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Franklin Templeton MF: Revision of Exit Load under some Debt Schemes


Franklin Templeton MF has notified a revision of exit loads applicable under 3 of its debt schemes - Templeton India Income Fund, Templeton India Income Builder Account and Templeton India Short Term Income Plan, effective from January 05, 2009.

The exit load now applicable under the schemes is 0.50% if units are redeemed within 6 months in case of Templeton India Income Fund and Templeton India Income Builder Account or 3 months in case of Templeton India Short Term Income Plan.

Earlier, a variable exit load ranging from 0% to 0.50% was applicable under the schemes.