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......
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. Samie Modak explains. The......
Any speculation suggesting otherwise, or any rumours around sale of our business in India are incorrect and simply that -- rumours, says head of the US-based asset manager. US-headquartered asset......
Sources said SBI Funds Management will distribute the proceeds to unitholders following liquidation of some securities held under the scheme. Unitholders of Franklin India Ultra Short Bond Fund,......
The ED case follows the police complaint for alleged criminal conspiracy and defrauding investors. Franklin Templeton Mutual Fund (MF), which shut its six schemes in April 2020, is facing the heat......