News From Press Brokers body seeks Sebi, FinMin intervention as Franklin closes 6 MF schemes

Brokers body seeks Sebi, FinMin intervention as Franklin closes 6 MF schemes

Such an extreme step has created panic among their investors as well as mutual fund investors in other debt schemes across AMCs, says ANMI

Mint Apr 25, 2020

The Association of National Exchange Members of India (ANMI), a brokers industry body, on Friday sought the intervention of the securities market regulator Sebi and the ministry of finance to protect investor capital in six mutual fund schemes that Franklin Templeton Mutual Fund (FTMF) is shutting down.

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