Here I will try to give a perspective opinion of mine on this topic . As you all know we have been going through an unprecedented situation of the century due to COVID19.Till couple of months back nobody have ever thought the world will stand still for so many days where the entire world will go back to decades economic wise and has to restart. Now coming to Franklin , funds which got closed 1. Franklin Ultra Short Bond Fund – 0.62 years 2. Franklin Low Duration – 1.46 years 3. Franklin Income Opportunities – 2.55 years 4. Franklin Short Term Income – 2.75 years 5. Franklin Credit Risk Fund – 3.08 years 6. Franklin Dynamic Accrual Fund – 4.28 years What is the implication of this ? 1. Your money is locked now until AMC will make the payments. 2. You can not Purchase,redeem , SWP and STP any longer What is DEBT scheme ? Debt scheme are the schemes where MF/NPS/PMS/ take investor money and buy ...
The difficulty in finding a suitable fixed income product has increased ever since key interest rates were lowered by the Reserve Bank of India. Except for high yield options available only to senior citizens and minor daughters, there are very few products offering nearly 8% return per annum. Ideally then, we decided to search and compile a list of various fixed income products offering high interest rate. We have considered the maximum investment term for the product as five years, and excluded products available only to specific age groups. Also, the deposit amount required for investment is less than 2 crores. Here are the options: Post office and Government Sponsored Schemes Most government schemes tend to be long term, of more than five years. The returns, too, are fixed and low for investing for such a long period. Among the few short-term options, the returns barely touched 8%. However, these deposits come with a sovereign guarantee, which makes them safe f...