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

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

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 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

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\"

Four cash positive wound up Franklin Templeton schemes - FIUBF,FIDA,FILDF and FICRF - have 40 per cent, 19 per cent, 19 per cent and 9 per cent of their AUM available as cash, respectively

There are six schemes, Franklin India Ultra Short Bond Fund, Franklin India Low Duration, Franklin India Short Term Income Plan, Franklin India Credit Risk Fund, Franklin India Dynamic Accrual Fund, and Franklin India Income Opportunities Fund,that had made investments in Vodafone Idea

The company has taken this move after the Gujarat High Court rejected Franklin Templeton's application seeking vacation on its ad-interim stay order on the e-voting process. The next hearing in the case is scheduled for June 12

From the NBFC liquidity crisis in 2018 to collapse of six Franklin Templeton schemes, debt funds are no longer considered safe

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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

After the Franklin Templeton mishap, you can no longer ignore the issue and take safety of debt funds for granted

The six schemes included Franklin India Low Duration Fund, Franklin India Dynamic Accrual Fund, Franklin India Credit Risk Fund, Franklin India Short Term Income Plan, Franklin India Ultra Short Bond Fund and Franklin India Income Opportunities Fund

If you are keen to invest in gilt funds, you must know while gilt funds do carry very little credit risk due to sovereign backing, they are prone to interest rate risks

Coronavirus news: Fears ran amok that Franklin Templeton closing its six debt mutual fund schemes may trigger outflows from debt mutual funds. However, net outflows were only seen in credit risk and medium duration categories

The fund house said the remarks made by Jenny Johnson, president and CEO, Franklin Templeton during their quarterly earnings call were quoted \"out of context\" by media outlets

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Franklin Templeton Debt crisis: FT investors can hope to get better realisation of their locked investment if the market sentiment improves

To calm investors' nerves and ease liquidity pressures on mutual funds (MFs), the RBI has announced a special liquidity facility for MFs of Rs 50,000 crores via the banking industry, four days after that unpleasant incident took place

Besides lending against securities held by MFs, banks have been allowed by the RBI to do outright purchase of more than 25 per cent of Hold Till Maturity (HTM) securities in mutual funds portfolios in the absence of liquidity in the secondary market