Current fund flow situation similar to that of 2008-09 and 2012-13, says Franklin Templeton

India's current fund flow situation seems to be following the path of 2008-09 and 2012-13, said Santosh Kamath, CIO, Franklin Templeton.

“If you go back and compare this to what happened in 2008-09 or 2012-13, we are kind of following the same path," Kamath told CNBC-TV18.

However, he said in 2008-09, the panic was very high. "It was 10 times higher than what it is now. The panic was that entire countries are going to get wiped out. That particular year Indian currency depreciated by close to 35 percent — from 38 it went to 52 — and it took one more year after that for things to normalise," Kamath said.