Franklin Templeton Mutual Fund has announced a change in the load structure of Franklin India Flexi Cap Fund. Effective March 14, 2005 the fund would charge an entry load of 2.25%, irrespective of the investment amount and it would not charge any exit load.
Currently, the fund has an entry load of 2.25% for investment upto Rs. 5 Crore and an entry load 0.50% for investment above Rs. 5 Cr. It charges an exit load of 1% for redemption within an year, for investment above Rs. 5 Cr.