Six shut debt MF schemes distributed Rs 14,572 cr till May: Franklin
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Last Updated: Jun 03, 2021, 01:35 AM IST
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Synopsis Franklin Templeton Mutual Fund (MF) on Wednesday said its six shuttered debt schemes distributed ₹14,572 crore to investors till May-end. Further, cash to the tune of ₹2,642 crore was available for distribution as of May 31, Franklin Templeton MF said in a statement.
Franklin Templeton Mutual Fund (MF) on Wednesday said its six shuttered debt schemes distributed ₹14,572 crore to investors till May-end. Further, cash to the tune of ₹2,642 crore was available for distribution as of May 31, Franklin Templeton MF said in a statement. The fund house shut its six debt mutual fund schemes in April 2020 citing redemption pressures and lack of liquidity in the bond market.
Investors of Franklin Templeton s shut schemes to get Rs2,489 cr more
IANS
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The unitholders of the six shut schemes of Franklin Templeton Mutual Fund will get Rs2,488.75 crore in the week starting Monday, May 3.
This will be the third tranche of disbursement for the investors after the distribution of Rs9,122 crore across five schemes in February and Rs2,962 crore last month.
We are pleased to now inform you that SBI Funds Management Pvt Ltd (SBI MF) would be distributing the next tranche of Rs2,488.75 crore to unitholders across all six schemes. The payment to all investors whose accounts are KYC compliant with all details available will be made during the week of 3 May 2021, a company spokesperson said.
Six suspended Franklin Templeton debt schemes to pay ₹ 2,489 crore this week
May 03, 2021
These schemes so far have distributed ₹12,084 crore in last two tranches Investors in six suspended schemes of Franklin Templeton will receive ₹ 2,489 crore as part of third tranche of payment this week.
So far, these schemes have distributed ₹12,084 crore in last two tranches. We are pleased to inform you that SBI Funds Management would be distributing the next tranche of ₹ 2,488.75 crore to unitholders across all six schemes, Franklin Templeton told distributors.
The payment will be made to all investors whose accounts are KYC compliant with all details during the week of May 3, it added.
Investors of Franklin Templeton s shut schemes to get Rs 2,489 cr more
Franklin Templeton s schemes shut after the distribution of Rs 9,122 crore
By IANS
May 3, 2021 10:34 IST
The unitholders of the six shut schemes of Franklin Templeton Mutual Fund will get Rs 2,488.75 crore in the week starting Monday, May 3. This will be the third tranche of disbursement for the investors after the distribution of Rs 9,122 crore across five schemes in February and Rs 2,962 crore last month. We are pleased to now inform you that SBI Funds Management Pvt Ltd (SBI MF) would be distributing the next tranche of Rs 2,488.75 crore to unitholders across all six schemes. The payment to all investors whose accounts are KYC compliant with all details available will be made during the week of 3 May 2021, a company spokesperson said.
Franklin Templeton beneficiaries to receive Rs 2,489 cr in next tranche this week
Franklin Templeton MF shut its six debt mutual fund schemes in April, 2020 citing redemption pressures and lack of liquidity in the bond market
SBI Funds Management (SBI MF) will distribute the next tranche of Rs 2,489 crore to unitholders of Franklin Templeton Mutual Fund s six shuttered schemes in this week from Monday. SBI MF has already distributed Rs 12,084 crore to investors. This included Rs 2,962 crore distributed during the week of April 12. We are pleased to now inform you that SBI Funds Management Pvt Ltd (SBI MF) would be distributing the next tranche of Rs 2,488.75 crore to unitholders across all six schemes. The payment to all investors whose accounts are KYC compliant with all details available will be made during the week of May 3, 2021, a Franklin Templeton MF spokesperson said on Sunday.