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Great news for #Investors. Verdict is out in #FranklinTempleton saga:
YES for #Winding Up all 6 schemes.
Now Goal Post should change and focus on giving mandate to @FTIIndia for liquidating assets. Here is my Thread on this subject:
YES for #Winding Up all 6 schemes.
Now Goal Post should change and focus on giving mandate to @FTIIndia for liquidating assets. Here is my Thread on this subject:
Good news for #Investors of #franklintempleton :
-Total Cash Collections of all 6 schemes Rs.13789 crs +
- 5 out of 6 schemes cash positive
- only 6% of AUM left as borrowings in Income Ops
-Total Cash Collections of all 6 schemes Rs.13789 crs +
- 5 out of 6 schemes cash positive
- only 6% of AUM left as borrowings in Income Ops
All this without any active intervention/selling/monetizing.
Imagine implications to positive liquidity creation when Fund Manager is allowed to actively Liquidate/Sell securities
Imagine implications to positive liquidity creation when Fund Manager is allowed to actively Liquidate/Sell securities
