Franklin Templeton investors to get ₹2,000 cr next month
April 25, 2021
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The six suspended debt schemes of Franklin Templeton have received ₹1,536 crore from maturities, coupons, sale of asset and prepayments in the fortnight ended April 15
Franklin Templeton is preparing to distribute the third tranche of payment of over ₹2,000 crore early next month. Inflows into the schemes have started increasing with the Supreme Court-appointed liquidator, SBI Funds Management, starting to sell the assets held in the six suspended debt funds.
Investors in Franklin Templeton Ultra Short Bond, Dynamic Bond and Income Opportunity funds will receive about ₹2,000 crore by the end of this month, sources said.