Taking Stock: Franklin Templeton fund fiasco hit D-St; Sensex down by 500 points

Episode 2444,   Apr 24, 2020, 12:28 PM

Indian markets two-day winning streak on Friday and closed in the red tracking weak global cues, and the winding up of six credit risk fixed income schemes from Franklin Templeton Mutual Fund weighed on sentiment.  
 
 The assets under management (AUM) of these six schemes constitute less than 1.4 percent of the Indian Mutual Fund Industry’s aggregate AUM as on March 31, 2020.