Investors in the closed debt schemes of Franklin Templeton Mutual Fund have something to smile about. The valuation of the segregated portfolios holding Vodafone Idea NCDs has been revised following “positive developments” for the company. Side pockets of five schemes hold Vodafone Idea NCDs worth about Rs 1,200 crore. These NCDs are maturing in September 2023 but were till now valued at zero as per Sebi rules.
The valuation committee has now valued them at 35% following “a series of p ..
