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FIPP to Pay Special Dividend on 10th Anniversary


Franklin Templeton has announced a special dividend to mark the 10th anniversary of one of its top performing funds, the Franklin India Prima Plus (FIPP). The fund was launched in September 1994. October 27, 2004, has been fixed as the record date for the dividend. It may be mentioned here that FIPP is the third fund of Franklin Templeton to complete 10 years of existence. The other two funds are Franklin India Bluechip and Franklin India Prima.