Six Franklin Templeton debt schemes get ₹1,213 crore in second half of December
January 02, 2021
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This makes it the fifth scheme to turn cash positive since all the six schemes were suspended for trading in April
The six suspended debt schemes of Franklin Templeton has received ₹1,213 crore in the second fortnight of December.
The fund house has repaid the debt in Short Term Income Plan making it the fifth scheme to turn cash positive since all the six schemes were suspended for trading in April.
The debt schemes have received ₹13,120 crore till December-end from maturities, pre-payments and coupon payments since April 24.
The cash available in the five schemes stands at ₹8,527 crore, subject to fund running expenses.