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Templeton India Income Fund Announces New Load Structure


Templeton India Income Fund, a medium-term debt fund has announced new load structure with effect from November 15, 2001. For amount upto Rs 10,00,000, an exit load of 0.50 per cent will be charged if redeemed within six months. And for amount above this limit but withdrawn within three months, an exit load of 0.25 per cent will be applicable.

Previously, the fund charged 0.50 per cent on redemption within six months, irrespective of investment slab.