After Franklin debt mutual funds winding up last week, many debt mutual funds investors are in a shock. Not just those whose money got stuck in one of the six closed Franklin funds. Even other investors are worried about their debt mutual fund investments. They do not want a Franklin like closure happening with any of their funds. And their fear is not justified. If they … [Read more...] about How to find if your Debt Mutual Fund Scheme is safe?
Franklin ultra short duration fund
Franklin winds up 6 Debt MF schemes: What does it mean?
Franklin Templeton AMC dropped a bomb yesterday. In a communication dated April 23, 2020, it notified that it is winding up 6 debt mutual fund schemes. Franklin Low Duration FundFranklin Dynamic Accrual FundFranklin Credit Risk FundFranklin Short Term IncomeFranklin Ultra Short BondFranklin Income Opportunities Fund These are very popular schemes. The combined … [Read more...] about Franklin winds up 6 Debt MF schemes: What does it mean?
Loss in Franklin Debt Mutual Funds: What should you do?
On January 17, 2020, many debt mutual fund investors with Franklin AMC woke up to a nasty surprise. NAVs of many popular debt mutual fund schemes from Franklin had gone down by 4-7%. Why did this happen? Many of Franklin debt mutual fund schemes held debt issued by Vodafone-Idea. What about Vodafone-Idea? On January 16, 2020, The Supreme Court of India dismissed the … [Read more...] about Loss in Franklin Debt Mutual Funds: What should you do?
