Franklin Mutual Fund News | 6 Schemes Winding Up | Voting on 26-28th Dec 2020 | #MoneyKiBaat | E57
Update: 2020-12-08
Description
Franklin Templeton India Mutual Fund decided to shut down 6 schemes:
1) Franklin India Low Duration Fund
2) Franklin India Ultra Short Bond Fund
3) Franklin India Short Term Income Plan
4) Franklin India Credit Risk Fund
5) Franklin India Dynamic Accrual Fund
6) Franklin India Income Opportunities Fund
The decision to wind up was challenged by some investors. Now, Franklin is required to take consent of unit holders to wind up these schemes in an orderly fashion.
If you are invested in any of these schemes, watch this video to
1) understand how can you recover your money?
2) what should you vote for during the voting process?
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