Name of Fund: Franklin Templeton Fixed Tenure Fund -Series IX-Plan A
Scheme: It is a close - ended income fund. The scheme will be having maturity of 3 years from the date of allotment.
Objective: The investment objective of the scheme would be to generate returns and reduce interest rate volatility, through a portfolio of fixed income securities with a maturity profile generally in line with the fund's duration along with capital appreciation through equity exposure.<>Fund Opens: 15 April 2008
Fund Closes: 30 April 2008
Face Value: Rs 10 per unit.
Investment Options: The scheme offers growth and dividend option. Dividend option further provides dividend payout facility.
Entry Load: The scheme will not charge any entry load as the scheme is of close ended nature.
Exit load: The scheme will charge an entry load of 2.5% for the redemption done up to 18 months from the date of allotment. It comes down to 1.5%, if redemption of investment is made after 18 months but before 30 months. If redemption of units is made after 30 months but before maturity, the scheme will levy 0.5% an exit load. No exit load will be charged for the switch out/ redemption on maturity.
Minimum Investment Amount: The minimum investment amount is Rs 10000 and in multiples of Re 1 thereafter.
Minimum Subscription amount: The scheme seeks to collect Rs.1 crore.
Asset allocation: The scheme may invest 80- 100% in debt securities and money market instruments. It will invest 0-20% in equity and equity-linked instruments. The exposure in government securities and securitised debts shall be up to 100%. The scheme makes investment in ADR/GDR/foreign securities up to 40% of the equity/ debt portion, exposure in derivatives up to a maximum of 50%.
Benchmark Index: 20% S&P CNX 500 + 70% Crisil Composite Bond Fund Index + 10% Crisil Liquid Fund Index.
Fund Manager: Ninad Deshpande and Pallab Roy for the debt portion and Anand Radhakrishnan for the equity portion.
Scheme: It is a close - ended income fund. The scheme will be having maturity of 3 years from the date of allotment.
Objective: The investment objective of the scheme would be to generate returns and reduce interest rate volatility, through a portfolio of fixed income securities with a maturity profile generally in line with the fund's duration along with capital appreciation through equity exposure.<>Fund Opens: 15 April 2008
Fund Closes: 30 April 2008
Face Value: Rs 10 per unit.
Investment Options: The scheme offers growth and dividend option. Dividend option further provides dividend payout facility.
Entry Load: The scheme will not charge any entry load as the scheme is of close ended nature.
Exit load: The scheme will charge an entry load of 2.5% for the redemption done up to 18 months from the date of allotment. It comes down to 1.5%, if redemption of investment is made after 18 months but before 30 months. If redemption of units is made after 30 months but before maturity, the scheme will levy 0.5% an exit load. No exit load will be charged for the switch out/ redemption on maturity.
Minimum Investment Amount: The minimum investment amount is Rs 10000 and in multiples of Re 1 thereafter.
Minimum Subscription amount: The scheme seeks to collect Rs.1 crore.
Asset allocation: The scheme may invest 80- 100% in debt securities and money market instruments. It will invest 0-20% in equity and equity-linked instruments. The exposure in government securities and securitised debts shall be up to 100%. The scheme makes investment in ADR/GDR/foreign securities up to 40% of the equity/ debt portion, exposure in derivatives up to a maximum of 50%.
Benchmark Index: 20% S&P CNX 500 + 70% Crisil Composite Bond Fund Index + 10% Crisil Liquid Fund Index.
Fund Manager: Ninad Deshpande and Pallab Roy for the debt portion and Anand Radhakrishnan for the equity portion.
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