Franklin Indian Multi Asset Allocation Fund will aim to generate long-term capital appreciation by investing in equities with a blend of growth and value strategies
Fund will invest in debt and money market instruments like non-convertible debentures, bonds, certificates of deposits, commercial papers, treasury bills, G-secs
The fund aims to provide capital growth to investors through a diversified portfolio of equities, fixed-income securities, and money market instruments
The total amount disbursed so far ranges between 84 per cent and 108 per cent of the respective reported AUM values of the 6 funds as of April 23, 2020
SBI Funds Management (SBI MF) will distribute the next tranche of Rs 2,489 crore to unitholders of Franklin Templeton Mutual Fund's six shuttered schemes in this week from Monday
The government may cut the reserve price of spectrum ahead of the 5G auction, given 63 per cent of spectrum remained unsold at this week's auction, CLSA said in its investor note
The court has given impetus to the principle that the domain of the trustees to unilaterally decide on winding up without declared confirmation by majority investors is non-negotiable
Sebi, the specialised regulator for the securities market, is best placed to handle any issues related to mutual fund investments, FT said in a note to unitholders
The PIL had been filed by an investor protection society in response to the abrupt winding up six debt schemes worth Rs 28,000 crore of assets under management by the fund house