Franklin Templeton To Roll Out New scheme

Franklin Templeton Investments (India) is all set to unveil a new open end diversified equity fund called Franklin India High Growth Companies Fund (FIHGCF). The fund seeks to provide capital appreciation through investments in Indian companies / sectors with high growth rates. The New Fund Offer period will be from 31 May 2007 to 29 June 2007 during which, units will be available at Rs.10 per unit (plus applicable load).