Franklin Templeton Mutual Fund launches Franklin India Equity Savings Fund

Mutual Fund
Jul 30, 2018 by Advisorkhoj Team | Mutual Fund | 33 Downloaded

NFO period: 03rd August – 17th August, 2018

Highlights of the NFO:

  • Scheme type – An open ended scheme investing in equity, arbitrage and debt

  • Investment objective – The scheme intends to generate long-term capital appreciation by investing a portion of the scheme’s assets in equity and equity related instruments. The scheme also intends to generate income through investments in fixed income securities and using arbitrage and other derivative Strategies. There can be no assurance that the investment objective of the scheme will be realized.

  • Product suitability – The product is suitable for investors who are seeking income generation and capital appreciation over medium to long term a fund that by investing in equity and equity related securities including the use of equity derivatives strategies and arbitrage opportunities with balance exposure in debt and money market instruments.

  • Minimum Application Amount – First investment is Rs. 5,000/- and in multiples of Rs. 1/- thereafter

  • Plan/ Options available –

    • Dividend Plan

    • Monthly Dividend Plan

    • Quarterly Dividend Plan

    • Growth Plan

  • Fund Manager –

    • Mr. Lakshmikanth Reddy (Equity Portion)

    • Mr. Sachin Padwal-Desai (Debt Portion)

    • Mr. Umesh Sharma (Debt Portion)

    • Mr. Srikesh Nair (Dedicated Fund Manager for overseas investments)

  • Benchmark – Nifty Equity Savings Index

(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)

Locate Franklin Templeton Mutual Fund Advisors in your city
Feedback
Notification