September 04, 2021 12:09 pm
The fund house created side pockets in the five schemes holding bonds issued by Vodafone Idea in January last year, before the winding up.
June 10, 2021 4:32 pm
In an e-mail dated June 8 to investors, Franklin Templeton AMC President Sanjay Sapre said Sebi's order does not impact the current monetization process of the six debt schemes under winding up being undertaken by the liquidator.
June 08, 2021 10:51 am
Reacting to Sebi's order, a Franklin Templeton spokesperson said, "We strongly disagree with the findings in the Sebi order and intend to file an appeal with the Hon'ble Securities Appellate Tribunal".
March 14, 2021 4:19 am
This comes following reports of the Securities and Exchange Board of India (Sebi) issuing show-cause notices to Templeton and its officials with regards to practices around risk management, inter-scheme transfers and personal transactions by employees and management, among others.
February 12, 2021 1:31 pm
The top court had on February 2 ordered that Rs 9,122 crore be disbursed within three weeks to the unit holders of Franklin Templeton's six mutual fund schemes which are proposed to be wound up.
January 18, 2021 5:32 am
Meanwhile, the market regulator Securities and Exchange Board of India and industry body Association of Mutual Funds in India, which had filed special leave petition in the case, are expected to express their opinion in the court.
December 17, 2020 2:36 pm
Franklin Templeton Mutual Fund had shut six debt mutual fund schemes on April 23, citing redemption pressures and lack of liquidity in the bond market.
December 09, 2020 12:23 am
“There are too many unknowns, uncertainty and risk at the current juncture for giving any consent in favour of FTMF,” CFMA said in a statement.
November 03, 2020 12:27 pm
Franklin Templeton MF had closed six debt mutual fund schemes on April 23, citing redemption pressures and lack of liquidity in the bond market.
September 03, 2020 12:13 pm
This takes the total cash flows received till date since April 24 to Rs 6,486 crore, Franklin Templeton MF said in a statement.