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Franklin Templeton Launches New Fixed Horizon Fund

Franklin Templeton is launching a new Fixed Horizon Fund: Templeton Fixed Horizon Fund – Series VIII Plan D. The NFO will be open between May 16, 2008 and May 22, 2008.

The plan offers Growth and Dividend Options. The maturity date for the fund is 367 days from the date of allotment. Purchase in Plan D should be for minimum of Rs 5000.