BMA Wealth
Download Mobile Trading App
Franklin India Fixed Maturity Plans - Series 3 - Plan F (1098 days) Floats On
(10:43, 12 Jun 2018)
Franklin Templeton Mutual Fund has launched a new fund named as Franklin India Fixed Maturity Plans - Series 3 - Plan F (1098 days), a closed ended debt fund. The tenure of the scheme is 1098 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 11 June to 12 June 2018.

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).

The scheme shall invest 80%-100% of assets in debt instruments with low to medium risk profile and invest upto 20% of assets in money market instruments with low risk profile.

The minimum application amount is Rs 5000 and in multiples of Re 1 thereafter.

The fund seeks to collect a minimum subscription (minimum target) amount of Rs 20 crore under the scheme during the NFO period.

Entry Load & exit load are not applicable.

Benchmark Index for the scheme will be CRISIL Composite Bond Fund Index.

Umesh Sharma and Sachin Padwal Desai are the fund managers for the scheme.

Powered by Capital Market - Live News

 1860-3000-1099
 Customercare@bmastock.com
  • Investors can lodge their complaints at investor.complaints@bmastock.com   SCOREs Portal
  • SEBI Regn. No : NSE: INZ000184733 | NSE FO : INZ000184733 | NSE CD: INZ000184733 | BSE: INZ000184733 | NCDEX : 00523 | MCX : 28055
  • Copyright © 2016 BMA WEALTH CREATORS LTD. All rights reserved Designed, developed & powered by C-MOTS Infotech (ISO 9001:2015 certified)