The investors who were part of the suspended schemes at the time of sidepocketing will get their dues as and when recoveries are made in the segregated portfolio
No fresh investments in these schemes will be allowed by instalments falling due under SIPs, CSIP or STPs registered before May 22 will be processed as usual
Franklin Templeton Mutual Fund has cited redemption pressure and lack of liquidity in bond markets for shutting of schemes
Despite the net inflow, the net assets under management (AUM) of all mutual funds decreased by over 8 per cent month-on-month to Rs 23.79 lakh crore in end-June
Asset managers Thursday said Prime Minister Narendra Modi should focus on ways to boost investments and also the "soft" private consumption
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