Page 8 - Franklin Templeton

Franklin MF sees Rs 616 cr default from Essel Infra in four schemes

Mutual fund manager appoints legal counsel, says it is considering ways to maximise recovery value

AIFs may gain at the expense of MFs with market poised for shift in favour

Unlike MFs, Category-I and II AIFs have a closed-ended structure and are not exposed to the risk of sudden redemptions

Sebi gives exit option to Franklin Templeton's mutual fund investors

Experts say Sebi's move could also help in creating a market, where investors can get some access to liquidity even in stressed debt portfolios

Franklin MF ropes in Kotak Bank to expedite wind-up of 6 schemes

The bank's debt capital markets team will work as an independent advisor.

Inter-scheme transfers in mutual funds elevated amid debt crisis

Sebi data reveals transactions remained high in both March and in April

PSBs report sharp rise in deposits thanks to YES Bank, Franklin fiasco

Last financial year saw a series of banks failures starting with Punjab & Maharashtra Co-operative Bank and culminated in near collapse of YES Bank, India's 5th-largest private sector bank at its peak

Arbitrage schemes back on investors' radar after Franklin Templeton fiasco

The arbitrage category witnessed Rs 33,767 crore in net outflow during March

Franklin payouts may be delayed over authorisation for monetising holdings

Industry experts say in case of an unprecedented scenario of a deadlock in the voting process, the fund house would have to seek guidance from the regulator

Repayments may get delayed if unitholders don't authorise trustees: FTMF

The fund house re-iterated that the reason for winding-up the six schemes was to preserve the value for unitholders and return money at the earliest.

HNIs steer clear of illiquid investments after Covid-19 outbreak

Market-linked debentures and credit risk funds - two products to have grown popular in the past two years - have fallen out of favour since the outbreak

After Franklin fiasco, unlisted debt securities come under Sebi scrutiny

Industry estimates suggest Rs 5,700 crore exposed to such papers

Top headlines: Franklin apologises to Sebi, RIL sells another 2.32% in Jio

Business Standard brings to you the top headlines of the day

MF redemptions in debt segment continue despite RBI's liquidity window

Data shows Rs 4,000 crore of borrowing facility already used

Market Ahead, May 8: All You Need To Know Before The Opening Bell

A total of 13 companies, including SBI Cards and Shree Cements, are scheduled to announce their March quarter results today

Debt investors feel the pinch after Franklin fiasco highlights risks

Existing investors need to scrutinise portfolios carefully, new ones should take expert help

Franklin chief says tightening of unlisted debt added to pressure

Sebi regulations required fund houses to cap exposure to such papers at 10% of scheme assets

Set up special vehicle to give liquidity to MF: Group tells central bank

Distributor's association asks regulators to extend direct credit line for industry.

Sebi should revisit liability side of MFs

This would be a good time to change the 20-25 rule to 50-5 or 50-10

Redeemed your MF investment? Here's what you pay to the taxman

A redemption of mutual fund investments gives rise to capital gain or loss, which are taxed as capital gains. A loss, however, can be set-off against other taxable gains from other asset classes

Axis deal should boost our growth target and margin: Max Life's Tripathy

In a Q&A, the MD and CEO of Max Life says as a shareholder, Axis will now focus more on pushing high-margin products such as protection, which Indian customers also need