Franklin Templeton Mutual Fund has announced the merger of Templeton MIP (Half Yearly Dividend and Growth Plan) with FT India MIP Plan-B, with effect from March 19, 2010.
The investors under Templeton MIP (Half Yearly Dividend and Growth Plan) and FT India MIP Plan will be allowed to exit between February 18, 2010 to March 19, 2010 without any exit load.
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Zero tax for foreigners, a tax on inflation for Indians
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