InvestorQ : What is the latest status of the redemption of units of the 6 shuttered Templeton debt funds?
Anamika Sodhani made post

What is the latest status of the redemption of units of the 6 shuttered Templeton debt funds?

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Angel dcosta answered.
5 months ago
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As per the latest statement issued by SBI MF, it will distribute the fifth tranche of pay-outs to unit holders of the 6 shuttered funds of Franklin Templeton. This tranche of Rs.3,303 crore will take the total pay-out till date to Rs.21,080 crore, or 84% of the AUM 15 months ago. Simultaneously, proportionate units will be extinguished. It was largely thanks to the Supreme Court intervention and the appointment of SBI MF to monetize assets of FT funds.

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