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Templeton India MMA to be merged with TMA


Franklin Templeton Mutual Fund has announced that Templeton India Money Market Account (TIMMA) will be merged into Templeton India Treasury Management Account (TITMA) Liquid Plan, with effect from October 22, 2010.

- The Dividend and Bonus options under TIMMA are proposed to be merged into Daily Dividend Reinvestment and Growth options under TITMA Liquid Plan, respectively.

- The portfolio of TIMMA will be merged with the portfolio of TITMA Liquid Plan.