Supreme Court disposes Franklin Templeton MF’s scheme winding case

I doubt investors would ever get their full refunds. This all court drama seems to be a fixed match to keep retail investors hopeful (but actually hanging). The poor rated quality papers which FT bought for those closed down schemes will hardly be encashed / honoured (especially during this economic recession). I wonder where is the securitization / collateral that a fund manager is supposed to keep while directly giving loans to corporates. Why FT does not dispose off the collaterals and refund the money to the retail investors. ??? No body is raising this point.

Someone should br answerable , responsible , how such wrong decision was taken , what was the intention. Presently when investors will get money , hiw much money investers will get ,no one knows and tellls . Investors aged 78, 80 , can nit sustain this shock. What to do now ?

I would like to draw upon an inference here may be disliked by many and strong protest will come. Let me explain this. It is the simplest way for Investors and Distributors alike to throw entire blame on FT. Yes, they did wrong by investing in illiquid and under rated papers in funds like Ultra-Short term or Low Duration funds and to an extent in Short Term Opportunities fund. But there was I presume NO WRONG in choosing such papers in portfolios of INCOME OPPORTUNITIES, CREDIT RISK and DYNAMIC ACCRUAL FUNDS. As name suggests these schemes would bargain hunt best possible rates in the markets and comes with commensurate risk. What wen wrong actually is hard selling past returns in these schemes by battery of distributors and lapped up by investors of any age[ super senior citizens too]. What they failed to understand or paid attention to is the quality of each portfolios and risks attached to it. When we stick our neck out for that EXTRA RETURN away from the comforts of Fixed Deposit we hardly recognize the cardinal principle, HIGHER THE RISK , HIGHER THE RETURN. Now after Return chasing looks over we have everyone to blame - SEBI, RBI, GOI, FT[ both domestic or international parent]. One failed to acknowledge that the same FT with equally poor Equity returns for past few years have done splendid jobs in FT US Opportunities fund - FOF which generated double-digit returns for investors in rupee term. So going forward we need to understand our risk appetite first and then look for that EXTRA RETURN . This will not let us end up with helplessness and throwing tantrums.