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  • News From Press Franklin Templeton's shut schemes have Rs 231 cr cash for distribution to unitholders: Sapre

    Franklin Templeton's shut schemes have Rs 231 cr cash for distribution to unitholders: Sapre

    Source: Economic Times Apr 5, 2022

    Franklin Templeton Mutual Fund on Monday said its six shut debt schemes have Rs 231.13 crore of cash available for distribution to unitholders of the schemes.

    So far, the fund house has distributed Rs 26,098 crore to the investors across the six schemes, amounting to 103.50 per cent of the asset under management (AUM) as on April 23, 2020, when it announced shutting down of the schemes, Franklin Templeton Asset Management (India) Pvt Ltd President Sanjay Sapre said in a letter to the investors.

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