The Franklin India Ultra Short Bond Fund had available cash of Rs 5,075.39 as of January 15 and Franklin India Low Duration Fund, Short Term Income Fund, Credit Risk Fund and Dynamic Accrual Fund had cash of Rs 1,625.36 crore, Rs 469.24 crore, Rs 926.15 crore and Rs 1,025.45 crore, totalling Rs 9,121.59 crore, as per the letter by Franklin Templeton Asset Management (India) Pvt Ltd s President, Sanjay Sapre to the investors.
In relief to unit holders of the shut schemes of Franklin Templeton India, SEBI Funds Management Pvt Ltd will distribute the available cash of Rs 9,122 crore in the funds, as of January 15, among them in the coming week.The Franklin India Ultra .