Tag: NAV

Mutual Fund Tracker: September 2020

Equity MF saw a net outflow in the month of September (Rs.734 cr), for the third consecutive month, as investors preferred to continue booking profit in view of declining household cash-flows in prevailing uncertain economic environment. The sharp V-shaped recovery during last few months and change in the definition of multi-cap funds by SEBI are

Franklin Templeton Debt Fiasco

We have been flagging the risk involved in chasing the YTM without properly understanding the credit risk, interest rate risk, and liquidity risk associated with the papers owned by that particular fund, and today we stand vindicated. What really went wrong with the Pick of the Pack, where YTM obsessed investors always used to jump