Vidya Bala, Author at PrimeInvestor

Mutual funds & ETFs

Franklin Investors – Neither the regulator nor regulated entity to your rescue. It’s the Court!

Now, with Franklin India AMC facing multiple lawsuits on the manner of winding up its six debt funds – the saga has taken a new turn.
• 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 fund’s assets.
• In communicating with unitholders, Franklin’s line of argument also comes across as somewhat high-handed.

Vidya Bala June 11, 2020 22 Comments

Mutual funds & ETFs

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 haven’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.

Vidya Bala May 31, 2020 11 Comments

Mutual funds & ETFs

Franklin funds – status and next steps to getting your money back

Franklin India came out with a communication dt. May 14, 2020 to its investors, on its 6 debt schemes to be wound up. The communication, after apologizing to investors, had the following key points.

Vidya Bala May 19, 2020 32 Comments

General

Covid package: what’s in it for your investments?

With the Finance Minister’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.

Vidya Bala May 18, 2020 5 Comments

General

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

Vidya Bala May 14, 2020 21 Comments

Mutual funds & ETFs

Evaluating debt funds – It’s not just about credit risk

Over the course of the last 2 weeks, following the Franklin debt funds’ fallout, many of you (our subscribers) have written to us seeking answers to a number of questions on the debt funds you hold.

Vidya Bala May 7, 2020 21 Comments

Mutual funds & ETFs

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?

Vidya Bala April 30, 2020 10 Comments

Mutual funds & ETFs

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 – 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.

Vidya Bala April 24, 2020 32 Comments

Markets

Prime Data Crunch: How deep is the nifty correction?

When you look at picking stocks, the future prospects of the stock, its valuation and fundamentals must play a large role. But in times such as the present crisis, none of these is complete without looking at the market correction itself. So, let’s take stock of where the correction stands and how it compares with the last rally seen.

Vidya Bala April 8, 2020 6 Comments

Mutual funds & ETFs

Prime Strategy: 3 funds to beat the low-interest rate regime

While you can still seek solace in small savings schemes, at this juncture select pockets of debt funds also offer opportunities for those with a minimum 2-3-year time frame. We have therefore crafted a portfolio of 3 funds for you to optimally take exposure to quality credit and gain from a rate fall.

Vidya Bala March 31, 2020 25 Comments

Mutual funds & ETFs

Prime Views: Why are liquid funds returns falling and where should you invest?

In tough times such as this, it is hard to see your investment value dwindling. And when that happens to your debt funds, it is even harder. We’ve had quite a few queries on whether it is safe now to park money in liquid funds and very short duration funds and whether it should be withdrawn.

Vidya Bala March 23, 2020 2 Comments

Markets

Prime Strategy: COVID-19, Crude and Capital effect: Where should you invest now?

Do you remember the last time that the Nifty fell over 500 points on a single day? Wondering if it was in 2008? No, because it never did in absolute value terms. That’s what makes March 9, 2020’s Nifty fall so scary.

Vidya Bala March 11, 2020 18 Comments

PrimeInvestor - Articles and Reports

Franklin Investors – Neither the regulator nor regulated entity to your rescue. It’s the Court!

Debt lessons that you may not have learnt yet

Franklin funds – status and next steps to getting your money back

Covid package: what’s in it for your investments?

How to rebalance your portfolio

Evaluating debt funds – It’s not just about credit risk

Prime QA: Is my fund facing redemption pressure?

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

Prime Data Crunch: How deep is the nifty correction?

Prime Strategy: 3 funds to beat the low-interest rate regime

Prime Views: Why are liquid funds returns falling and where should you invest?

Prime Strategy: COVID-19, Crude and Capital effect: Where should you invest now?

Become a PrimeInvestor!