The Supreme Court on December 3, ’20 issued an interim order allowing the Trustee of Franklin Templeton to conduct the e-voting process for winding up the six debt mutual fund schemes. The court further directed market regulator SEBI to appoint an observer to oversee the voting exercise. The results of this vote along with the …
Tag: Debt Fund
Jun 04
Franklin Templeton announces dates for e-voting: Things you need to know
Franklin Templeton is going to conduct the e-voting process for winding up the six debt mutual fund schemes. The company can start monetising the assets and begin the winding-up process after receiving approval from the investors. The trustees of Franklin Templeton have partnered with K Fintech to conduct the electronic voting process, and unitholders meet. …
May 13
Franklin Templeton closed 6 Debt Funds. What does it mean for the investors? Here’s what the company says
The Corona Virus incident had shaken the entire health. Many countries have declared a nationwide lockdown to prevent from spreading. It is not only posing serious threats to the health sector but also to the financial sector. Stock markets across the globe have made new bottoms. To address the economic concerns, RBI has made several …