Page 2 - Franklin Templeton

Franklin Templeton complies with conditions prescribed in SAT order

Franklin Templeton Asset Management (India) has said that it has complied with the conditions prescribed by SAT in its order pertaining to the restrictions imposed by Sebi on the fund house.

Sebi moves Supreme Court against SAT order on Franklin Templeton

Sebi has moved SC against June 28 order of SAT which stayed its decision to bar Franklin Templeton from launching new debt schemes for two years and had asked the fund house to refund over Rs 512 cr

Consent of most shareholders needed for shutting down debt schemes: SC

The apex court had upheld on February 12 the validity of e-voting process for winding up of the MF schemes and said that disbursal of funds to unit-holders will continue

SAT stays Sebi ban on Franklin Templeton's Vivek Kudva, wife

Securities and Exchange Board of India, last month, imposed a market ban on the couple for redeeming units of Franklin Templeton Mutual Fund (MF) schemes while in possession of non-public information

Franklin Templeton executive says Sebi exceeded authority in banning him

A senior executive of US money manager Franklin Templeton (FT) told an Indian appeals tribunal the country's market watchdog 'overstepped' its powers by banning him from the securities market

SAT grants interim relief to Franklin Templeton MF, partly stays Sebi order

In a 100-page order, Sebi has rapped the fund house for "several irregularities" in the running of its six debt schemes that were wound up in April 2020

Top headlines: RBI extends restrictions on PMC, Franklin moves SAT, & more

Business Standard brings you the top news of the evening

PRC matrix: Useful tool for investors choosing debt fund, say analysts

Utilise alongside risk-o-meter to know current, potential risk

Returned Rs 17,777 cr to investors of shuttered schemes: Franklin Templeton

This amounts to 71 per cent of assets under management (AUM) as on April 23, 2020

Double whammy for debt fund investors: Flat rate cycle, tighter regulation

A flat interest rate cycle and tighter regulation may weigh on returns

Sebi imposes Rs 15 cr penalty on FT MF chief executive, fund managers

Regulator cites obsession with high-risk strategies without factoring concomitant risks; fund house to appeal order

Markets regulator penalises Franklin Templeton AMC officials, trustee

Sebi imposed a penalty totalling Rs 15 crore on senior officials of Franklin Templeton AMC and its trustee

Franklin case: Meet Vivek & Roopa Kudva, the couple in Sebi's firing line

The Kudva family finds itself in an unfortunate position. But professionals have been forewarned after this incident

Sebi's order to not impact existing schemes, says Franklin Templeton

The AMC allayed investors' fears

Franklin Templeton moves to calm Indian investors after new debt fund ban

SEBI barred Franklin from launching any new debt schemes for two years after a probe into its sudden closure of six credit funds last year found serious lapses and violations

Reset the norms

Franklin Templeton saga calls for better regulation

Recovery in NAV supports winding up decision, says Franklin Templeton

Says current NAV of each of the six schemes is higher than on April 23, 2020, the AUM on which date was considered while returning amounts to unitholders

Decoded: Making sense of the Franklin Templeton Mutual Fund saga

All schemes were holding highly illiquid and large portions of low-rated securities. As a result, the fund house had challenges meeting the redemption requests

Listed AMCs' shares gain after Sebi's 2-year ban on Franklin Templeton MF

Shares of HDFC Asset Management Company (AMC) rose as much as 3.4 per cent, while those of UTI AMC and Nippon Life India AMC gained about 1.83 per cent and 1.33 per cent, respectively, on Tuesday

Sebi's Franklin Templeton order sends ripples across MF industry

Fund houses to review investment processes; opt for safety over returns