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  • News From Press Franklin Templeton's wound-up schemes receive Rs 1,500 crore in August

    Franklin Templeton's wound-up schemes receive Rs 1,500 crore in August

    With this, the total cash flow into these schemes since April 24, the day of suspension, has increased to Rs 6,486 crore
    BS Sep 4, 2020

    The six wound-up schemes of Franklin Templeton have received Rs 1,498 crore from maturities, prepayments and coupon payments in the last two weeks of August, the fund house has said.

    With this, the total cash flow into these schemes since April 24, the day of suspension, has increased to Rs 6,486 crore. Also, the India Low Duration Fund and the India Credit Risk Fund have repaid their outstanding borrowing and now have 5 per cent and 1 per cent cash of their respective assets under management (AUM).

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