Mutual fund (MF) schemes that had exposure to debt papers of Vodafone Idea maturing on Friday, received payments from the telecom major.
The six schemes of Franklin Templeton Mutual Fund (MF), which are under wind-up, received payments of Rs 1,252 crore.
"We wish to inform that further to the annual interest payment received on June 12, 2020 for the security ‘8.25% Vodafone Idea Ltd. (10-July-2020)’ held in the following segregated portfolios, we have now received the full value of the principal due, along with interest for the period June 12 to July 9, 2020," FT MF said in a note.
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