Bulk maturities for 3 Franklin Templeton MF schemes after 2 years

Investors exposed to dynamic accrual fund can see shorter timeframe, as 45% of the assets are maturing within two years

Investors in the six wound-up schemes of Franklin Templeton Mutual Fund (MF) can face wide differences in timelines on receiving payments through maturities of portfolio investments, with the bulk of maturities for three schemes expected in two years’ time.   

However, the fund house will be able to shorten repayment timelines for investors if it can sell the underlying securities at appropriate valuations, as soon as normalcy returns in corporate bond yields. 

According to details of the maturity profiles of the six wound-up schemes, over a third of the assets will mature within two years for short-term income plan (34