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So, you want to be a debt-fund investor? This game is tricky and the rules foxy.

Debt funds used to be boring. Equity funds were the flamboyant ones, seeking all the attention. Now if equity underperforms, debt ups the ante by refusing redemptions.
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pravin
5 Jun 2020 1 Mins Read 0 comment
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On April 2, Franklin Templeton Mutual Fund closed six funds which had assets worth INR28,000 crore under management. This was a major blow to investors because many of them were from the retail segment. Why did this event come to take place? To know better, we need to understand the evolution of debt funds — specifically the credit-risk funds
2. Franklin has invested the FoF money in credit funds. Result: falling NAVs, rising risks. 3. Charisma, cockiness, collapse: how Franklin Templeton’s high roller Santosh Kamath skid on his bets. Also, Rajiv Shastri has written a six-part series for ET Prime on India’s debt market and why it needs an overhaul. You can read the entire collection here.
On April 2, Franklin Templeton Mutual Fund closed six funds which had assets worth INR28,000 crore under management. This was a major blow to investors because many of them were from the retail segment. Why did this event come to take place? To know better, we need to understand the evolution of debt funds — specifically the credit-risk funds 2. Franklin has invested the FoF money in credit funds. Result: falling NAVs, rising risks. 3. Charisma, cockiness, collapse: how Franklin Templeton’s high roller Santosh Kamath skid on his bets. Also, Rajiv Shastri has written a six-part series for ET Prime on India’s debt market and why it needs an overhaul. You can read the entire collection here.

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