SBI Funds Management (SBI MF) will distribute from Monday the eighth tranche of Rs 985 crore to unitholders of Franklin Templeton Mutual Fund’s six shuttered schemes.
After the payout, the total disbursement will reach to Rs 26,098.2 crore, amounting to 103.5 per cent of assets under management (AUM) as on April 23, 2020, when the fund house announced to shut the schemes, a Franklin Templeton MF spokesperson said on Sunday.
A total of Rs 25,114 crore has been distributed across 6 schemes under
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