In a circular, Sebi said no change in the control of an AMC, directly or indirectly, can be made unless prior approval of the trustees and the regulator is obtained, among other requirements

SEBI asked the fund house why action should not be taken against them for not carrying out their fiduciary duties towards investors and for lapses in the risk-management process

In April last year, Franklin Templeton had shut down its six debt mutual fund schemes citing redemption pressures and lack of liquidity in bond market in the wake of the COVID-19 pandemic.

Supreme Court on February 2 ordered that Rs 9,122 crore be disbursed within three weeks to the unit holders of Franklin Templeton's six mutual fund schemes which are proposed to be wound up

The committee would supervise the operations of the innovation sandbox. Also, it would process the applications submitted by sandbox applicants and approve or reject applications and assign lead enabling organisations

The Supreme Court has entrusted State Bank of India Mutual Fund (SBI MF) to oversee distribution of funds to unitholders of six shut debt schemes

The British firm has begun identifying overseas Indian assets, including Indian bank accounts, airplanes and other foreign properties, in case the Indian government fails to honour the arbitration award

The solution is to deepen India's bond markets to free the NBFCs from excessive dependence on banks, and make the occasional failures (IL&FS, DHFL) less traumatic for the banking system

Over 90 per cent of the unitholders voted for winding up of six debt schemes of Franklin Templeton Mutual Fund for which electronic voting took place between December 26-28, 2020

During the last fortnight from December 16-31, 2020, the six wound up schemes received cash inflows worth Rs 1,213 crore. This saw FISTIP become cash positive during the period

In an advisory, the weather department wrote, 'Don't drink alcohol. It reduces your body temperature'. Instead of alcohol, eat Vitamin-C rich fruits to counter the effects of severe cold, the IMD said

Taruvai Subayya Krishnamurthy has served as the 13th Chief Election Commissioner of India from February 2004 to May 2005. During his tenure, he oversaw 2004 Lok Sabha elections

The equity mutual fund segment saw a net outflow of Rs 13,140 crore compared to Rs 2,725 crore in October. However, overall assets under management (AUM) of the mutual fund industry hit a record high of Rs 30 lakh crore

Trustee has partnered with 'K Fintech for electronic voting process and unitholders meeting to seek their content. Voting will take place on December 26-28 and  meeting of unitholders of relevant schemes on December 29

The top court also agreed to hear an appeal filed by Franklin Templeton against the Karnataka High Court order which stopped the fund house from winding up its debt fund schemes without prior consent of the investors

The six schemes received Rs 941 crore from maturities, pre-payments and coupon payments during the period October 30 to November 13, 2020

During the September quarter, equity-oriented mutual funds witnessed an outflow of over Rs 7,200 crore and also there was a drop in inflow from the systematic investment plan (SIP) folios

Franklin Templeton MF had closed six debt mutual fund schemes on April 23, citing redemption pressures and lack of liquidity in the bond market

Franklin Templeton case: The court observed that if the trustees violate SEBI Act or the MF Regulations, then a High Court would issue \"Writ of Mandamus under Article 226 to the Trustees\"

Franklin Templeton MF shut six debt mutual fund schemes on April 23, citing redemption pressures and lack of liquidity in the bond market