The news is not too encouraging. Investors in some of the credit funds run by Franklin Templeton India may have to wait for over 5 years to recoup their money. This is the latest turn after the company shut six of its debt schemes in late April putting funds to the tune of nearly Rs.30,000 crore on freeze. According to the fund’s own admission, it could take more than five years for the AMC to return the entire amount invested in four of the funds. However, the investments in the two remaining funds may be returned within 5 years. The fund had claimed in the past that it was seeking investor approval to liquidate the six debt schemes. That clearly points to the quality (or the lack of it) of the portfolio.