Top level exits continue at Franklin Templeton SECTIONS Share Synopsis Dastoor is said to be joining UTI Mutual Fund. UTI did not respond to an email query. His exit comes amid speculation that Franklin is seeing an exodus of employees, especially from the sales function. The industry chatter is that as many as 50 executives have left the asset manager. Getty Images Related Franklin Templeton Mutual Fund, one of the earliest overseas money managers to start operations in India, has seen a slew of executive departures in the past few months amid the regulatory and legal proceedings involving liquidation of its six debt schemes. The latest to exit the embattled mutual fund is its national sales director Peshotan Dastoor, who has quit after spending 13 years with the firm.