If there is one thing that shines through the Franklin Templeton India’s winding-up process of 6 mutual funds, it is their intent to be transparent and fair to their investors. Franklin Templeton, India’s President, Sanjay Sapre and his team have been spending lots of time on ensuring that they sort the queries and concerns of the investors. These actions go a long way in establishing trust in the minds of investors.
Recently, Franklin Templeton wound up a suite of six yield-oriented managed credit schemes. WhatsApp and Social Media were flooded with rumours on how this meant the doom of Franklin Templeton. I was fortunate to be part of an exclusive session where
Sanjay Sapre, President, Franklin Templeton addressed a group of bloggers on the winding up of 6 Mutual Fund schemes.
The best part of this podcast was that it was a freewheeling chat where we were able to ask questions to Mr Sanjay directly.
Its always better to get the answers from the horse’s mouth – instead of relying on rumours. What do you think?