Case filing from CFMA
Thanks CFMA for putting up a fight for the investors.
Nice to see the case details in the supreme court :
https://main.sci.gov.in/php/case_status/case_status_process.php?d_no=26162&d_yr=2020
All
Six shut debt schemes garner 941 crore? A complete eyewash!
Recently there have been reports regarding Franklin Templeton MF's tall claims that the six shut schemes have received 941 crore maturities, prepayments and coupon payments in a fortnight, between October 30 and November 13. This apparently includes Rs 814 crore received as prepayments and takes the total cash flows received till date since Apri
An SPV for FT to purchase units held by us
The shutting down of these open-ended debt funds by FT has the implication of complete cessation of redemptions, dividends, and of course, new subscriptions. It has seriously aggrieved the investor community, particularly a vast number of senior citizens, who depended on funds such as these to setup SWPs, or dividend flows, so as to augment pens
Franklin Templeton Debt Fund Scam
There is no doubt that this is a scam of humungous proportions - much bigger than Yes Bank or PMC Bank.
The following questions need answers.
Did the Trustees do their fiduciary duty at FTTSPL at all?
And here is more dope on the dubious role of Franklin Templeton Trustee Services Private Limited (FTTSPL), the so-called trustees of Franklin Templeton Asset Management Company (FTAMC)
Questions raising lack of Trust on Trustees of FTMF
Before I pose some very disturbing questions about the so-called trustees of Franklin Templeton Mutual Fund company, let us first understand how it was set up. So, Franklin Templeton Trustee Services Private Limited (FTTSPL) is a limited liability company set up on December 19,1995 as a subsidiary of Franklin Templeton Holding Limited, Mauritius
Who were the privileged unit holders who redeemed up to 8000 crores in March and April 2020
Market Irregularities: Franklin Templeton repeatedly fined by Global Regulators
Friends, ever since Franklin Templeton Mutual Fund abruptly closed down 6 debt schemes six months ago collectively pushing over 3 lakh of Unit Holders like us into this Rs 28,000 crore black hole, I have been spending sleepless nights over the internet trying to find out more about these guys. And to my utter shock and dismay, I have found that
SEBI, AMFI ought to explain these policy issues regarding FTMF
I have gone through the previous topic on this forum and even I am equally agitated by the goings on at FTMF. It will now be six months on October 24, 2020 that FTMF abruptly effected the closure of six debt schemes, and we have no sign as to whether we will get our money back or not. Hence, I think, it would be only appropriate that the followi
FTMF fraud: Not just a case of Breach of Trust
As a Unit Holder in the Franklin Templeton Mutual Fund scheme (FTMF) which they closed down abruptly in April this year, I have been following the matter closely and going through media reports regarding the same. Now, the forensic audit repor