The mutual fund industry has witnessed a lot this past year, from the launch of the Bharat Bond ETF to the closure of six Franklin debt funds, and of course several new regulations from SEBI. Here's a closer look at some of the major events and developments.
Franklin shuts down six debt funds - April 2020
In one of the biggest events in the history of debt funds, Franklin Templeton announced the voluntary wind-up of six of its schemes: Low Duration Fund, Ultra Short Bond Fund, Short Term Income Plan, Credit Risk Fund, Dynamic Accrual Fund and Income Opportunities Fund.
