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Dividend Announced in Franklin India Flexi Cap & Franklin FTF Series-IV


Franklin Templeton Mutual Fund has announced a dividend of 30 per cent under Franklin India Flexi Cap Fund. This is the third dividend payout from the fund since its launch. Earlier it had declared a dividend of 20 per cent and 25 per cent in March 2006 and May 2007 respectively.

Also the AMC has announced a dividend of 7 per cent under the dividend option of Franklin Templeton Fixed Tenure Fund Series IV-60 Months Plan.

The record date for both the schemes has been fixed as March 12, 2008. There will be a one-day book closure in both the funds on March 13, 2008 and will reopen for fresh purchases and redemptions on March 14, 2008.