This week on 23rd April, Franklin Templeton Mutual fund (one of the top 10) in India announced to close its 6 yield-oriented Credit funds. The announcement came sudden & surprised many. A large number of people now have questions in their mind, why did it happened & Is it still safe to continue investments in mutual funds. Let’s get some clarity, I have clubbed most commonly received questions after this announcement. Feel free to ask any other uncovered question. Questions: 1. What exactly are Equity, Debt & Credit risk funds? 2. Which Credit Funds got closed by Franklin Templeton? 3. Why Franklin Templeton choose to close those Credit funds? 4. Will investors get back their money? 5. Does this announcement affect any other Equity mutual funds run by Franklin Templeton? 6. Can such incident happen with other AMC’s (Fund house) credit fund as well? 7. Is it time to avoid Credit or Debt. mutual funds in current scenario, if yes -what is t...