India 
The Trustee of Franklin Templeton decided to wind up six of our debt schemes in April 2020. The difficult decision was taken because the markets had become illiquid due to the severe impact of COVID-19. The sole objective of this decision was to safeguard value for our investors.
The six wound up schemes included Franklin India Ultra Short Bond Fund (FIUBF), Franklin India Low Duration Fund (FILDF), Franklin India Short Term Income Plan (FISTIP), Franklin India Income Opportunities Fund (FIIOF), Franklin India Credit Risk Fund (FICRF) and Franklin India Dynamic Accrual Fund (FIDA).
This page is dedicated to updating you on key information on these six schemes.
- The total amount distributed in the winding up schemes stands at INR 27,548.21 crores amounting to 109.25% of the AUM as on April 23, 2020.
- All schemes have returned over 100% of the AUM at the time of winding up.
- All schemes have liquidated all performing assets.
- At the time of each distribution, the NAV of each scheme was higher than on April 23, 2020.
- Total amount disbursed so far ranges between 107.17% and 113.46% of the respective AUM of the six schemes as of April 23, 2020.
Distribution summary for the six schemes under winding up – June 30, 2025 (Rs. Cr.)
| Distribution based on NAV as on February 12, 2021 | 9,121.59 |
| Distribution based on NAV as on April 9, 2021 | 2,962.00 |
| Distribution based on NAV as on April 30, 2021 | 2,488.75 |
| Distribution based on NAV as on June 4, 2021 | 3,205.25 |
| Distribution based on NAV as on July 9, 2021 | 3,302.75 |
| Distribution based on NAV as on August 27, 2021 | 2,918.50 |
| Distribution based on NAV as on November 18, 2021 | 1,115.55 |
| Distribution based on NAV as on December 10, 2021* | 983.81 |
| Distribution based on NAV as on August 7, 2022^ | 685.03 |
| Distribution based on NAV as on December 2, 2022 | 59.73 |
| Distribution based on NAV as on February 17, 2023 | 88.32 |
| Distribution based on NAV as on June 9, 2023 ~ | 178.06 |
| Distribution based on NAV as on August 22, 2023 | 398.81 |
| Distribution based on NAV as on May 2, 2025 | 40.07 |
| Total Cash Distributed till June 30, 2025 (A) | 27,548.21 |
| Cash available in the schemes as on June 30, 2025 (B) | - |
| Total - Distribution plus Cash available i.e. (C) = (A) + (B) | 27,548.21 |
* Distribution in FIIOF is based on NAV as on December 12, 2021
^ Distribution in FISTIP & FICRF is based on NAV as of August 5, 2022, FIUBF, FILDF & FIDA is based on NAV as of August 7, 2022 and FIIOF (Regular Plan) is based on cash available as on August 26, 2022. This tranche also includes the amount pertaining to reversal of certain expenses and distribution commission, as directed by the Hon'ble Supreme Court in its order dated August 3, 2022.
~ Distribution in FICRF is based on NAV as on June 11, 2023
| Scheme | Total Distribution till June 30, 2025 (as a % to April 23, 2020 AUM)^ | Cash distributed plus AUM of six schemes as on June 30, 2025 (as a % of April 23, 2020 AUM)^ |
| Franklin India Ultra Short Bond Fund | 108.50% | 108.50% |
| Franklin India Low Duration Fund | 112.49% | 112.49% |
| Franklin India Short Term Income Plan | 107.87% | 107.87% |
| Franklin India Income Opportunities Fund | 108.21% | 108.21% |
| Franklin India Credit Risk Fund | 113.46% | 113.46% |
| Franklin India Dynamic Accrual Fund | 107.17% | 107.17% |
| Total | 109.25% | 109.25% |
^ Percentages may vary for Regular and Direct plans owing to the reversal of certain expenses in the Regular Plan, as directed by the Hon'ble Supreme Court in its order dated August 3, 2022.
If you have queries or need any assistance, please write to us at [email protected] or call our toll-free investor helplines 1-800-258-4255 or 1-800-425-4255 from 8 a.m. to 9 p.m. Monday to Saturday.
We deeply appreciate your patience and support.
