MUTUAL FUNDS
Franklin Templeton MF introduces Fixed Maturity Plans-Series 6 Plan D (1097 days)
Jul-18-2019

Franklin Templeton Mutual Fund (MF) has launched the Franklin India Fixed Maturity Plans-Series 6 Plan D (1097 days), a close ended debt fund scheme. The NFO opens for subscription on July 18, 2019 and closes on July 23, 2019. No Entry load and Exit load will be applicable for the scheme. The minimum subscription amount is Rs 5000 and in multiples of Re 1 thereafter.

The scheme’s performance will be benchmarked against CRISIL Medium Term Debt Index and its fund managers are Umesh Sharma and Sachin Padwal-Desai.

The investment objective of the scheme is to generate income by investing in a portfolio of fixed income securities/debt instruments maturing on or before the maturity of the Scheme.

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