Franklin Templeton Mutual Fund has announced 11 December 2008 as the record date for declaration of dividend in Templeton Fixed Horizon Fund – Series X – Plan C (TFHF – Series X – Plan C) on face value of Rs 10 per unit.The fund house has decided to distribute 100% of surplus as on record date as reduced by the amount of applicable statutory levy. Templeton Fixed Horizon Fund-Series X-Plan C is a close ended income scheme with an objective 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.
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