Franklin India High Growth Companies | Value Research After a while we have a new fund offering on the equity side from this AMC. The new fund offer will be open between May 31 and June 29
Fund News

Franklin India High Growth Companies

Franklin Templeton has come out with a new offering - Franklin India High Growth Companies Fund. An open-end diversified equity fund that seeks to achieve capital appreciation through investments in Indian companies/sectors with high growth rates or potential.

The fund's focus will be on companies offering the best trade-off between growth, risk and valuation. The fund manager will be looking for sustainable competitive advantages - proprietary intellectual property, strong management, distribution/cost advantages or entry barriers specific to the respective sector. The fund will be managed based on a mix of top-down (macro analysis to identify sectors) and bottom up approach (micro analysis to pick stocks within these sectors).

Between 70% to 100% of the portfolio allocation will be in equities and equity-linked instruments. Debt securities, securitised debt and money market instruments will comprise 0% to 30% of the portfolio.

A maximum of 35% of the net assets of the scheme can be invested in foreign securities while exposure to derivatives can go up to a maximum of 50%.

Issue opens: May 31, 2007
Issue closes: June 29, 2007
Options: Growth, Dividend Reinvestment, Dividend Payout
Cost per unit: Rs 10
Minimum investment: Rs 5,000
Fund Managers: K N Sivasubramanian, Anand Radhakrishnan
Entry load: 2.25%
Exit load: 0.5% for redemption within 6 months of allotment

Other Categories