News From Press Liquidity window for mutual funds induced confidence in system: SEBI

Liquidity window for mutual funds induced confidence in system: SEBI

In view of the possible redemption pressure that the mutual fund industry may face after the abrupt winding up of six debt schemes of Franklin Templeton Mutual Fund, the central bank announced a special liquidity window of Rs 50,000 crore for mutual funds in April end.

Money Control Jun 29, 2020

A joint move by SEBI and RBI for liquidity window to the mutual funds has helped induce confidence in the system, though not much demand for the scheme was seen, the capital market regulator said on Saturday.

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