Franklin Templeton MF receives interest payment of Rs 103 crore from Vodafone Idea

Franklin Templeton Mutual Fund on Sunday said it has received an interest payment of about Rs 103 crore from Vodafone Idea Ltd, which will be distributed among investors in proportion to their holdings in the plans of the segregated portfolios.

There are six schemes — Franklin India Ultra Short Bond Fund, Franklin India Low Duration, Franklin India Short Term Income Plan, Franklin India Credit Risk Fund, Franklin India Dynamic Accrual Fund, and Franklin India Income Opportunities Fund — which had made investments in Vodafone Idea.