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Hawkish RBI prompts debt mutual funds to reassess 'duration' of schemes

Debt fund managers are reassessing their strategies after the setback delivered by the Reserve Bank of India recently. Illustration: Uttam Ghosh/Rediff.com While most are refraining from any......

'Why do investors no longer panic during market downturns?'

'It's important that every portfolio is well diversified.''My own portfolio is diversified across asset classes: 50% is in equity funds, 15% in international schemes, 25% in debt funds and 10% in......

Kotak Mahindra AMC barred from launching new FMPs for 6 months

Sebi on Friday imposed a penalty of Rs 50 lakh on Kotak Mahindra Asset Management Company (AMC) and barred the fund house from launching new fixed maturity plan (FMP) scheme for six months for......

Franklin Templeton scotches rumours of exiting India

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......

Franklin unitholders to get Rs 1,200 cr in second tranche

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,......

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