News From Press Franklin Templeton case: Supreme Court orders next round of payment of ₹684 cr

Franklin Templeton case: Supreme Court orders next round of payment of ₹684 cr

Source: Mint Aug 4, 2022

The Supreme Court of India, on Wednesday, ordered the next round of payment of ₹684 crore to the unitholders of the wound-up Franklin Templeton schemes.

In April 2020, Franklin Templeton Mutual Fund announced the winding of six debt schemes-- Franklin India Low Duration, Franklin India Dynamic Accrual, Franklin India Credit Risk, Franklin India Short Term Income Plan, Franklin India Ultra Short Bond Fund and Franklin India Income Opportunities Fund.

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