MF News

Team Cafemutual has shortlisted a few questions on the recent closure of six debt schemes of Franklin Templeton Mutual Fund having combined assets of Rs.26,000 crore.

Following the nationwide lockdown to contain the spread of covid-19, Axis MF has launched a new campaign that urges investors to stay home and stay invested.

Seven fund houses manage average AUM of over Rs 50,000 crore in pure equity funds and ELSS.

Franklin Templeton India MF has shut six of its open-ended debt schemes. The fund house said that the coronavirus pandemic has created liquidity crunch and unprecedented redemption pressure in the debt fund space. We tried to understand if this will snowball into an industry-wide phenomenon and what should distributors tell their clients.

AMFI has urged investors to consult their mutual fund distributors before talking any call on existing debt funds.

Six schemes of Franklin Templeton Mutual Fund - Franklin India Low Duration Fund, Franklin India Dynamic Accrual Fund, Franklin India Credit Risk Fund, Franklin India Short Term Income Plan, Franklin India Ultra Short Bond Fund and Franklin India Income Opportunities Fund were wound up due to increasing redemption pressure, slowing inflows and worsening liquidity in the debt market.

Ravi Gopalakrishnan, Head of Equity, Principal Mutual Fund shares his insights on the impact of covid-19 outbreak, opportunities in the current market scenario and why a focussed fund should be a part of an investor's core portfolio.

AMFI has clarified that mutual fund distributors will have to submit their DSCs by June 30 to avoid forfeiture of commission.

HDFC AMC has paid Rs 4.20 crore to the regulator to reach a settlement with SEBI on certain alleged regulatory non-compliances pertaining to its investments in Essel Group companies.

If you are looking to zero-in on a fund in the ELSS space, Aditya Birla Sun Life Tax Relief 96 is a good choice as the fund has consistently outperformed its benchmark.

Distributors can simply call SBI MF to execute transactions.

The MF industry has added 8,594 individual MF distributors last fiscal as against 17,625 MF distributors in April-March 2019, a decline of 51% in a year.

While the MF industry has done well to prevent a sharp increase in SIP discontinuation, the number of new SIP registration has fallen to its lowest in 13 months. Read on to know how the SIP trend has shaped up recently.