PrimeInvestor - Articles and Reports

Justice
Mutual funds & ETFs
Vidya Bala

Franklin Investors โ€“ Neither the regulator nor regulated entity to your rescue. Itโ€™s the Court!

Now, with Franklin India AMC facing multiple lawsuits on the manner of winding up its six debt funds โ€“ the saga has taken a new turn.
โ€ข Lawsuits by unitholders against Franklin bring to light the fact that the rights of unitholders under SEBI regulations are ambiguous. It cannot simply be assumed that unitholders rights are limited to simply voting for liquidating a fundโ€™s assets.
โ€ข In communicating with unitholders, Franklinโ€™s line of argument also comes across as somewhat high-handed.

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debt market
Mutual funds & ETFs
Vidya Bala

Debt lessons that you may not have learnt yet

If the recent events in the debt space brought to light the liquidity risk arising from lower rated papers, you probably havenโ€™t seen the unfolding of various kinds of risk since September 2018. In 2013, when duration became a risk on the back of rate hikes, money flowed copiously to credit risk over the next 5 years. Now, the cycle has turned. Money is moving to duration from credit risk.

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covid pakcage
General
Vidya Bala

Covid package: whatโ€™s in it for your investments?

With the Finance Ministerโ€™s 5th economic package announcement being released even as we write this, the break-up for the Rs 20.97 lakh crore package is out. There can be many chapters to write about each of these packages and what they seek to achieve.

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rebalance
General
Vidya Bala

How to rebalance your portfolio

In February, we had provided some do-it-yourself guidelines on maintaining a long-term portfolio. Many of you appreciated it and said you found it useful. Please

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Are debt funds confusing?
Mutual funds & ETFs
Vidya Bala

Prime QA: Is my fund facing redemption pressure?

Question
I have invested some money into Franklin Savings.
I was going through the fund disclosure for the month of March 2020 and saw negative cash balance. Does this mean they have borrowed to honour redemptions?

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credit risk
Mutual funds & ETFs
Vidya Bala

Franklin funds are winding up. Will you get your money back?

Franklin India AMC has announced that it is winding up 6 of its schemes โ€“ Franklin India Ultra Short Bond, Franklin India Short Term Income, Franklin India Dynamic Accrual, Franklin India Credit Risk, Franklin India Low Duration Fund and Franklin India Income Opportunities Fund. These are some of the most popular funds managed by the AMC.

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