In April, the mutual fund wound up six debt schemes due to illiquidity and redemption pressure amid the covid-19 crisis Xander Financial, Hero Solar Energy, some renewable sector and energy companies have made prepayments MUMBAI: Franklin Templeton India’s six debt schemes, which wound up on 23 April, have received around ₹2,000 crore in repayments/prepayments from […]
Franklin Templeton crisis: Here’s a closer look at the companies in which Franklin has invested in
Franklin Templeton’s six schemes have total investments of Rs 7,697 crore to 26 companies (with 100% exposure to the six debt funds) of 88 top borrowers in its six debt schemes A Moneycontrol analysis of companies that have 100 percent exposure to Franklin Templeton’s six debt funds that were wound up on April 23 shows […]
Franklin Templeton sole lender to 26 of 88 entities in debt schemes portfolio
Franklin India Low Duration Fund has 64.7% of its holding in below AA rated paper, Dynamic Accrual Fund has 44.6%, Credit Risk Fund 50.2%, Short Term Income Plan 58.9%, Ultra Short Term Bond Plan 23.9% and Income Opportunities Fund 41.3% Mumbai: Poor credit call is one the factors that led to Franklin Templeton India winding […]
