News for 'franklin-templeton-india'

AMCs' contribution to backstop fund for debt MFs tops target

The contribution from asset management companies (AMCs) has surpassed the Rs 3,000 crore target for the creation of a Rs 33,000 crore backstop facility for debt mutual funds (MFs). The initial corpus for the Corporate Debt Market Development Fund (CDMDF) is nearly Rs 3,100 crore, according to multiple government officials and AMC executives. "The fund is operational now. "The required corpus has been raised by AMCs and the remaining part (Rs 30,000 crore) is in the form of a guarantee from the government which will be activated only in case of a credit event," explained D P Singh, joint CEO and deputy MD, SBI MF.

Are you a rookie fund investor?

''No' vote could mean liquidation of securities'

'We know that returning money to unitholders at the earliest is the first and most important step towards resurrecting our brand and regaining investor trust.'

Time to Avoid Risky Bets in Soaring Markets

Instead of getting swayed by market gyrations, investors must stay invested for the long term, advises Sarbajeet K Sen.

'MFs better for wealth creation than insurance products'

Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.

Why Franklin-type fiascos will keep happening

'MFs acted as reckless lenders and not as prudent investors.' 'Clearly, how debt funds are being run is a systemic issue,' warns Debashis Basu.

Weekly report: Modi's victory puts stock market on steroids

The index gained 572 points, or 2.4 per cent, this week while the Nifty added 164 points, or 2.3 per cent

'Too many MF reforms have slowed down implementation'

The sector needs to move away from such concepts.

Sebi cracks down on new funds, asset managers chafe

The market regulator is wielding an unprecedented level of control over how mutual funds operate, delaying new launches and dictating investment strategy, frustrated insiders in the embattled industry say.

Mutual funds to buy now!

Wondering if mutual fund investments can earn you enough money for your retirement and child's marriage? Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.

Large cap and mid cap MFs you must buy!

If you want his advice on your mutual fund investments, please mail your questions to getahead@rediff.co.in with the subject line, 'Mutual Fund Query', along with your name, and Omkeshwar will offer his unbiased views.