Franklin shuttered schemes have cash of Rs 8,262 crore

The six shuttered schemes of Franklin Templeton have received Rs 1,078 crore from maturities, pre-payments and coupon payments during the period 16-30 September 2020. This takes the total cash flows received till date since 24 April 2020 to Rs 8,262 cr.

Franklin India Ultra Short Bond Fund (FIUBF), Franklin India Dynamic Accrual Fund (FIDA), Franklin India Low Duration Fund (FILDF) and Franklin India Credit Risk Fund (FICRF) have 40%, 19%, 19% and 4% of their respective AUM available in cash to distribute to unitholders subject to a successful unitholder vote.