Monday, June 23, 2008

Franklin Templeton MF Launches Fixed Tenure Fund -X- Plan A - June 23 , 2008

Franklin Templeton MF has rolled out Templeton Fixed Tenure Fund -X-Plan A. It is a close - ended income fund with maturity of 3 years. 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.

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