News From Press Liquidity measures stabilised mutual funds since Franklin Templeton episode: RBI Chief

Liquidity measures stabilised mutual funds since Franklin Templeton episode: RBI Chief

Franklin Templeton had shut down its six debt schemes on April 23, following severe illiquidity in underlying bonds and redemption pressures.

Mint Aug 7, 2020

Abundant liquidity created by RBI through Open Market Operations or OMOs have helped the borrowing costs in financial markets to drop to their lowest in a decade. The abundant liquidity has supported mutual funds in a great manner. RBI Governor in his bi-monthly monetary policy review speech said that the assets manged by the debt mutual funds have improved since the Franklin Templeton episode due to the abundant liquidity in the market.

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1 Comment

PRASHANT · 3 years ago `

But what happened to the investor of Franklin schemes?

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