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Wednesday, June 11, 2014

Franklin Templeton MF Announces Merger of Two Schemes

With effect from 18 July 2014 

Franklin Templeton has announced that Templeton India Government Securities Fund – Treasury Plan shall be merged with Templeton India Government Securities Fund – Composite Plan, with effect from 18 July 2014. 

The investors are given an option to exit at the prevailing Net Asset Value without any exit load, in case they do not wish to approve the merger. The period of this exit offer is valid from 18 June 2014 to 17 July 2014.
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