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Franklin Tempoleton Changes Fund Managers for Two Equity Funds

Franklin Templeton Mutual Fund has announced a change in the fund managers of Templeton India Growth and India Equity Income with effect from November 23, 2012 to comply with the SEBI regulation pertaining to all investment operation carried out within India as the existing fund manager Dr. Mark Mobius is based outside India.

The new fund manager for Templeton India Growth is Chetan Sehgal and for India Equity Income Chetan Sehgal along with Vikas Chiranewal.