Franklin Templeton shuts six debt schemes. What does it mean for debt investors?

- No investments or redemptions will be allowed in these schemes from today. Investors will receive whatever proceeds the fund house is able to recover by liquidating the underlying investments in the respective schemes
- The closing down of these schemes will have a direct impact on the other schemes of Franklin Templeton Mutual Fund that had invested in any of these schemes, as they will not be able to exit these holdings