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Merger of Franklin FMCG and Franklin Pharma into Franklin India Prima Plus


Franklin Templeton Mutual Fund has announced the merger of Franklin FMCG Fund(FFF) and Franklin Pharma Fund (FPF) into Franklin India Prima Plus (FIPP), with effect from September 9, 2011.
Investors in both these funds have been given an option to exit at the prevailing Net asset Value without any exit load. The period of this no load exit offer is valid from August 8, 2011 to August 9, 2011.
All systematic transactions including Systematic Transfer Plan (SIP), Systematic Transfer Period (STP), Dividend Transfer Period (DTP) or Systematic Withdrawal Plan (SWP) will continue under Prima Plus for its balance tenure subsequent to the merger.
If investors do not wish to continue the systematic transactions under Prima Plus, they are required to intimate the fund house in writing their unwillingness to continue the said facilities post merger latest by September 9, 2011.