Investors pull out Rs 5,000 crore from credit risk funds after Templeton move
Meanwhile, BOI AXA Credit Risk fund has given negative returns of 72.05% in the last one year, data from Value Research showed. The returns are as on April 27, 2020.
by Financial Express Apr 29, 2020
HNIs, brokers brace for tax impact as Franklin debt fund fiasco unfurls
The brokers will have to value the MFs as stock in trade and take an asset write-off.
by Economic Times Apr 29, 2020
'Require money 3 years from now? Shift to largecaps from mid & smallcaps'
A large part of the rally in the equity benchmark was led by a handful of large-cap stocks. Now, most of those have fallen substantially and are available much cheaper.
by Money Control Apr 29, 2020
Coronavirus hits consumer trends: Brokerage cuts entire sector rating, withdraws buy calls on shares
Taking note of medium-term headwinds that the consumer staples and discretionaries are likely to experience, brokerage and research firm ICICI Securities has downgraded the entire sector to neutral and has withdrawn ‘buy’ calls for all the stocks covered.
by Financial Express Apr 29, 2020
No dividends may just be a good thing for investors
Many invest only in companies that pay high dividends, but that may not always be the right thing to do, according to Buffett
by Value Research Apr 29, 2020
Grandfathering of existing unlisted NCDs applicable across MF industry: Sebi
The regulator had allowed mutual funds to invest in unlisted NCDs up to a maximum of 10% of the debt portfolio of a scheme in a phased manner
by Mint Apr 29, 2020
Mutual funds may not have enough quality papers to use RBI’s liquidity window
Credit risk schemes could be in a better position to meet redemption pressures.
by ET Apr 29, 2020
Scared of debt mutual funds after Franklin fiasco? Here is a curated list
Templeton’s strategy was all along set up for failure. The only surprise is that it took this long to implode.
by ET Apr 29, 2020
Franklin fund of funds to re-jig debt allocation post-exit window
Exposure to wind-up schemes at marked-down valuations to continue
by Business Standard Apr 28, 2020
Liquidity boost may be a little late for Franklin Templeton
The ₹50,000 crore facility for mutual funds is at least a week late, say experts
by Mint Apr 28, 2020
FundsIndia.com launches new platform for insurance products
FundsIndia.com has enteres the insurance distribution business as a corporate agent by launching portal MeraSuraksha.com.
by Mint Apr 28, 2020
Bringing balance to your investments
Balancing your savings between different types of investments is key to achieving your goals
by Value Research Apr 28, 2020
RBI could create TARP-like structure to avoid another Franklin Templeton episode: Gaurav Garg
The selling pressure from the outbreak of COVID-19 with illiquid markets and negative sentiments on the street due to the economic slowdown left Franklin Templeton to close the scheme.
by Money Control Apr 28, 2020
Debt funds lose edge; value of 10 schemes erodes over 10% in a year
At least 10 funds have lost more than 10 per cent over the last one year.
by ET Apr 28, 2020
View: RBI’s action may not be a panacea, but a painkiller at best
RBI’s loan appears to be based on asset size of the credit funds which is at Rs. 55,000 crore.
by ET Apr 28, 2020
