Such an extreme step has created panic among their investors as well as mutual fund investors in other debt schemes across AMCs, says ANMI Mumbai: The Association of National Exchange Members of India (ANMI), a brokers industry body, on Friday sought the intervention of the securities market regulator Sebi and the ministry of finance to protect investor capital in six mutual fund schemes that Franklin Templeton Mutual Fund (FTMF) is shutting down.

Late on Thursday evening, Franklin Templeton announced that it is closing six debt schemes due to severe market dislocations and illiquidity on account of Covid-19 and unprecedented redemption pressure from investors.

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Olympic ski jumpers slam officials after 5 female skiers get disqualified over outfits

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Covid-19 impact: Franklin Templeton shuts down 6 yield oriented credit funds

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United States	Cases: 46 252 513 Deaths: 750 423 Recovered: 0
India	Cases: 34 321 025 Deaths: 459 652 Recovered: 0
Brazil	Cases: 21 835 785 Deaths: 608 235 Recovered: 0
United Kingdom	Cases: 9 215 683 Deaths: 141 607 Recovered: 0
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Brokers body seeks Sebi, FinMin intervention as Franklin closes 6 MF schemes

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