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Templeton India Treasury Management Account: Change in Asset Allocation


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Franklin Templeton Mutual Fund has announced the change in asset allocation pattern under Templeton India Treasury Management Account with effect from June 12, 2013.

Now the scheme will allocate 50-100% in money market instruments and rest in debentures (investment grade, privately placed etc.). Presently, the scheme invests 70-100% in money market instruments and rest in debentures (investment grade, privately placed etc.).

Dissenting investors can exit without paying any exit load between May 13, 2013 to June 11, 2013.