News From Press Franklin Templeton transfers distributors fees to investors in 6 suspended debt schemes

Franklin Templeton transfers distributors fees to investors in 6 suspended debt schemes

Source: BL Mar 28, 2022

Franklin Templeton has transferred ₹78 crore of distributors commission accrued in the six suspended debt schemes to the investors as per the directives of market regulator Securities and Exchange Board of India (SEBI).

The distributors’ commission between April 24, 2020 and March 17, 2021 was transferred to Supreme Court-appointed official liquidator SBI Funds Management.

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