What Went Wrong at Axis Mutual Fund

Following the money and freezing anything unaccounted is the only way to set an example for others, suggests Debashis Basu. Illustration: Uttam Ghosh/Rediff.com Recently, Axis Mutual Fund removed......

6 discontinued Franklin Templeton MF unitholders to get Rs 9k cr

The Supreme Court on Tuesday ordered that Rs 9,122 crore be disbursed within three weeks to the unitholders of Franklin Templeton's six mutual fund schemes which are proposed to be wound up. A......

''No' vote could mean liquidation of securities'

'We know that returning money to unitholders at the earliest is the first and most important step towards resurrecting our brand and regaining investor trust.' Illustration: Dominic......

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

With a 'yes' vote, there is a more foreseeable outcome, while a 'no' could result in greater uncertainty, for which retail investors may not have the appetite.Sanjay Kumar Singh reports.......