Franklin Templeton Mutual Fund announced change in minimum application of some funds
Jan 30 2020
News Category: AMC Specific Updates
Franklin Templeton Mutual Fund announced the change in minimum application amount of Franklin India Low Duration Fund (FILDF), Franklin India Income Opportunities Fund (FIIOF), Franklin India Dynamic Accrual Fund (FIDA), Franklin India Credit Risk Fund (FICRF), Franklin India Short-Term Income Plan (FISTIP) and Franklin India Ultra-Short Bond Fund (FIUBF) effective Jan 27, 2020. As per the revised provision, there is no upper limit to the investment amount. Fresh/additional purchase (including switch-in) by an investor on a single day in each plan will be accepted only up to Rs. 20 crore per application.