February-end fortnightly collections for 6 Franklin debt funds at Rs 475 cr
Cash available for distribution in the five cash positive schemes stands at Rs 1,180 crRead More
Tag: Franklin Templeton
Fortnightly collections for 6 Franklin debt funds drop by 70%
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 takenRead More
SC dismisses objections to Franklin’s debt scheme wind up; upholds e-vote
The top court also upheld results of the e-voting done by unitholders to seek approval of the unitholders, for or against the winding upRead More
Franklin MF to pay back Rs 9,122 cr to debt fund investors in the week of Feb 15
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
Franklin debt funds wind up: NAV in 5 out of 6 schemes higher since April
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, 2021Read More
SC orders Franklin to pay back debt investors Rs 9,122 cr in 20 days
Five schemes have from 9-63% cash in. SBI Mutual Fund to carry out the disbursementRead More
6 Franklin Templeton debt funds collect Rs 602 cr in Jan 16-29 period
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
Franklin gets ‘yes’ vote for winding up the six debt MFs
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 backRead More
Franklin case: Redemptions stayed till 3rd week of Jan, observer to monitor voting, result in sealed envelope
Even as the Trustee of Franklin Templeton Mutual Fund in India prepared to approach unitholders to seek consent for the orderly winding up of the six fixed income schemes, the Supreme Court in an interim order has provided further Read More
Sanjay Sapre, President, Franklin, updates on SC hearing on debt funds
I had shared an update with you about our decision to file a special leave petition before the Hon’ble Supreme Court to ensure appropriate implementation of the law in the best interest of unitholders.Read More
