Debt fund fiasco starts hurting Franklin Templeton MF; AAUM falls sharply in April-June quarter
Debt fund fiasco starts hurting Franklin Templeton MF; AAUM falls sharply in April-June quarter
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Mutual fund investors seem to be disenchanted with Franklin Templeton Mutual Fund. The fund house that faced investors’ wrath after it shut its six debt mutual fund schemes on April 23, saw its average assets under management or AAUMfalling drastically in the April-June quarter. Apart from debt schemes, Investors also seem to be pulling money out even from the equity schemes managed by…
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