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Tuesday, January 06, 2009

Templeton India Income Builder Account revises minimum application amount

With effect from 5 January 2009

Franklin Templeton Mutual Fund has approved changes in minimum investment amount of the Templeton India Income Builder Account with effect from 5 January 2009.

The minimum investment amount for fresh purchase (including switch-in) of Templeton India Income Builder Account-Plan A has been revised to Rs 50,00,001.

Further, fresh/ additional purchase by investors on a single day in Templeton India Income Builder Account-Plan B will be allowed only up to Rs 50 lakh per application.

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