InvestorQ : Due to the recent decision by Franklin Templeton when can I sell my investments now?
diksha shah made post

Due to the recent decision by Franklin Templeton when can I sell my investments now?

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Isha Tharwani answered.
6 months ago
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For now, you will not be able to sell your investment in any of the schemes that have been wound up by the company. You will have to wait for the fund house’s decision to sell their assets and pay back the money. This decision has been taken to avoid distressed sales due to the pandemic situation. There are chances that as soon as the liquidity in the debt market improves, the fund house would sell its assets and pay back the investors.

It is, however, very difficult to say when will the company take this decision. Most of the advisors say that the average maturity of the schemes might give an indication but it is not very reliable as the market is highly unpredictable right now.
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