Go Fashion (India) Limited
Franklin Templeton Mutual Fund trimmed its stake in Go Fashion (India) Limited from 3.27% to 2.81%, selling 2,41,038 shares.
One of India's largest women's bottom-wear retailers, Go Fashion develops, designs, sources, and sells apparel under the Go Colors brand. The company offers an extensive portfolio of bottom-wear products across numerous colors and styles, positioning itself distinctively in the women's speciality apparel segment. Go Fashion operates through retail channels and maintains a strong presence in the women's bottom-wear category across India.
Indian arm of Franklin Templeton Investments, a global AMC with over USD 1.5 trillion in assets worldwide. Manages over Rs 1.2 lakh crore in India. Navigated a significant setback when six debt schemes were wound up in April 2020 due to illiquid credit exposure, with full investor capital recovered by 2022. Equity franchise led by CIO Anand Radhakrishnan has maintained consistent performance through the volatility.