0

0

0

0

0

0

0

0

0

videos | IST

SBI MF to undertake liquidation of assets held by 6 wound up Franklin Templeton schemes; experts discuss details

Mini

The Supreme Court has appointed SBI MF to undertake the exercise of winding up and liquidation as well as the distribution of proceeds to unitholders of Franklin Templeton schemes.

The Supreme Court has appointed SBI MF to undertake the exercise of winding up and liquidation as well as the distribution of proceeds to unitholders of Franklin Templeton schemes.
In this Mutual Fund Corner, CNBC-TV18’s Sumaira Abidi spoke to DP Singh, Chief Business Officer at SBI MF, and Feroze Azeez, Deputy CEO of Anand Rathi Pvt Wealth Mgmt, to analyse how the liquidation process in the Franklin Templeton case will proceed from here.
Also, they will talk about whether the mechanism for liquidation been finalized. What is the arrangement with Franklin Templeton in terms of how much assistance SBI MF will be seeking from them and what is the bifurcation of roles of SBI MF and Franklin Templeton?
Watch the accompanying video for more.