News for '-ft-mf'

Decoded: What went wrong with the six schemes of Franklin Templeton

Rediff.com19 Jun 2021

The Securities and Exchange Board of India (Sebi) has directed Franklin Templeton MF to pay Rs 5 crore as penalty, return over Rs 450 crore collected as 22-month investment management and advisory fees, and imposed a two-year ban on launching new debt schemes for alleged irregularities in running six of its debt schemes that were shuttered last year.

Franklin Templeton scotches rumours of exiting India

Rediff.com3 Apr 2021

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.