News From Press Franklin investors to get ₹2,489 cr this week

Franklin investors to get ₹2,489 cr this week

The latest distribution comes on top of ₹9,122 crores distributed in February 2021 and ₹2,962 crores distributed in April 2021

Mint May 3, 2021

A letter from Franklin Templeton Mutual Fund to its distributors issued today announced that a sum of ₹2,488.75 crores will be distributed to unit holders of the 6 Franklin Templeton debt schemes that were wound up on 23rd April 2020. The latest distribution comes on top of ₹9,122 crores distributed in February 2021 and ₹2,962 crores distributed in April 2021. The Supreme Court appointed SBI Funds Management Pvt Ltd in February to oversee the distribution of proceeds and disposal of assets in the Franklin schemes.

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