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)
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)
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)
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)
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)
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)
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 **
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