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Today let me highlight some real stories about Franklin Templeton investors
First story is about Sapna @SapnaPa15827531
Young professional
Dreams in her eyes about growing her business
Kept her money for parking in Franklin Ultra Short
Her dreams are at stake now
(1/n)
First story is about Sapna @SapnaPa15827531
Young professional
Dreams in her eyes about growing her business
Kept her money for parking in Franklin Ultra Short
Her dreams are at stake now
(1/n)
Second story is about retired investors like @ashokghose
There are many and cannot name all of them here
They kept money in Franklin Ultra Short for monthly needs. The fund promised them exactly this - monthly investment horizon
It is so much stress for each of them
(2/n)
There are many and cannot name all of them here
They kept money in Franklin Ultra Short for monthly needs. The fund promised them exactly this - monthly investment horizon
It is so much stress for each of them
(2/n)
Think about it - if u are a retired person
U need money for daily living
U need money because you can't get any other loan
It is ur money u saved
U can't go to ur children and ask them for money
U have the money but some MF says I will not give it to u. Is this fair?
(3/n)
U need money for daily living
U need money because you can't get any other loan
It is ur money u saved
U can't go to ur children and ask them for money
U have the money but some MF says I will not give it to u. Is this fair?
(3/n)
Next story is about Pawan @pawan_gangwani
He wanted to buy a house.... his first house
He kept down payment of this in one of the Franklin Funds
Today his dream house is delayed indefinitely because he doesn't know when he will get his money back
(4/n)
He wanted to buy a house.... his first house
He kept down payment of this in one of the Franklin Funds
Today his dream house is delayed indefinitely because he doesn't know when he will get his money back
(4/n)
Next story is about an IT Professional - Samiksha
She believed saving with a global firm was better
She was saving so that she could pay her daughter's college fees
Now she has to look for alternate sources - till her money is back
She can't compromise her daughter
(5/n)
She believed saving with a global firm was better
She was saving so that she could pay her daughter's college fees
Now she has to look for alternate sources - till her money is back
She can't compromise her daughter
(5/n)
These are real life dreams/lives/realities which have got delayed or shattered
Many such stories abound. It is easy to say that these investors themselves are to blame? Or that they were greedy
They invested in a debt fund which said u have access to ur money when u want
(6/n)
Many such stories abound. It is easy to say that these investors themselves are to blame? Or that they were greedy
They invested in a debt fund which said u have access to ur money when u want
(6/n)
SEBI's only job is to protect these investors interests
Franklin Templeton India Trustees only job was to represent these investor's interest
And I am sure each of them will play the role they were intended to play - if not by choice than by the hand of law
** End **
Franklin Templeton India Trustees only job was to represent these investor's interest
And I am sure each of them will play the role they were intended to play - if not by choice than by the hand of law
** End **
