Fund News

Franklin Templeton Announces Dividends

Templeton Mutual Fund has announced dividends under the monthly dividend plans of four of its scheme

Templeton Mutual Fund has announced dividends under the monthly dividend plans of four of its schemes ­ Templeton India Income Builder Account, FT India Monthly Income Plan, FT India Gilt Fund and Templeton India Short-Term Income Plan. In Templeton India Income Builder Account, a dividend of 1 per cent (Rs.0.10 per unit of face value of Rs.10) has been declared. A monthly dividend of 0.75 per cent (Rs.0.075 per unit of face value of Rs.10) has been declared under FT India Monthly Income Plan. In FT India Gilt Liquid, a dividend of 0.50 per (Rs.0.05 per unit of face value of Rs.10) has been declared and a dividend of 0.6 per cent (Rs.6 per unit of face value of Rs.1000) under Templeton India Short Term Income Plan.

All investments in these options as on October 25, 2002 were eligible for these dividends.

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