Page 8 - Franklin Templeton

Top MFs gain larger share of industry's debt pie post-Franklin wind-up

Top-five fund houses account for over 61% of industry assets

Market Ahead, June 16: All you need to know before the opening bell

The SGX Nifty is up around 170 points from yesterday's close and is indicating an open at around 9,980 levels for the Nifty today

Top headlines: Tata Motors scouting for partner, no lockdown in Delhi

From Sebi to discuss Franklin move to wind-up business, Airtel Payments Bank rolling out accounts for MSMEs to IndiGo confident of working at 50% capacity, here are the top headlines of the day

Mutual funds, including FT, receive interest payments from Voda Idea

Franklin Templeton MF -- which had exposure to the debt papers of the company -- in six of its schemes (that have been wound-up) also received the payments

Franklin Templeton MF receives interest of Rs 103 cr from Vodafone Idea

Creation of segregated portfolios is a mechanism to separate distressed, illiquid, and hard-to-value assets from other more liquid assets in a portfolio

AGR dues: MFs receive interest payment from Vodafone ahead of SC hearing

Franklin Templeton MF, which had exposure to the debt papers of the company in six of its schemes (that are being wound up), also received payment.

Franklin Templeton moves Supreme Court to vacate stay on e-voting

The petitioner withdrew the case after FT MF counsels informed that they would be filing a special leave petition challenging the Gujarat High Court judgment

Gujarat HC order stays e-voting process on Franklin MF wound-up schemes

Fund house confirms the e-voting process to remain suspended till further notice

E-vote on winding up Franklin Templeton MF's debt schemes suspended

The unitholders' meet that was to be held on June 12 has also been deferred

Cloud over Franklin Templeton's wind-up move amid legal challenges

Delhi HC issues notice to fund house, Sebi following writ petition by investor

Franklin Templeton MF says examining Gujarat HC order of staying e-voting

The e-voting window was scheduled to open on June 9 and close on June 11 and the unit holders' meeting through video conferencing was to be held on June 12

Franklin Templeton Mutual Fund voting to commence from June 9

Trustees advise unitholders to vote 'Yes' to avoid delay in wind-up process

Franklin Templeton mutual fund investors can pick Deloitte over trustees

Unit holders will vote to moneitse the scheme assets.

Franklin Templeton gave Rs 518 cr loan to YES Capital

Schemes among the six wound up by the fund house had given the loan crore against non-convertible debentures (NCDs) to the firm in March 2019, according to ED's chargesheet

Franklin MF sees Rs 616 cr default from Essel Infra in four schemes

Mutual fund manager appoints legal counsel, says it is considering ways to maximise recovery value

AIFs may gain at the expense of MFs with market poised for shift in favour

Unlike MFs, Category-I and II AIFs have a closed-ended structure and are not exposed to the risk of sudden redemptions

Sebi gives exit option to Franklin Templeton's mutual fund investors

Experts say Sebi's move could also help in creating a market, where investors can get some access to liquidity even in stressed debt portfolios

Franklin MF ropes in Kotak Bank to expedite wind-up of 6 schemes

The bank's debt capital markets team will work as an independent advisor.

Inter-scheme transfers in mutual funds elevated amid debt crisis

Sebi data reveals transactions remained high in both March and in April

PSBs report sharp rise in deposits thanks to YES Bank, Franklin fiasco

Last financial year saw a series of banks failures starting with Punjab & Maharashtra Co-operative Bank and culminated in near collapse of YES Bank, India's 5th-largest private sector bank at its peak