 schemes.
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PPFAS Long Term Equity Fund adds Microsoft Corporation to portfolio
Parag Parikh Long Term Equity Fund has added Microsoft Corporation to the portfolio and completely exited from the Nestlé SA ADR.
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Equity mutual fund inflows hit 4-month low of Rs 6,108 crore in April
Overall, the mutual fund industry witnessed net inflows of Rs 45,999 crore across all segments, data by the Association of Mutual Funds in India showed on Friday.
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Debt, hybrid mutual funds see large outflows in April; advisors blame...
Most debt mutual fund categories have witnessed outflows in the last month, data shows.
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Two HSBC Mutual Fund debt plans report 9-10% erosion in NAV
On April 30, four debt schemes of Principal Mutual Fund holding papers of DHFL saw their NAVs fall by 4.5- 6.8%.
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India bonds drop by most since 2017 on Modi’s new borrowing
The yield on 10-year bonds climbed 22 basis points, the biggest increase since February 2017.
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Lockdown, weak investor sentiment impact mutual fund NFOs
So far in 2020, draft documents for 20 NFOs have been submitted with the Securities and Exchange Board of India (Sebi).
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6 FOFs from Franklin Templeton see NAVs dip as debt funds are wound up
The NAV of Franklin India Dynamic Asset Allocation FOFs (fell 16.6%), Franklin India Multi-Asset Solution (fell 22.42%), Franklin India Life Stage FOFs-20 (fell 6.59%), Franklin India Life Stage...
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RBI announces Rs 50,000-crore Special Liquidity Facility for mutual funds
The scheme is available from today, that is, April 27. It will be available until May 11 or up to utilization of the allocated amount, whichever is earlier. The Reserve Bank will review the timeline...
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BSE StAR MF contributes 61% of industry's net equity inflow in April
In 2019-20, the platform contributed Rs 56,038 crore as net equity inflow, which is 66 per cent of the mutual fund (MF) industry's net inflow of Rs 83,781 crore, the BSE said in a statement.
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No explicit compensation scheme to protect mutual fund investors in India:...
According to Morningstar biannual Global Investor Experience report on regulation and taxes, India received an "average" grade and the country matches global best practices in many areas of regulation.
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RIL raises over Rs 10,000 crore via bonds; MFs subscribe
The HDFC Group including two entities could well be the largest subscriber collectively.
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