A holistic approach for bond funds in India4 min read 29 Apr 2020, 03:28 PM IST
The suspension of the Franklin Templeton funds has focused attention on the gaps in the functioning and regulation of bond funds.
Sebi needs to plug these urgently as these funds are an integral part of the financing and investment chain of our economy.
The recent suspension of six bond funds of Franklin Templeton Mutual Fund has shocked the investment community. There has been a lot of public discussion on its impact on the sentiment of investors in these schemes as well as other bond funds. This is also a time to reflect on how this happened. Trust and transparency must be the hallmarks of managing public money. We need to ask how the integrity and transparency of bond funds can be improved.
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