Franklin Templeton Mutual Fund expects to receive over 6,000 crore in its six shut debt schemes on account of coupon receipts, prepayment by issuers and maturity of papers, said the fund’s chief investment officer Santosh Kamath. In an audio message to investors — his first communication after the debt scheme fiasco late in April, Kamath said the schemes will aim to sell the securities in the secondary market at an ‘optimal cost’, provided market conditions improve.
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