An age-wise analysis of SIP accounts for December points out that of the 34.7 million SIP accounts, 31.84 per cent are for less than a year only, with another 21 per cent run for a time frame of 1-2 years. Only 7.67 per cent of SIP accounts continue for more than 5 years.
An age-wise analysis of SIP accounts for December points out that of the 34.7 million SIP accounts, 31.84 per cent are for less than a year only, with another 21 per cent run for a time frame of 1-2 years. Only 7.67 per cent of SIP accounts continue for more than 5 years.
Returning unitholders money: The first of many steps needed for Franklin Templeton s image makeover
Franklin Templeton also faces the uphill task of getting its equity funds back in the reckoning January 29, 2021 / 02:19 PM IST
Templeton India Growth Fund will complete 25 years later this year. It was the first mutual fund scheme rolled out by Franklin Templeton Mutual Fund (FT MF) when the fund house set shop in India in 1996. But the celebrations are bound to be muted on account of another anniversary – it will be one year in April since the fund house decided to wind up six of its debt schemes.
A new Hackensack Meridian Health study shows that people with mild symptoms of COVID-19 may be helped by a controversial drug that had been widely used in the early days of the pandemic before several studies questioned its benefits and safety.
The recently published study looked at a group of people treated as outpatients last year and found that those who received an anti-inflammatory drug, hydroxychloroquine, which is often used for malaria, were significantly less likely to end up in the hospital. Doctors who conducted the study say the findings suggest that it should be tested further. We make it clear we can t recommend it to be given, said Andrew Ip, a lymphoma physician and director of the Division of Outcomes and Value Research at the
Typically, ELSS funds are flexi-cap funds. It means these funds have the flexibility to invest in companies of all sizes (based on market capitalisation) without any restriction on any sector.