All investment moves aim at best outcome: Franklin Templeton
Sapre said that the reports are misleading and the report is subject to modification basis explanations and responses to be provided by Franklin Templeton.
Sapre said that the reports are misleading and the report is subject to modification basis explanations and responses to be provided by Franklin Templeton.
Franklin India Low Duration Fund and Franklin India Credit Risk Fund now have an outstanding borrowing of only 1 per cent and 4 per cent of their AUM respectively.
From June 16, 2020 to June 30, 2020, the schemes have received an additional Rs 1,311 crore from maturities, pre-payments, and coupon payments.
1. The asset manager blamed redemption pressures and lack of liquidity in the bond markets for the "voluntary" action. 2. Sapre said that the decision to wind up suite of six yield-oriented schemes was an extremely difficult one and taken only to protect investor interest.
