“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 […]
[Debt Funds] No credit risk, please!
Investors in debt mutual funds have had a rough last couple of years. As credit risk surfaced in debt funds, starting with the ILFS fiasco to the latest Vodafone Idea story, funds shaved off not only the gains but also the principal amount, sending investors into panic mode. Now you could be someone who has […]
[Update] Franklin India Ultra Short Bond Fund – Vodafone Idea Impact
If you are an investor in the Franklin India Ultra Short Bond Fund, here is an update from the fund house you should note. This is to inform you that in accordance with SEBI regulation on creation of segregated portfolios (side pocketing), we have received Board of Trustees approval to create a segregated portfolio in […]