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Franklin Templeton Tag

Daily Market Analysis

Daily Market Analysis – 8th June 2021 (Mutual Funds)

byfintooJune 8, 2021

Franklin Templeton AMC slapped with a fine of 5 crore; Banned from launching new debt mutual funds The SEBI has banned Franklin Templeton AMC from launching debt schemes for the next two years. Rs 5 crore penalty has been levied for “several irregularities” in the running of its six debt schemes that were wound up in April 2020. The irregularities extend to failures to exercise adequate...

Daily Market Analysis

Daily Market Analysis – 25th Nov 2020

byLavish BhambhaniNovember 25, 2020

Is your money stuck in Franklin Templeton’s (FT)debt scheme? Well, guess what, there is still time before you can see your money. FT had moved to the Supreme Court against the Karnataka High Court Order. Lost money in the Karvy Fiasco? Good news – NSE has declared Karvy as a defaulter, paving the way for its clients of the troubled broking firm to make claims with the exchange...