Franklin Templeton Mutual Fund changes scheme features of Franklin India Low Duration Fund
Dec 30 2019
News Category: AMC Specific Updates
Franklin Templeton Mutual Fund announced to change certain scheme features of Franklin India Low Duration Fund effective Jan 29, 2020. The fund will see changes in asset allocation. The present asset allocation pattern mandates minimum 20% investment in money market instruments. However, considering the ongoing market conditions, the asset allocation has been altered such that there shall be no minimum allocation requirement for investment in money market instruments.