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Tuesday, June 24, 2014

Franklin Templeton MF Announces Merger of Two Schemes

With effect from 08 August 2014 

Franklin Templeton Mutual Fund has announced that with effect from 08 August 2014, Templeton India Children's Asset Plan – Gift Plan would be merged into FT India Balanced Fund and Templeton India Children's Asset Plan – Education Plan would be merged into FT India Monthly Income Plan. 

The investors are given an option to exit at the prevailing NAV without any exit load from 09 July 2014 to 07 August 2014.
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