videos | IST

Rewind 2020: Tumultuous year for Mutual Fund industry

Mini

The year 2020 proved to be quite a dampener for mutual fund investors but it did begin on a high note with investors pouring in their savings, but the end of the year has only seen consistent outflows.

The year 2020 proved to be quite a dampener for mutual fund investors but it did begin on a high note with investors pouring in their savings, but the end of the year has only seen consistent outflows.
The main talk during 2020 revolved around Franklin Templeton, defaults, active versus passive and we all came to know what ESG stands for - Environmental, Social and Governance, new fund offers (NFOs) being sold in every nook and cranny - there were 115 and international exposure, which did very well as a theme.
So, what do we look forward to in 2021?
We look forward to the result of winding up vote of Franklin Templeton and the next vote to decide on the liquidation process that too is expected in January.
CNBC-TV18’s Sumaira Abidi has all the details; watch the video for more
next story

Market Movers

Currency

CompanyPriceChng%Chng