Budget 2020

Franklin Templeton mutual fund: Franklin Templeton MF’s six shut schemes generate Rs 13,789 cr since closure

Franklin Templeton Mutual Fund on Sunday said its six shut schemes have received Rs 13,789 crore from maturities, pre-payments and coupon payments since closing down in April. Franklin Templeton MF shut six debt mutual fund schemes on April 23, 2020 citing redemption pressures and lack of liquidity in the bond market. The schemes — Franklin […]

Budget 2020

As FIIs send stocks to dizzying valuations, local investors book profits in equity MFs for sixth straight month

It was Christmas time, and Santa seemed rather generous this year – to stockholders. As foreign funds kept pouring into India, sending stocks to dizzying valuations, local investors decided to book some profits. So, they told equity mutual funds worth Rs 10,147 crore in December. This figure is lower than November’ s Rs 12,919 crore […]

Budget 2020

Equity MFs log ₹10,147-cr. outflow in Dec.

Equity mutual funds (MFs) witnessed a massive outflow of ₹10,147 crore in December, making it the sixth consecutive monthly withdrawal, even as the industry’s asset base surged to an all-time high of over ₹31 lakh crore. However, investors put in ₹13,863 crore in debt MFs last month as compared to ₹44,984 crore in November, data […]

Budget 2020

Equity MFs see outflows for sixth month in a row as investors withdraw Rs 10,000 cr in Dec

NEW DELHI: Mutual fund investors continued to withdraw massive amounts in December, extending net outflows to the sixth straight month as they booked profits instead of staying invested, even as the market continued to form record highs. Amfi data released for the month of December said investors withdrew a net Rs 10,147.12 crore, lower than […]

Budget 2020

Franklin Templeton mutual funds: Franklin Templeton MF’s six shut schemes garner Rs 941 crore in a fortnight

Franklin Templeton Mutual Fund on Wednesday said its six shut schemes have received Rs 941 crore from maturities, prepayments and coupon payments in a fortnight. Franklin Templeton Mutual Fund shut six debt mutual fund schemes on April 23, citing redemption pressure and lack of liquidity in the bond market. The six schemes received Rs 941 […]

Budget 2020

Debt MFs log outflow for 2nd consecutive month in Sep on withdrawal from liquid funds

NEW DELHI: Debt-oriented mutual fund schemes witnessed a net outflow of over Rs 51,900 crore in September, making it the second consecutive monthly withdrawal, largely on the back of a massive pullout from liquid category. Morningstar India Associate Director – Manager Research Himanshu Srivastava said investors are focusing on fixed income categories having relatively shorter […]

Budget 2020

Franklin Templeton MF’s six shut schemes generate Rs 8,262 cr since closure

Franklin Templeton Mutual Fund said its six shut schemes have received Rs 8,262 crore from maturities, pre-payments and coupon payments since closing down in April. The schemes have received Rs 1,078 crore during September 1-15. This takes the total cash flows received till date since April 24 to Rs 8,262 crore, Franklin Templeton MF said […]