Franklin Templeton had abruptly closed down the six debt schemes handling Rs 26,000 crore of investor money on April 23 citing redemption pressure and lack of liquidity in the bond market.
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Mutual funds distributor platform BSE StAR MF registered a net inflow of Rs 1,488 crore in equity schemes in September amid market volatility, BSE said on Thursday. In contrast, the mutual fund (MF) industry witnessed Read more…
The Securities and Exchange Board of India (Sebi) has tightened rules on inter-scheme transfers (ISTs) in mutual fund schemes. The regulator said inter-scheme transfers for managing liquidity should only be taken after all other avenues Read more…
Equity mutual funds witnessed an outflow of Rs 734 crore in September, making it the third consecutive monthly withdrawal, mainly due to pull-out from multi-cap space. Besides, investors pulled out over Rs 51,900 crore from Read more…
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