***Update as on August 10, 2022: The fund has now returned all the money to the investors and is closed. Update as on April 9, 2021: Yet another tranche of money amount to 28.42% of the value as of April 9, 2021 was transferred to the investors and an equivalent amounts of units were extinguished. […]
Flight to safety in debt funds – Insights for 2020 & beyond
2020 marked a culmination of the problems that started to emerge since 2018 in the debt fund space, triggering a flight to safety. Lakhs of investors were left stuck as they faced an unprecedented event where 6 debt schemes announced winding up. The risk in debt funds played out for real and like never before. […]
FT Update: Payout from Segregated Portfolio – Vodafone Idea 8.25%
Post the Supreme Court Order upholding the winding up of schemes, the cash distribution has started to the unitholders. To read about the payout from the main scheme in Feb 2021, click here. If you are an investor in one of the Franklin Templeton schemes that are in the process of winding up, you have […]
