Financial Daily from THE HINDU group of publications
Wednesday, Aug 17, 2005

News
Features
Stocks
Port Info
Archives
Google

Group Sites

Markets - Mutual Funds


Franklin launches Fixed Tenure Fund- Series II

MUMBAI: Franklin Templeton Investments (India) Ltd has launched a 60-month Fixed Tenure Fund-Series II plan, which would provide investors steady returns along with capital appreciation through equity exposure.

The new fund offer period is open till August 31 with an allotment date of September 9. The units would be available at Rs 10 per unit for cash at par, it said in a release.

The Chief Investment Officer (Equity), Mr Sukumar Rajah, said: "The fund would invest at least 70 per cent in debt instruments that are maturing in line with the duration of the fund. The balance 30 per cent will be invested in equities."

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page


Stories in this Section
Tata MF bets on contrarian style


Franklin launches Fixed Tenure Fund- Series II
Contra funds: Gaining ground
Bears reign
Sterlite Optical gains on order positions
Small-caps shine on BSE — Every 8th stock hits upper circuit
S Kumars Nationwide gains on retail and export focus
Media Video jumps on re-rating hopes
Buying interest in small, mid-caps salvages market


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright 2005, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line