Franklin Templeton Mutual Fund (MF) on Wednesday said it has distributed about Rs 24,000 crore to unitholders of the 6 shuttered debt schemes. The fund house also stated that as on September 30, Rs 693 crore is available as cash for future disbursal.
In the letter to the investors, Sanjay Sapre, president, Franklin Templeton Asset Management (India), said that as of September 30, 2021, the 6 funds have already distributed Rs 23,999 crore to unitholders, representing 95 per cent of the aggregate reported assets under management (AUM) as of April 23, 2020, the day when the six schemes were wound up.