Reserve Bank of India (RBI) on 27 April 2020 announced special liquidity facility of Rs 50000 crore for mutual funds. The announcement is aimed at providing liquidity to the mutual funds which are stuck with low rated bonds. On 23 April 2020, Franklin Templeton Asset Management Company Limited announced plan to wide up its six bond fund schemes, which were
Read moreMorgan Housel of Collaborative Fund has written an amazing post titled ‘What’s different this time?’ Modern medicine, vaccines and progress in all walks of life has ensured that the occurrence of pandemic is seen as a low probability event. The statistics over last one century has made it clear that the mortality rate has fallen for the American population getting
Read moreHappy Reading and Happy New Financial Year.
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the PPF is the best fixed income investment given the sovereign guarantee it comes with and tax exempt nature of interest income it offers.
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