New Delhi, April 2
Franklin Templeton Mutual Fund on Friday said its six shut schemes have received Rs 15,776 crore from maturities, pre-payments and coupon payments since closing down in April, 2020.
The fund house shut six debt mutual fund schemes on April 23, citing redemption pressures and lack of liquidity in the bond market.
“The six schemes have received total cash flows of Rs 15,776 crore till March 31, 2021 from maturities, coupons and prepayments since winding up,” the fund house said.
Franklin India Income Opportunities Fund has turned cash positive after repaying all its outstanding borrowings, thus, all the six schemes are now cash positive, the fund house said. — PTI
1,761 more deaths reported
Class 12 Exam (offline) to be conducted at a later date
Blinken spoke with Jaishankar to reaffirm the importance of ...
Lockdown in Mohali on Ram Navami