Home / Markets / News / Franklin Templeton MF's six shut schemes get Rs 941 cr in fortnight

Franklin Templeton MF's six shut schemes get Rs 941 cr in fortnight

This amount includes Rs 814 crore received as pre-payments and takes the total cash flows received till date since April 24, 2020 to Rs 9,682 crore

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Franklin Templeton Mutual Fund had shut six of its debt mutual fund schemes on April 23

2 min read Last Updated : Nov 18 2020 | 11:57 PM IST

Franklin Templeton Mutual Fund (MF) said on Wednesday that six of its debt schemes that are being wound up received Rs 941 crore from maturities, pre-payments and coupon payments between October 30 and November 13.

This amount includes Rs 814 crore received as pre-payments and takes the total cash flows received since April 24 to Rs 9,682 crore.

The cash available stood at Rs 5,952 crore as of November 13 for the four cash positive schemes, subject to fund running expenses. Individually, Franklin India Ultra Short Bond Fund, Franklin India Low Duration Fund, Franklin India Dynamic Accrual Fund, and Franklin India Credit

Topics : Franklin Templeton

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