Senior citizens cry foul, say Franklin Templeton fiasco robbed them of an unperturbed retired life

After falling prey to the infamous Karvy Stock Broking scandal in 2019, Ashok Ghose, a senior citizen from Pune, was feeling lucky in April this year when he received his shares back after months of efforts. “I had managed to get my corpus back by tweeting and making a noise and getting in touch with Mr Parthasarathy of Karvy Group. Somehow, he took pity on me and I got my shares back on April 20,” Ashok Ghose told Financial Express Online. Little did he know that a few days later, he would find himself in the middle of another unprecedented financial event — Franklin Templeton shutting its six debt mutual fund schemes.

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