InvestorQ : Has Franklin Templeton paid out the full sum due to unit holders of the six schemes?
Tisha Malhotra made post

Has Franklin Templeton paid out the full sum due to unit holders of the six schemes?

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Aashna Tripathi answered.
5 months ago
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On behalf of Franklin Templeton AMC, SBI MF just paid out the 8th tranche of Rs.985 crore to unitholders of the 6 shuttered debt funds. This takes the total disbursal to unitholders of the 6 funds to Rs.26,098 crore, representing 103% of the AUM on 23-April 2020.

SBI MF was appointed by the Supreme Court and they will extinguish proportionate units at NAV against these redemption pay-outs. In Apr-20 Templeton decided to shutter 6 debt schemes due to redemption pressures and bad liquidity.

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