Will this Franklin Templeton situation affects my other Franklin Templeton scheme and other debt funds?

It is obvious that not just the other debt fund schemes with Franklin Templeton but all the debt funds shall have to face the impact of this decision. It is more likely that most of the investors are nervous and will redeem their investment in other debt mutual funds in a hurry. This will create extra pressure in the entire debt market. Therefore, investors are required to be extra-cautious and careful with the next couple of weeks.

The market is highly uncertain right now, therefore, sticking to your investment rather than selling it in a hurry shall be a better option.