Mutual Funds

Franklin Templeton has closed 6 debt funds – all you need to know

COVID-19 has created a first big impact in the Debt mutual funds space. Franklin Templeton had announced a closure of 6 of its debt funds. The closed funds are below: An investor cannot redeem any of the units from the date of closure. The official notification from the AMC is here. Franklin is one of …

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Mutual funds: Regular plan Vs Direct plan

 In 2013, SEBI introduced the Direct plan which are mutual funds which investors invest directly contacting the fund house. The intention of SEBI was to segregate the sales and distribution costs and charge these costs only to regular plans. So that direct plans will be free from these additional costs. Investors who invest in direct …

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