SEARCHED FOR:DEBT SCHEMES
Aditya Birla MF’s 4 debt schemes see NAVs rise by up to 3.98% in a day
Now, all the three rating agencies — CARE, Crisil and India Ratings — have a C rating on Jharkhand Road Projects. As a result, as per external valuation agencies’ matrix, the paper will now get valued at 65% instead of the earlier 50% valuation.
What are debt mutual funds?
Debt mutual funds invest in fixed income securities like bonds, government securities, Treasury bills, among othe...
Is it time to move money from savings accounts to debt mutual funds?
Bank saving deposit rates are coming down and this definitely gives debt...
Investors in two Franklin schemes will get some money back in July
Two of the six schemes have already repaid their bank borrowings and are cash-positive now. These schemes can start repayments to investors shortly, subject to a successful unitholder vote
Best banking & PSU funds to invest in 2020
Most mutual fund advisors are asking risk-averse investors to consider investing in relatively-safer banking & PSU funds these days.
Debt fund fiasco starts hurting Franklin Templeton MF; AAUM falls sharply in April-June quarter
Apart from debt schemes, Investors also seem to be pulling money out even from the equity schemes managed by the fund house. Equity AAUM also suffers because of market movements.
Don’t abandon debt mutual funds, they are important
Debt mutual funds was safe - or everybody thought so until the IL&FS episode. Suddenly, debt funds started gaining notoriety as downgrades or defaults hit them with regularity in a slowing economy, before falling into the clutches of the COVID-19 pandemic and subsequent lockdown.
Mutual funds allowed to list units of shut schemes
Once implemented, the new system could be applicable to Franklin Templeton’s six debt schemes too, which have been scrapped.
Are debt funds still a credible choice for investors?
All this produced panic in the debt markets and many papers turned illiquid. So the exit path was closed for those holding those illiquid papers. And Franklin Templeton had to shutter six of their schemes due to this.
Poor performance, rumours hit balanced advantage funds
Balanced Advantage Funds have seen an outflow of Rs 401.45 crore in May. Some financial planners say investors may be pulling out money because they have been disappointed by the performance of these schemes lately.
Worried about falling FD rates? Here are some safe options
Devotees of bank fixed deposits are worried about the falling interest rates on FDs. These ultra conservative investors, especially retired folks, never look beyond bank FDs to park their money. In a falling interest rate scenario, they are hit very badly as it becomes very difficult to take care of their regular expenses with the lower interest income.
Winding up of debt fund schemes by Franklin Templeton
Franklin Templeton Mutual Fund is the 9th largest mutual fund house in India and manages assets worth ₹1.16 lakh crore. Late Thursday, it announced winding up six of its debt mutual fund schemes with immediate effect.
All investment decisions were made after appropriate due diligence, says Santosh Kamath of Franklin Templeton
Why did Santosh Kamat, MD and CIO, India fixed income, Franklin Templeton Mutual Fund, invest in long-term papers when some of funds are meant for very short-term horizon of a few months to a year? Why did he lend large sums to a few companies?
Investment in debt mutual funds can help investors: Crisil
Despite events like Franklin Templeton closing down schemes after COVID-19 outbreak, domestic rating agency Crisil on Tuesday said investing in debt mutual funds can help investors.
Winding-up process to be delayed in absence of investors' authorisation: Franklin Templeton MF
Franklin Templeton Mutual Fund further said that investors who do not have an e-mail ID or mobile number registered with the fund house will not be able to participate in the voting process.