What should investors in Franklin Templeton mutual fund schemes do: Wait or exit?

The Franklin Templeton (FT) saga continues to develop new twists. What began as a liquidity squeeze forcing the fund house to wind up six debt funds about a year ago has now spilled into the realm of foreign policy. Last month, Economic Times reported that the asset manager’s US-based parent has engaged diplomatic channels to rein in Indian authorities from taking a harsh stance on the matter. The asset manager even dropped a subtle hint of a