Edelweiss Mutual Fund announced the launch of the Edelweiss Technology Fund. The scheme opened for public subscription on February 14, 2024, and will close on February 28, 2024.
Roshi Jain, Senior Fund Manager – Equities, is part of the new face of HDFC MF. Roshi believes that the medium- to long-term outlook for corporate India is robust. Rather than timing markets, she advises systematic investing.
After the latest payout, Franklin Templeton mutual fund pays off all the debts of- and extinguishes units in- five of six debt funds. This week, unit holders of Franklin India Credit Risk Fund and Franklin India Short Term Income Plan.These will get money back from the fund house. The six debt schemes that were wound-up in April 2020.
In the meeting with unitholders, Franklin Templeton denies allegations of favouritism to select investors
Unitholders asked trustees when they would get their money back and what could happen if schemes are re-opened for redemptions December 30, 2020 / 02:57 PM IST
The first meeting of the trustees and the unitholders of the six debt schemes that Franklin Templeton India was held on Tuesday. The fund house’s President, Sanjay Sapre, denied allegations that some investors may have withdrawn their money before redemptions were suspended. Sapre said that this was an allegation and there was no evidence supporting such a claim. “The redemption patterns don’t appear to indicate any difference in redemptions with respect to specific individuals or advisors,” he said. The meeting was held over video calls, as part of the four-day voting exercise.