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Change In Load Structure of Templeton Funds

Change In Load Structure of Templeton Funds

Templeton Mutual Fund has announced changes in the load structure of the following funds with effect from October 1, 2001.

Templeton India Growth Fund and Franklin India Growth Fund:
  Amount (Rs.)      Entry Load  Exit Load *
  "Upto 1,99,999/-"   2.00% 0.00%
  "2,00,000 - 24,99,999"   1.00% 1.00%
  "25,00,000 and above"   0.00% 2.00%
* If redeemed within 1 year

   

Franklin India Index Fund:
  Amount (Rs.)    Entry Load  Exit Load *
  Upto Rs. 10 Lakhs  0.00% 1.00%
  Above Rs. 10 Lakhs  0.00% 0.00%
 
* If redeemed within 12 months

   

Franklin India Balanced Fund:
  Amount (Rs.)      Entry Load  Exit Load *
  "Upto 1,99,999/-"   1 0
  "2,00,000 - 24,99,999"   0.5 0.5
  "25,00,000 and above"   0 1
* If redeemed within 12 months  

   

Templeton Monthly Income Plan:
  Amount (Rs.)  Entry Load  Exit Load *
  "Upto Rs. 10,00,000/-" 0.00% 0.50% *
  "Rs. 10,00,001 and above" 0.00% 0.00%
 
* CDSC, if redeemed within 6 months of investment.

   

Templeton India Government Securities Fund:
  Amount (Rs.)  Entry Load  Exit Load *
  "Upto Rs. 10,00,000/-" 0.00% 0.50% *
  "Rs. 10,00,001 and above" 0.00% 0.00%
 
* CDSC, if redeemed within 6 months of investment.

   

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