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.
rediffGURU T S Khurana answers readers' personal income tax queries.
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
The ED case follows the police complaint for alleged criminal conspiracy and defrauding investors.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
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.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, will answer your queries.
Following the money and freezing anything unaccounted is the only way to set an example for others, suggests Debashis Basu.
Sources said SBI Funds Management will distribute the proceeds to unitholders following liquidation of some securities held under the scheme.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
'Investors should restrict themselves to a few category schemes with high quality portfolios apart from overnight and liquid funds.'
The most popular list among the shutterbugs this year.
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