The investors of the six shut schemes of Franklin Templeton Mutual Fund are set to receive Rs 2,962 crore in the coming week.This would be the second tranche of disbursement to the investors after the distribution of Rs 9,122 crore across five .
Asian markets open on a negative note Wednesday, as investors juggle the prospects for an economic comeback and additional stimulus with continued pandemic concerns.
After a wait of more than 10 months, investors in five of the six shuttered debt schemes of Franklin Templeton Mutual Fund received a portion of their money on Tuesday, which was lying as cash in these schemes.
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In relief to unit holders of the shut schemes of Franklin Templeton India, SBI Funds Management Pvt Ltd will distribute the available cash of Rs 9,122 crore in the funds, as of January 15, among them in the coming week.