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Change in exit load of Franklin Templeton MF Schemes

Franklin Templeton Mutual Fund has decided to revise the exit load in respect of each purchase of Units of the below mentioned schemes with effect from April 25, 2016:

Scheme NameExisting Exit LoadRevised Exit Load
Franklin India Banking & PSU Debt Fund0.50% if redeemed within 6 monthsNIL
Franklin India Savings Plus Fund0.50% if redeemed within 90 daysNIL

All prior investments,however, continue to be subject to the load structure applicable at the time of respective investment.