The six suspended debt funds of Franklin Templeton India have received ₹1,218 crore in June from the investments made before these schemes ran into trouble. The fund house had to suspend fresh investment and redemption in the six debt schemes in April due to unprecedented redemption pressure. The UltraShort Bond Fund and the Short Term Income Fund have turned cash positive, following the cash inflow.
Health, life insurance premiums need a tax cut? GoM to meet on October 19
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