Debt, Hybrid Funds Advisors Blamed Franklin Fiasco for Seeing Large Outflows

Debt, Hybrid Funds Advisors Blamed Franklin Fiasco for Large Outflows in April 2020

The Franklin Templeton mutual fund fiasco seems to hit mutual funds very badly. Most debt mutual fund categories witnessed very huge outflows in the last month i.e., April 2020. The category hit very badly out of all is credit risk funds, which saw an outflow of Rs 19238.92 crore in April- data sourced by AMFI…