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Franklin unitholders to get Rs 2,918 crore | Economic Times

SBI Funds Management (SBI MF), the court-appointed liquidator, will distribute the sixth tranche of ₹2,918.50 crore to Franklin Templeton Mutual Fund unitholders across the six shut debt schemes beginning September 1. After the completion of this payout, the schemes have returned ₹23,998.84 crore to unitholders amounting to 95.18% of the AUM as on April 23, 2020. The amount to be distributed to unitholders will be paid by extinguishing proportionate units at the net asset value dated August 27. The amount to be paid to unitholders will be calculated as per the below table and will be paid by extinguishing proportionate units at the NAV dated 27 August 2021. Accordingly, the units held by your investors in the scheme will reduce to that extent. Post this payout, the six schemes would have paid the below mentioned percentages of their AUM as on 23 April 2020.85750989

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