Franklin India

Keeps rates unchanged as world's central banks wrestle with when to cut

The decision comes as the rich world's central banks including the ECB and the US Federal Reserve are weighing when receding inflation will let them cut rates - and make credit cheaper for businesses

Franklin Templeton MF unitholders to get Rs 985 cr in eighth tranche

A total of Rs 25,114 crore has been distributed across 6 schemes under winding up

Franklin MF distributes Rs 24,000 cr to investors of 6 shut debt schemes

The total amount disbursed so far ranges between 84 per cent and 108 per cent of the respective reported AUM values of the 6 funds as of April 23, 2020

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

Franklin Templeton unitholders to get Rs 2,489 cr in next tranche

SBI Funds Management (SBI MF) will distribute the next tranche of Rs 2,489 crore to unitholders of Franklin Templeton Mutual Fund's six shuttered schemes in this week from Monday

Top headlines: Money laundering case on Franklin, APSEZ to buy 31.5% in GPL

The government may cut the reserve price of spectrum ahead of the 5G auction, given 63 per cent of spectrum remained unsold at this week's auction, CLSA said in its investor note

Franklin Templeton's shut funds receive Rs 13,120 crore so far

Franklin Templeton's six shut schemes have received Rs 13,120 crore from maturities, pre-payments, and coupons since their closure in April

Franklin Templeton case: HC sows seeds of democracy in governance of MFs

The court has given impetus to the principle that the domain of the trustees to unilaterally decide on winding up without declared confirmation by majority investors is non-negotiable

'No' vote could mean emergency liquidation of securities: Sanjay Sapre, FT

President of Franklin Templeton India Sanjay Sapre speaks ahead of the vote on whether the fund house should be allowed to wind up troubled schemes

Investors want paper ballots in Franklin MF voting, overseen by ex-CECs

Investor association seeks changes in Franklin Templeton voting process

What will a 'Yes' or 'No' vote mean for Franklin Templeton investors

If investors in the six Franklin Templeton schemes vote for reopening, they may have to take large haircuts

Franklin warns investors may lose for voting against $4 bn wind up plan

Electronic voting will take place Dec. 26 to 28 on the asset manager's plan, according to a statement from the company Monday

Investor body slams Amfi for not protecting Franklin Templeton unit holders

CFMA alleged that Amfi was undermining a lawfully registered FIR against FTMF when it was not privy to the forensic audit

Sebi, not EOW, should handle mutual fund issues: Franklin Templeton

Sebi, the specialised regulator for the securities market, is best placed to handle any issues related to mutual fund investments, FT said in a note to unitholders

Sebi seeks time to file counter in High Court on PIL against Franklin MF

The PIL had been filed by an investor protection society in response to the abrupt winding up six debt schemes worth Rs 28,000 crore of assets under management by the fund house

Franklin Templeton issues apology to Sebi for global chief's remarks

Stung by the comments made by the global chief, market regulator on Thursday issued a press release defending the new rules it introduced in October last year

Franklin Templeton's six wound-up schemes face concentration risks

Closed schemes had large exposure to some bond issuers

Equal treatment

Govt should not tax two forms of debt differently

Finance Ministry, Sebi question mutual funds on Franklin Templeton fiasco

Govt gives RBI go-ahead to ensure liquidity; distributors seek special window for small investors

Franklin Templeton debt fund crisis: Will investors get any money?

The fund house has declared that there will not allow any further transactions in them - no fresh purchases and no redemptions