With this, the total disbursement will reach Rs 17,778 crore, amounting to 71 per cent of assets under management (AUM) as on April 23, 2020, a Franklin Templeton MF spokesperson said on Saturday. 

Under the first disbursement in February, investors received Rs 9,122 crore, while Rs 2,962 crore were paid to investors during the week of April 12 and in the latest disbursement during the week of May 3, investors were paid Rs 2,489 crore. 

"SBI Funds Management Pvt Ltd (SBI MF) would be distributing the next tranche of Rs 3,205.25 crore to unitholders across all six schemes. The payment to all investors whose accounts are KYC compliant with all details available will be made during the week of June 7, 2021," the spokesperson said. 

The amount to be distributed to unitholders will be paid by extinguishing proportionate units at the net asset value dated June 4, this year, he added. 

The payment will be made electronically to all eligible unitholders by SBI MF, which has been appointed as the liquidator by the Supreme Court for the six schemes being wound up. 

In case the unitholders'' bank account is not eligible for an electronic payment, a cheque or demand draft will be issued and sent to their registered address by SBI MF. 

In March, the Supreme Court accepted the standard operating procedure (SOP) finalised by SBI MF to monetise assets and distribute the proceeds to unitholders of the six debt schemes of Franklin Templeton Mutual Fund. 

Franklin Templeton MF announced shutting its six debt mutual fund schemes on April 23, 2020 citing redemption pressures and lack of liquidity in the bond market. 

The schemes -- Franklin India Low Duration Fund, Franklin India Dynamic Accrual Fund, Franklin India Credit Risk Fund, Franklin India Short Term Income Plan, Franklin India Ultra Short Bond Fund, and Franklin India Income Opportunities Fund -- together had an estimated Rs 25,000 crore as AUM.