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Franklin Templeton MF Revises Load Structure of Templeton IBA

Franklin Templeton Mutual Fund has revised the load structure of Templeton India Income Builder Plan - B . Currently the scheme charges an exit load of 0.50% for investments upto Rs.10 lakhs, if redeemed within 6 months, 0.25% for amount above Rs. 10 lakhs, if redeemed within 3 months. Effective March 3, 2008 the AMC plans to revise the investment slab from Rs. 10 lakhs to Rs. 50 lakhs.