Templeton India Treasury Management Account: Change in Asset Allocation

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.