Franklin Templeton MF had announced winding up six yield-oriented, managed credit debt funds from April 23 last year, but nearly one year since then questions still surround the fund-house and its practices Read More
Cash available for distribution in the five cash positive schemes stands at Rs 1,370 cr
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Cash available for distribution in the five cash positive schemes stands at Rs 1,180 cr Read More
However, NAVs of all schemes were higher vis-à-vis their respective NAVs on April 23, 2020, the fateful date on which the winding up decision was taken Read More
The top court also upheld results of the e-voting done by unitholders to seek approval of the unitholders, for or against the winding up Read More
Franklin Ultra Short Bond investors will get Rs 5,075 crore, followed by Rs 1,625 crore for Franklin Low Duration, and Rs 1026 cr for Franklin India Dynamic Accrual Read More
The combined AUM of the six schemes has increased from Rs 25,648 crore on April 23, 2020 to Rs 26,414 crore as on January 29, 2021 Read More
Five schemes have from 9-63% cash in. SBI Mutual Fund to carry out the disbursement Read More
The six debt funds proposed to be wound up by Franklin Templeton MF have collected Rs 602 crore in Jan. 16 to 29 period, almost 10% less than Rs 669 crore collected in the previous fortnight. Over the latest fortnight (January 16 – 29), these schemes received Rs 350 crore as pre-payments. The 6 schemes […] Read More
Over 96% of unit holders vote in favour. Supreme court will next meet on January 25 to give directions on how the investors in the schemes should be paid back Read More
