Franklin Templeton Mutual Fund has revised the exit load of the following schemes.
scheme Name | Existing Exit Load | Revised Exit Load |
Franklin India Income Opportunities Fund | 3% if redeemed within 6 months 2% if redeemed between 6 months and 12 months 1% if redeemed between 12 months and 18 months | 3% if redeemed within 12 months 2% if redeemed between 12 months and 18 months 1% if redeemed between 18 months and 24 months |
Franklin India Corporate Bond Opportunities Fund | 3% if redeemed within 12 months 2% if redeemed between 12 months and 24 months 1% if redeemed between 24 months and 30 months | 3% if redeemed within 12 months 2% if redeemed between 12 months and 24 months 1% if redeemed between 24 months and 36 months |
Franklin India Income Fund | 0.5% if redeemed within 3 months | 3% if redeemed within 12 months 2% if redeemed between 12 months and 24 months 1% if redeemed between 24 months and 36 months 0.5% if redeemed between 36 months and 48 months |
Franklin India High Growth Companies Fund, Franklin Build India Fund & Franklin Infotech Fund | 1% if redeemed within 1 year | 1% if redeemed within 2 years |
Franklin Asian Equity Fund | 1% if redeemed within 1 year | 1% if redeemed within 3 years |
Franklin India Feeder Franklin US Opportunities Fund, Franklin India feeder-Franklin European Growth Fund | 1% if redeemed within 18 months | 1% if redeemed within 3 years |
The changes will be effective from September 01, 2014.