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  • News From Press Franklin Templeton Mutual Funds' six shut schemes generate Rs 438 crore

    Franklin Templeton Mutual Funds' six shut schemes generate Rs 438 crore

    The total cash flows received by the six shut schemes have gone up to Rs 8,741 crore since closing down of the schemes in April, the fund house said in a statement.
    The Economic Times Nov 4, 2020

    Franklin Templeton Mutual Fund has said its six shut schemes have received Rs 438 crore from maturities, pre-payments and coupon payments in the second half of October. This amount takes the total cash flows received to Rs 8,741 crore since closing down of the schemes in April, the fund house said in a statement. Franklin Templeton Mutual Fund had closed six debt mutual fund schemes on April 23, citing redemption pressures and lack of liquidity in the bond market.

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