Justice
Mutual funds & ETFs
Vidya Bala

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.

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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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