Franklin Templeton MF unitholders to get Rs 1,115 cr in 7th tranche

Franklin Templeton MF unitholders to get Rs 1,115 cr in 7th tranche

SBI Funds Management (SBI MF) will distribute from Monday the seventh tranche of a little over Rs 1,115 crore to unitholders of the Franklin Templeton Mutual Fund’s six shuttered schemes. After the payout, the total disbursement will reach Rs 25,114 crore, amounting to 99.6 per cent of assets under management (AUM) as on April 23, 2020, when the fund house announced to shut the schemes, a Franklin Templeton MF spokesperson said on Friday.

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