Sources said SBI Funds Management will distribute the proceeds to unitholders following liquidation of some securities held under the scheme.
Franklin Templeton Mutual Fund on Thursday said its six shut schemes have received Rs 11,907 crore from maturities, pre-payments and coupon payments since closing down in April. Franklin Templeton MF had shut six debt mutual fund schemes on April 23, citing redemption pressures and lack of liquidity in the bond market. The schemes -- Franklin India Low Duration Fund, Franklin India Dynamic Accrual Fund, Franklin India Credit Risk Fund, Franklin India Short Term Income Plan, Franklin India Ultra Short Bond Fund, and Franklin India Income Opportunities Fund -- together had an estimated Rs 25,000 crore as assets under management.
'The shifts in US involvement in global conflicts and geopolitical alliances could introduce uncertainties.'
The ED case follows the police complaint for alleged criminal conspiracy and defrauding investors.
Missy Franklin was the 17-year-old darling of American swimming in 2012, returning home from the London Olympics with four gold medals and being hailed as the sport's brightest young star.
Imagine transforming a modest Rs 10,000 monthly investment into a steady Rs 1 lakh monthly income in your retirement years. This is the power of compounding -- a strategy that rewards you for starting early and staying consistent with your investments, says Ramalingam Kalirajan.
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.
Despite its attempt at compounding the complexity of Arthur Fleck, watching Joker: Folie Deux is a slog, feels Deepa Gahlot.
All rounders James Franklin and Jacob Oram have been recalled to the New Zealand side after recovering from injuries, while uncapped opening batsman Tim McIntosh has been brought in for the Tests against West Indies. Franklin, who has not played international cricket since the 2007 World Cup as he recovered from knee surgery, has been in outstanding form in domestic cricket, scoring a double century and half century in three matches this season.
With a 'yes' vote, there is a more foreseeable outcome, while a 'no' could result in greater uncertainty, for which retail investors may not have the appetite.
'Investors looking at the next 6-12 months can be certain that the Fed will maintain its easing cycle, and we expect the overall environment to be conducive for fixed income investments for portfolio diversification.'
Learning Hinduism and reading the epics of Ramayana and Mahabharata have taken a chunk of Missy Franklin's time ever since the five-time Olympic gold-medallist swimmer announced a shock retirement in December last year.
Investors keen on mid and smallcap stocks but wary of volatility should consider multicap equity schemes over standalone midcap or smallcap schemes.
When evaluating bonds, returns shouldn't be the sole factor. Pay close attention to the bond's credit rating. It should ideally be AA or higher.
The search engine pays tribute to Rosalind Franklin best known as 'the woman who was not awarded the Nobel prize for the co-discovery of the structure of DNA'
'There are ominous portents of an isolationist administration not only building a physical wall to the south to prevent unwanted immigrants from entering the land of milk and honey, but also trade walls not just against China, but all nations,' foresees Sreekant Sambrani.
Summary of sports events and persons who made news on Thursday
They do not have encouraging results to show coming into the Test series against India but New Zealand all-rounder James Franklin is hoping that they will be able do well against the formidable hosts.
According to officials, Aman Preet Singh is among five people arrested as customers.
A strong influx of 11 equity new fund offers (NFOs) in June, particularly within the thematic space, helped mutual funds collect Rs 14,370 crore - the highest ever via such introductory offers. This surpassed the previous high recorded in July 2021, where four NFOs accumulated Rs 13,709 crore, with ICICI Prudential MF's flexicap NFO alone mobilising Rs 9,808 crore.
Sukanya Verma lists her recommendations for the week.
Germany's Sebastian Vettel, the youngest four-time Formula One world champion in history at 26, was named Laureus World Sportsman of the Year, US swimmer Missy Franklin, at 18, became the youngest ever winner of the Laureus World Sportswoman of the Year Award.
American teenager Missy Franklin became the first woman to win six golds at a single world championships when she helped the United States to victory in the 4x100 metres medley relay on Sunday.
All-rounder James Franklin will replace the injured Jacob Oram in New Zealand's Champions Trophy squad, the International Cricket Council said on Friday. Oram damaged his hamstring in training and missed New Zealand's opening match against hosts South Africa on Thursday when they lost by five wickets.
Images from the Olympics swimming action at the La Defense Arena, Paris, on Friday.
The New Zealand seamer took five for 44 off 17 overs, as the visitors slumped to 182 for eight at the end of the first day.
New Zealand reached 207 for 5 after James Franklin's hat-trick restricted Bangladesh to 177 on the second day of the first Test match.
State-run insurer LIC and private fund house Franklin Templeton have hiked their stake in Mukesh Ambani-led Reliance Industries by collectively buying about 23 lakh shares, currently worth an estimated Rs 200 crore (Rs 2 billion).
A superb rear-guard knock of 47 not out from James Franklin helped New Zealand pull off an improbable one-wicket victory against South Africa in the first one-day international on Saturday.
All-rounder James Franklin on Tuesday replaced the injured Hamish Bennett in New Zealand's squad for the remaining two Tests of the ongoing three-match series against India.
New Zealand all-rounder James Franklin has admitted that he has a 'mental block' against Indian spinners but they are hopeful of putting up a much better show in the coming days.
New Zealand have named all-rounder James Franklin along with big-hitting Jesse Ryder and paceman Andy McKay in a 14-man squad for the Blackcaps' three-match One-Day International series at home against South Africa starting on Saturday.
'Those satisfied with returns and not expecting further rally could be booking profits and also stopping SIPs.'
'Investors should do proper analysis before putting in their money in NFOs as most new launches are in the high-risk thematic space.'
Missy Franklin surprised herself by going second-quickest behind Australia's Cate Campbell with a personal best in the heats for the women's 100 metres freestyle on Thursday as the American teenager chases a fourth world championship gold of the week.