Franklin Templeton Mutual Fund Archives - Page 2 of 7

August 18, 2020

Franklin update: 6 schemes collected Rs 708 cr in August 1-14; roughly Rs 5,000 cr so far

Franklin India Ultra Short Bond Fund can return 21% of its AUM to unitholders subject to a successful unitholder vote; Franklin India Dynamic Accrual Fund can return 12% of its AUM

August 5, 2020

Franklin’s 6 schemes collect Rs 893 cr last fortnight; 4 schemes’ NAV hit after Future Group cos rating downgraded

Four schemes of the six funds took a knock on NAV as they had exposure to some Future Group firms, which didn’t pay up on maturity

July 20, 2020

Franklin update: 6 debt schemes collect Rs 112 cr from July 1-15; borrowing levels decline

A total of Rs 3387 cr has come since April 24 as cash flows in the six yield-oriented funds under winding-up;

July 16, 2020

Vodafone debt paid back, but Franklin still reeling from its quick decision to mark down telco’s NCDs to zero

The AMC’s markdown of Vodafone-Idea bonds exposure may have been one of the major contributors for investors heading toward the exit door at Franklin

July 11, 2020

Franklin MF gets payment from Vodafone Idea as bond matures; UTI MF and Nippon MF also receive dues

The debt fund schemes had segregated the exposure to Vodafone Idea after writing down its value to zero; now investors will be paid back the money in next few days

July 7, 2020

Franklin’s Santosh Kamath breaks silence; expects Rs 6,000 cr inflows by Sept, plans listing of securities, schemes

Speaking in a podcast, the fixed income head talks about expected cashflows, secondary sale of securities, listing of unlisted papers, and listing of MF schemes

July 6, 2020

Franklin update: 6 debt schemes received Rs 3,275 cr since Apr 24 via coupons, maturities and pre-payments

While two funds of the six funds that are being wound up are cash positive, four have between 7% to 37% of AUM as outstanding borrowings as on June 30

June 24, 2020

Franklin update: Collects 2,000 cr in 6 funds being wound up; 2 funds ready to start returning money as legal hurdles pass

From April 24, 2020 to June 15, 2020, the 6 schemes have received Rs 1,964.21 crore from maturities, pre-payments, and coupon payments, according to Sapre

June 24, 2020

Franklin MF debt funds court update: 6 cases transferred to Karnataka HC, to decide matter in 3 months

The Supreme Court has transferred the matters, originally filed in different courts, to a single court which will hear and finally decide the matter within three months

Franklin Templeton Mutual Fund Articles