Contingency Fee In India In Franklin
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Franklin Templeton is one of the popular AMCs in India recognised by SEBI. As a governing body, SEBI monitors every trade that happens through these mutual funds to protect investors' interests.
Franklin Templeton is laying off 3% of its personnel after months of outflows from its bond subsidiary Western Asset Management (WAM). The layoffs will be across departments and regions globally, impacting about 300 of its 10,000-strong workforce, a spokesperson confirmed to Citywire.
In April 2020, Franklin Templeton MF unilaterally decided to suspend investment and redemption in six of its debt schemes with assets under management of ₹25,215 crore due to a liquidity crisis in the debt market amid the Covid pandemic breakout.
Investor Services The difficult decision was taken because the markets had become illiquid due to the severe impact of COVID-19. The sole objective of this decision was to safeguard value for our investors.
Avinash Satwalekar - CEO at Franklin Templeton Mutual Fund.
The company was founded in 1947 in New York by Rupert H. (Harris) Johnson Sr. (1900–1989), who ran a successful retail brokerage firm from an office on Wall Street. He named the company for American polymath Benjamin Franklin because Franklin espoused frugality and prudence when it came to saving and investing.
Franklin Templeton mutual funds offer a range of benefits and risks for investors. While diversification, professional management, and flexibility are among the benefits, market risk, management risk, and fees are among the potential downsides.
$25 investment minimum per fund.
Why Choose Franklin Templeton? Over the past decade, Franklin Templeton has transformed into one of the world's largest asset managers built on a foundation of close partnerships with our clients and meeting their need for expertise across every major asset class in both public and private markets.
Best Franklin Mutual Funds Fund NameAUM1 Yr Return Franklin India Prima Fund Direct Growth ₹11656 Cr 9.70% Templeton India Value Fund Direct Growth ₹2107 Cr 1.63% Templeton India Equity Income Fund Direct Growth ₹2341 Cr 3.56% Franklin India ELSS Tax Saver Fund Direct Growth ₹6438 Cr 5.55%13 more rows
