9.Which mutual fund house announced that it has shut down six of its schemes owing to market disruptions amid Covid-19? [A] Nippon India Mutual Fund [B] Aditya Birla Sun Life Mutual Fund [C] Kotak Mahindra Mutual Fund [D] Franklin Templeton Mutual Fund Show Answer
Answer: [D] Franklin Templeton Mutual Fund Notes: One of the largest Asset Management companies in India, the Franklin Templeton Mutual Fund has recently announced to have shut down six of its funds owing to market disruptions amid Covid-19. The Association of National Exchange Members of India (ANMI) sought the intervention of the SEBI and Finance Ministry to protect investor capital in six mutual fund schemes. These funds collectively managed a corpus of over ₹25,000 crore.
