What investors learnt from the Franklin fiasco
Synopsis
You never knew this would happen? Ever since Franklin Templeton shut its six debt schemes on April 23, 2020, investors have been asking the question or variations of it to their advisors, fund managers and media persons.
You never knew this would happen? Ever since Franklin Templeton shut its six debt schemes on April 23, 2020, investors have been asking the question or variations of it to their advisors, fund managers and media persons. Many of them simply can’t believe that nobody knew such a big fiasco is brewing in the mutual fund industry.
Is it true that some people knew this will happen beforehand? Well, not getting into the conspiracy theories, some