Franklin Templeton Mutual Fund’s (MF's) move to wind up six of its debt schemes has led to a clutch of investors approaching courts, leading to uncertainty over the process that was slated to start on Tuesday through e-voting by the unitholders. On Monday, the Delhi High Court (HC) issued notice to Franklin MF, the Securities and Exchange Board of India (Sebi), following a writ petition filed by an investor challenging the wind-up notice and the subsequent e-voting notice issued by the fund house.
MFs lap up commodity and metal stocks; some buy Kotak Bank, too
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