The announcements made in Budget 2021 has made bond markets a little nervous. They reacted by pushing G-sec yields a bit higher. How does that impact choice of debt funds post Budget? Several observers believe that the first step may have been taken towards a rise in interest rates. Though when will it truly materialise, […]
Latest Updates: Franklin India Ultra Short Bond Fund Winding up
***Update as on August 10, 2022: The fund has now returned all the money to the investors and is closed. Update as on April 9, 2021: Yet another tranche of money amount to 28.42% of the value as of April 9, 2021 was transferred to the investors and an equivalent amounts of units were extinguished. […]
New SEBI guidelines for risk scoring mutual funds
“Never let a crisis go waste”. SEBI has taken this adage seriously and come out with a comprehensive set of guidelines to communicate risk associated with mutual fund schemes. Remember the image below. This is a RiskOMeter. You see it as a part of your mutual fund scheme factsheet. The unfortunate part is that no […]
Quantum Dynamic Bond Fund – Does it have a place in your portfolio?
One of the rudest realisations of year 2020 has been how credit risks in debt funds can come to bite. Now, investors ask, “no equity, no credit risk, give me a safe tax efficient investment option.” In this context, we explore the Quantum Dynamic Bond Fund and if you should prefer it over the RBI […]
FT Update: Payout from Segregated Portfolio – Vodafone Idea 8.25%
Post the Supreme Court Order upholding the winding up of schemes, the cash distribution has started to the unitholders. To read about the payout from the main scheme in Feb 2021, click here. If you are an investor in one of the Franklin Templeton schemes that are in the process of winding up, you have […]
5 questions about debt funds
Over the past week, I have received several questions about debt funds. I am reproducing a few here for your benefit and learning. #1 What is the difference between debt funds and liquid funds? Debt / Fixed Income is an umbrella category / asset class just as equity is. Now within equity, you have large, mid, […]
