Asset management

After uncovering the details under a forensic audit report, Franklin Templeton Asset Management Company (AMC) and its trustees received a show-cause notice from SEBI. Reportedly, forced to shut six debt schemes owing to financial pressure, the regulator alleged the company of not protecting investor's rights. Besides, SEBI barred the company from the securities market. Currently, the Supreme Court has directed SBI mutual fund to liquidate the… read-more