Does the YES vote for Franklin Templeton mean you will get your money soon?
Synopsis
The wait to get back their money stuck in six schemes of Franklin Templeton can be longer for the mutual fund investors.
The wait to get back their money stuck in six schemes of Franklin Templeton can be longer for the mutual fund investors. Even though Franklin Templeton has said that they have got an overwhelming response in the favour of the winding up of schemes, the Supreme Court of India might take some time. In a hearing on Monday, the court said that they will decide on the distribution of money to Franklin Templeton unitholders after hearing the
Franklin Templeton MF on Sunday said its six shut schemes have received Rs 13,789 crore from maturities, pre-payments and coupon payments since closing down in April.
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