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Low Duration Fund investors set to recoup 81 per cent of their investment ; Ultra Short Bond Fund and the Low Duration Fund should be able to encash all their assets by April 2025
India Business News: Investors in all the six debt schemes of Franklin Templeton Mutual Fund that are in the process of being closed down are set to get another Rs 2,962 c
Six Franklin Templeton schemes receive ₹475 cr February 28, 2021 × The six debt schemes of Franklin Templeton India received ₹475 crore from maturities, coupons and prepayments in the fortnight ended February 26. The total inflow into these schemes stands at ₹15,048 crore since April 23, when the debt funds were suspended abruptly for investment and redemption. As per the Supreme Court direction, SBI Funds Management has distributed ₹9,122 crore available in the five of the six cash-positive schemes. The remaining ₹1,180 crore will be distributed in tranches without waiting for l...
Asian markets open on a negative note Wednesday, as investors juggle the prospects for an economic comeback and additional stimulus with continued pandemic concerns.
After a wait of more than 10 months, investors in five of the six shuttered debt schemes of Franklin Templeton Mutual Fund received a portion of their money on Tuesday, which was lying as cash in these schemes.