SBI Funds Management (SBI MF) will distribute the fifth tranche of Rs 3,303 crore to unitholders of Franklin Templeton Mutual Fund's six shuttered schemes during the week beginning Monday. With this, the total disbursement will reach Rs 21,080 crore, amounting to 84 per cent of assets under management (AUM) as on April 23, 2020, a Franklin Templeton MF spokesperson said on Sunday. Under the first disbursement in February, investors received Rs 9,122 crore, while Rs 2,962 crore were paid to investors during the week of April 12, Rs 2,489 crore during the week of May 3 and in the latest disbursement during the week of June 7, investors were paid Rs 3,205 crore.
If new goals have emerged, this is the time to make fresh investments.
Franklin Templeton Mutual Fund has said its six shut schemes have received Rs 15,272 crore from maturities, coupons and pre-payments since closing down in April 2020. The fund house had shut six debt mutual fund schemes on April 23 last year, citing redemption pressures and lack of liquidity in the bond market.
Rakhi Sawant finds a new technique to make sure the camera stays on her.
'If the third wave of Covid infections is as bad as the second one, the market may get very polarised with a preference for blue-chips with low volatility.'
Markets now expect the Fed to normalise rates gradually.
'My children -- Saif, Saba and Soha -- have been located in Mumbai for a while now.' 'In our case, it's the house more than me that keeps the family close.' 'All three of my children love Pataudi; they come to Delhi and head straight there.'
Delhi, daddy issues, drivers, domestic help, politics, patriarchy, sexuality, sexism, choices, compromises, community, religion, real estate, motherhood, marriage -- Gulmohar offers a loaded, layered understanding of familial relationships and its indirect impact on the people at the periphery, notes Sukanya Verma.
'At the heart of the strategic relationship between our countries are economic ties.'
Franklin Templeton Asset Management (India) on Monday said the Securities Appellate Tribunal (SAT) has stayed Sebi's order, whereby the regulator had barred the asset management firm from launching any new debt scheme for two years. In addition, the regulator had asked Franklin Templeton to refund investment management and advisory fees to the tune of Rs 512 crore, including interest, collected with respect to its six debt schemes which are now shut. "With reference to the order issued by Whole Time Member(WTM) of Sebi on June 7, 2021, Franklin Templeton Asset Management (India) Pvt Ltd filed an appeal and an application for stay before the Hon'ble SAT. "After hearing the parties, the Hon'ble SAT has stayed the operation of the order passed by the WTM," a Franklin Templeton spokesperson said in a statement. The matter has been listed on August 30, 2021 for further directions, he added.
Those interested in investing in gold have shifted to instruments, such as sovereign gold bonds and gold ETFs. Many others are, in fact, selling gold or using it as collateral to generate short-term liquidity.
Illustration: Uttam Ghosh/Rediff.com After a brief respite at the year's start, FPIs have dumped shares worth more than $5.7 billion (Rs 42,596 crore), taking the cumulative net outflows since October to $10.5 billion (Rs 78,466 crore), and adding to the volatility on the bourses. The figure would have been a lot worse had it not been for net purchases to the tune of $5.7 billion in the primary market from October to date.
How investors can tweak their fixed income investments to earn more in the current environment.
Had he not taken his final curtain call on April 23, 1992, Satyajit Ray would still, undoubtedly, have been making movies.
'They can shift to dynamic asset allocation funds to automatically rebalance their equity exposure.'
India had won the mixed team gold at 2018 CWG for the first time and Chirag feels they can repeat the performance this year too.
'I don't think I ever wanted to work with anyone, no Khans, nobody, except for Mr Amitabh Bachchan.'
High inflation print is the price that the Reserve Bank of India (RBI) will have to pay to nurse a fragile growth back, say economists. Wholesale Price Index-based inflation rose to a record high of 12.94 per cent in May, aided by low base effect, but also because of higher fuel and commodity prices. Retail inflation, too, surprised by rising to 6.30 per cent, while the core inflation, which is the non-food and non-fuel component, rose to an 83-month high of 6.55 per cent. These numbers are much above RBI's upper limit of 6 per cent inflation target, but there is very little that the RBI can do at this moment.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
'Pocketing' is a dating situation in which a partner does not disclose or acknowledge your relationship in public and prefers to keep it a secret, explains Sybil Shiddell, country manager India, Gleeden, a discreet extra marital dating Web site.
Allaying investors' fears, Franklin Templeton AMC has said Sebi's order prohibiting the company from launching new debt funds will have no bearing on existing schemes managed by it. Sebi on Monday barred Franklin Templeton Asset Management (India) from launching any new debt scheme for two years and imposed a penalty of Rs 5 crore for violating regulatory norms in the case of winding up of six debt schemes in 2020. Also, it has been asked to refund investment management and advisory fees of over Rs 512 crore (including interest) collected with respect to the six debt schemes. This amount will be used to repay unitholders, as per Sebi order.
'A strong foreign exchange reserve is the best safety net against global spillovers.'
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
'Only time will tell how difficult it would be for the BJP when Mr Modi may not be in a position to actively run affairs of the party and be its biggest vote catcher.'
'Then the BJP could even split.'
It is advisable to avoid a fund until it develops a track record.
The Securities Appellate Tribunal has stayed a Sebi order that barred Franklin Templeton's Asia Pacific head Vivek Kudva and his wife Roopa from the securities market for one year.
The shortage of semiconductors globally is expected to persist through 2021 and recover to normal levels by the second quarter of 2022, which will constrain the production of many electronic equipment types this year, according to research firm Gartner. Semiconductors play a crucial role in everything, right from computers to appliances, communication devices, transportation systems to critical infrastructure. The breakout of the COVID-19 pandemic had temporarily disrupted semiconductor shipments.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
So which sectors are likely to do well in 2022? Should you focus on domestic economy-related sectors or export-oriented ones?
'The Elephant Whisperers is a hopeful story of respect and cooperation with nature in an era rife with conflict and threat to our beautiful planet.'
Entertainment may be its raison d'etre but the tears brought about by cinema are no less significant.
Investment guru and mutual fund expert Ashok Kumar, answers all your MF related queries.
Goodbye makes ordinary places, ordinary people and ordinary events become interesting, observes Mayur Sanap.
As the FM said, this is a Budget that lays the foundation for the next 25 years, observes Kumar Mangalam Birla.
'Luis Enrique has been very important to us and we're all at ease with him.'
Industry players credit Sebi's first woman chairperson with putting special emphasis on cyber security, use of tech and data, areas where Sebi is trying to 'stay ahead of the curve'.
At present, the EPFO is mandated to invest 20-45 per cent of its incremental funds - of around Rs 1.5 trillion - in debt-related instruments.
'There are some high-frequency indicators where uptick is visible and some where it is not'
'MFs acted as reckless lenders and not as prudent investors.' 'Clearly, how debt funds are being run is a systemic issue,' warns Debashis Basu.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances