This will be paid by extinguishing proportionate units at the NAV dated 9 July 2021. Accordingly, the units held by your investors in the scheme will reduce to that extent. Post this payout, the schemes would return Rs 21,080.34 crore to unitholders amounting to 84% of the AUM as on April 23, 2020.

Will investors get money back in Franklin?

Investors in the Franklin India Low Duration Fund will get back an estimated 63% of the value of their investment while investors in the Franklin India Ultra Short Bond Fund will get back almost 50% when Franklin Templeton Mutual Fund starts distributing cash next week.

Is Franklin a good investment?

The stocks held by the fund are of good quality but a bit undervalued. With quality names in the fund's portfolio and its PE ratio much lower compared to its category average, there are high chances of a strong performance in the near future.