Year 2018 has been an action full year for mutual funds – the fund houses as well as investors. For the industry and the fund houses, it was all about size and volume. Assets under Management or AUM reached the highest at Rs. 24 lakh crores and the markets peaked, with more of you putting money […]
SBI Mutual Fund, like other mutual funds, has announced its scheme rationalisation and categorisation as per SEBI circular. While SEBI thought that as a result of the rationalisation of schemes, several schemes would be merged and go away, the AMCs have done some fine act and ended up retaining almost all of their schemes in […]
Franklin Templeton MF has also announced changes to its mutual fund schemes to align with the SEBI Circular on scheme categorisation and rationalisation. Here are the details. Interestingly, Franklin Templeton has retained almost all its schemes by pushing them into one category or other. This is what they have done.
Following the SEBI circular, Sundaram Mutual Fund has announced the changes in the scheme names and categories, if any. Here is a touch down. To know about the SEBI circular and what changes it has asked Mutual Fund houses to make, click here. I found the Sundaram’s communication to be most proper. They have clearly […]
I received an email from Franklin Templeton India about their debt fund schemes – a reckoner of sorts. Frankly, I was expecting information on their scheme rationalisation. Looks like they need more time. Anyways, here’s how I see the schemes change after the AMC implements SEBI’s circular for scheme rationalisation. So, this is what I did.
In Part 1, we noted that SEBI has now defined 16 categories for debt mutual funds hoping that it will allow retail investors like you and me to be able to select debt mutual funds with more ease. I believe the new classification will do the job to some extent. The number of funds (in […]