Franklin Templeton Mutual Fund launches Franklin India Medium to Long Duration Fund

NFO period: 03^rd September - 17^th September, 2024

Highlights of the NFO:

• Scheme type - An open ended medium term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 4 years to 7 years


• Investment objective - The investment objective of the scheme is to generate returns by investing in debt and money market instruments such that the Macaulay duration of the scheme portfolio is between 4 to 7 years. However, there can be no assurance that the investment objective of the scheme would be achieved.


• Product suitability - This product is suitable for investors who are seeking income generation/ capital appreciation over the medium to long term by investing predominantly in debt and money market instruments with portfolio Macaulay duration between 4 and 7 years.


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


• Plan/ Options available - Regular plan & Direct plan having Growth Option and Income Distribution cum Capital Withdrawal (IDCW) Option (with Payout of Income Distribution cum capital withdrawal option and Reinvestment of Income Distribution cum capital withdrawal option).


• Fund Manager - Ms. Chandni Gupta and Mr. Anuj Tagra


• Benchmark - CRISIL Medium to Long Duration Debt A-III Index