Thursday, July 18, 2019

Franklin India Fixed Maturity Plans – Series 6 – Plan D (1097 days) Floats On

                                 

Franklin Templeton Mutual Fund has launched a new fund named as Franklin India Fixed Maturity Plans – Series 6 – Plan D (1097 days), a close-ended debt fund. The tenure of the scheme is 1097 days from the date of allotment of units. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The new issue will be open for subscription from 18 July 2019 to 23 July 2019.

The investment objective of the Scheme is to seek to generate income by investing in a portfolio of fixed income securities/ debt instruments maturing on or before the maturity of the Scheme.

The scheme offers growth plan, dividend plan (with payout facility), growth plan-direct and dividend plan-direct (with payout facility). Further, Plan (s) with a maturity of over 365 days also offers quarterly dividend (payout facility only) and quarterly dividend-direct (payout option only).



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