Friday, August 8, 2008

Franklin Templeton MF Declares Dividend - Aug 08 , 2008

Franklin Templeton Mutual Fund has announced 12 August 2008 as the record date for declaration of dividend in Templeton Quarterly Interval Plan-Plan A (TQIP-Plan A) on face value of Rs 10 per unit. The fund house has decided to distribute 100% of surplus available under its both retail and wholesale plans as on record date.

Templeton Quarterly Interval Plan-Plan A (TQIP-Plan A) is an interval income fund. The investment objective of the scheme is to generate returns and reduce interest rate volatility, through a portfolio of fixed income securities. The scheme charges no exit or entry load on the scheme.

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