News From Press FIR lodged against Franklin

FIR lodged against Franklin

The FIR is based on a complaint filed by the Chennai Financial Markets & Accountancy, an investor group in May this year

Mint Sep 26, 2020

Mumbai: The Economic Offences Wing (EOW), Chennai, on Friday registered a first information report (FIR) against Franklin Templeton India, its trustee company, and senior management, including the fund manager, for allegedly defrauding the 300,000 unitholders stuck in its six shut debt schemes. The FIR is based on a complaint filed by the Chennai Financial Markets & Accountancy (CFMA), an investor group, in May this year.

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1 Comment

KRISHAN · 3 years ago `

THERE ARE FEW ADVANTAGES WHICH ARE BEING ENJOYED BY AMC LIKE
1 CUT OF TIME IF A TRADING HOUR OF STOCK MARKET IS TILL 3:30 THEN STILL OPENING A LOCKDOWN FOR DOING ONLINE TRANSACTION THE CUT OF TIME IS BEING REDUCED RESULTS RESTRICT TO TAKE DECISION FOR DOING TRANSACTION TO PURCHASE OR REDEMPTION
2 REDUCING AMC COST IF UNDERPERFORMING FUND VIZ A VIS REDUCING BROKERAGE

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