Franklin Templeton Mutual Fund announces first debt fund since 2020 fiasco

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Since then, investors have been paid the total amount against their units.

Back in 2020, the decision to close the six schemes, with assets of over Rs 25,000 crore, was triggered by a shadow banking crisis coupled with tight liquidity conditions during the pandemic.

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Category: BusinessFinance

Markets: IndiaMacau

Topics: Stock markets Franklin Templeton Mutual Fund Indian markets Debt funds

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-16 @ 17:51:02 (7 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 295 words

Reading Time: 2 minutes read

Sentences: 10 lines

Sentence Length: 30 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 22100463

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