Page 3 - Franklin Templeton

Top headlines: RBI extends restrictions on PMC, Franklin moves SAT, & more

Business Standard brings you the top news of the evening

PRC matrix: Useful tool for investors choosing debt fund, say analysts

Utilise alongside risk-o-meter to know current, potential risk

Returned Rs 17,777 cr to investors of shuttered schemes: Franklin Templeton

This amounts to 71 per cent of assets under management (AUM) as on April 23, 2020

Double whammy for debt fund investors: Flat rate cycle, tighter regulation

A flat interest rate cycle and tighter regulation may weigh on returns

Sebi imposes Rs 15 cr penalty on FT MF chief executive, fund managers

Regulator cites obsession with high-risk strategies without factoring concomitant risks; fund house to appeal order

Markets regulator penalises Franklin Templeton AMC officials, trustee

Sebi imposed a penalty totalling Rs 15 crore on senior officials of Franklin Templeton AMC and its trustee

Franklin case: Meet Vivek & Roopa Kudva, the couple in Sebi's firing line

The Kudva family finds itself in an unfortunate position. But professionals have been forewarned after this incident

Sebi's order to not impact existing schemes, says Franklin Templeton

The AMC allayed investors' fears

Franklin Templeton moves to calm Indian investors after new debt fund ban

SEBI barred Franklin from launching any new debt schemes for two years after a probe into its sudden closure of six credit funds last year found serious lapses and violations

Reset the norms

Franklin Templeton saga calls for better regulation

Recovery in NAV supports winding up decision, says Franklin Templeton

Says current NAV of each of the six schemes is higher than on April 23, 2020, the AUM on which date was considered while returning amounts to unitholders

Decoded: Making sense of the Franklin Templeton Mutual Fund saga

All schemes were holding highly illiquid and large portions of low-rated securities. As a result, the fund house had challenges meeting the redemption requests

Listed AMCs' shares gain after Sebi's 2-year ban on Franklin Templeton MF

Shares of HDFC Asset Management Company (AMC) rose as much as 3.4 per cent, while those of UTI AMC and Nippon Life India AMC gained about 1.83 per cent and 1.33 per cent, respectively, on Tuesday

Sebi's Franklin Templeton order sends ripples across MF industry

Fund houses to review investment processes; opt for safety over returns

Sebi fines Franklin MF Rs 5 cr, asks it to return Rs 512 cr fund mgt fees

US-headquartered asset manager has been barred from launching any new debt scheme for two years

Franklin Templeton disagrees with Sebi order; to challenge direction in SAT

Franklin Templeton Asset Management (India) on Tuesday said it strongly disagrees with the findings in Sebi's order in the case of winding of six debt schemes in 2020

Sebi fines Franklin Templeton AMC, bars launch of new debt scheme for 2 yrs

FT AMC asked to refund investment mgmt and advisory fees collected from June 4, 2018 till Apr 23, 2020 with respect to the six debt schemes inspected along with simple interest at rate of 12%/annum

Investors of Franklin Templeton's shut schemes to get Rs 3,205 cr

The unitholders of the six shut schemes of the Franklin Templeton Mutual Fund will get Rs 3,205.25 crore in the week starting from Monday.

FT MF says over Rs 14,500 cr returned to investors of 6 shuttered schemes

This amounts to 58 per cent of the assets under management of the six schemes on April 23, 2020, when the fund house decided to wind them up

Disbursed Rs 14,572 crore to investors of six shuttered schemes, says FT

In two of the schemes, the disbursement was over 75% of AUM in April 2020, when fund houses wound up the schemes