Hundreds of investors in the six debt schemes of Franklin Templeton Mutual Fund that were wound up last month are in a limbo over the fate of their investments. While unitholders remain unclear about when they would get their money back, an outcome which many of them are yet to grasp is the possibility of losses.
Wealth advisers and mutual fund industry officials estimate that investors could end up taking a 20-30 per cent hit on what they have earned so far as Franklin’s recovery from ..
