Franklin Templeton Mutual Funds: Shut schemes of Franklin Templeton MF receive Rs 708 crore - News Summed Up

Franklin Templeton Mutual Funds: Shut schemes of Franklin Templeton MF receive Rs 708 crore


DG 10 hours agoApprox 5,000 crores in income from 30,000 Cr assets in less than 6 months. I'm sure some of the corporate debt will go bad after the moratarium is over. But looks like investors will indeed get most of the money back because the MF took the extreme step of locking down the schemes. This experience also shows us the need for a quick buyer of last resort in the system. It will need strong risk management and long term funding that does not run away at the sign of trouble in the markets.


Source: Economic Times August 17, 2020 10:54 UTC



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