Investors of Franklin Templeton s shut schemes to get Rs 2,489 cr more
Franklin Templeton s schemes shut after the distribution of Rs 9,122 crore
By IANS
May 3, 2021 10:34 IST
The unitholders of the six shut schemes of Franklin Templeton Mutual Fund will get Rs 2,488.75 crore in the week starting Monday, May 3. This will be the third tranche of disbursement for the investors after the distribution of Rs 9,122 crore across five schemes in February and Rs 2,962 crore last month. We are pleased to now inform you that SBI Funds Management Pvt Ltd (SBI MF) would be distributing the next tranche of Rs 2,488.75 crore to unitholders across all six schemes. The payment to all investors whose accounts are KYC compliant with all details available will be made during the week of 3 May 2021, a company spokesperson said.
Franklin Templeton beneficiaries to receive Rs 2,489 cr in next tranche this week
Franklin Templeton MF shut its six debt mutual fund schemes in April, 2020 citing redemption pressures and lack of liquidity in the bond market
SBI Funds Management (SBI MF) will distribute the next tranche of Rs 2,489 crore to unitholders of Franklin Templeton Mutual Fund s six shuttered schemes in this week from Monday. SBI MF has already distributed Rs 12,084 crore to investors. This included Rs 2,962 crore distributed during the week of April 12. We are pleased to now inform you that SBI Funds Management Pvt Ltd (SBI MF) would be distributing the next tranche of Rs 2,488.75 crore to unitholders across all six schemes. The payment to all investors whose accounts are KYC compliant with all details available will be made during the week of May 3, 2021, a Franklin Templeton MF spokesperson said on Sunday.
SBI Funds Management (SBI MF) will distribute the next tranche of Rs 2,489 crore to unitholders of Franklin Templeton Mutual Fund s six shuttered schemes in this week from Monday. SBI MF has already distributed Rs 12,084 crore to investors. This included Rs 2,962 crore distributed during the week of April 12. We are pleased to now inform you that SBI Funds Management Pvt Ltd (SBI MF) would be distributing the next tranche of Rs 2,488.75 crore to unitholders across all six schemes. The payment to all investors whose accounts are KYC compliant with all details available will be made during the week of May 3, 2021, a Franklin Templeton MF spokesperson said on Sunday.
Franklin Templeton unitholders to get Rs 2,489 crore in next tranche
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Franklin Templeton unitholders to get Rs 2,489 crore in next tranche
PTI / May 2, 2021, 20:56 IST
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NEW DELHI: SBI Funds Management (SBI MF) will distribute the next tranche of Rs 2,489 crore to unitholders of Franklin Templeton Mutual Fund s six shuttered schemes in this week from Monday.
SBI MF has already distributed Rs 12,084 crore to investors. This included Rs 2,962 crore distributed during the week of April 12. We are pleased to now inform you that SBI Funds Management Pvt Ltd (SBI MF) would be distributing the next tranche of Rs 2,488.75 crore to unitholders across all six schemes. The payment to all investors whose accounts are KYC compliant with all details available will be made during the week of May 3, 2021, a Franklin Templeton MF spokesperson said on Sunday.
Investors of Franklin Templeton s shut schemes to get Rs 2,489 cr more
By IANS |
Published on
Sun, May 2 2021 21:27 IST |
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Franklin Templeton Mutual Fund.. Image Source: IANS News
Mumbai, May 2 : The unitholders of the six shut schemes of Franklin Templeton Mutual Fund will get Rs 2,488.75 crore in the week starting Monday, May 3.
This will be the third tranche of disbursement for the investors after the distribution of Rs 9,122 crore across five schemes in February and Rs 2,962 crore last month. We are pleased to now inform you that SBI Funds Management Pvt Ltd (SBI MF) would be distributing the next tranche of Rs 2,488.75 crore to unitholders across all six schemes. The payment to all investors whose accounts are KYC compliant with all details available will be made during the week of 3 May 2021, a company spokesperson said.