Mutual Funds News, Latest Mutual Funds News, equities, Top mutual fund, Financial Advice and Planning India
Business Today
Loading...
Mutual Funds
Not another Franklin Templeton - 2 debt funds suspended by ABSL MF for new investors

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
Advertisement