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Franklin Templeton Revises Load Structure


Franklin Templeton Mutual Fund has revised the load structure under Franklin FMCG Fund, Franklin Pharma Fund, Franklin Infotech Fund and FT India Balanced Fund with effect from October 22, 2007. For all the above plans the fund would charge an entry load of 2.25% for investment less than Rs. 5 crores and for investment less than 5 crores an exit load of 1% would be charged if the investment is redeemed within six months from the date of allotment and 0.50% if the investment is redeemed after six months but within one year from the date of allotment. While, for investment equal to or greater than Rs. 5 crores an exit load of 1% would be charged if the units are redeemed within one year from the date of allotment.