As the global economy goes into a tailspin and India’s growth rates nosedive, dirt from the mutual fund (MF) industry has been the first to hit the fan. On 23rd April, Franklin Templeton India Mutual Fund (FTIMF) announced the winding up of six debt schemes that collectively managed over...
By shutting down six debt schemes, Franklin Templeton Mutual Fund has created an air of anxiety for investors in mutual fund (MF) debt schemes. It is perhaps an unusual event; but it is a reminder to all of us.
Towards the end March, equity markets suffered a major crash due to the disruption in economic activities after the outbreak of COVID-19. Foreign portfolio investors (FPIs) pulled out an unprecedented sum from equities to move into safer assets.
The best three and the worst three mutual fund (MF) schemes over the past three years ranked by their quarterly rolling returns. Premium members get access to a more refined list of top schemes by logging into Moneylife Advisory