Franklin Templeton Mutual Fund launches Franklin India Long Duration Fund

NFO period: 20^th November - 04^th December, 2024

Highlights of the NFO:

• Scheme type - An open-ended debt scheme investing in instruments such that the Macaulay duration of the portfolio is greater than 7 years


• Investment objective - The investment objective of the scheme is to generate returns by investing in debt and money market instruments such that the Macaulay duration of the scheme portfolio is greater than 7 years. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.


• Product suitability - This product is suitable for investors who are seeking income generation/ capital appreciation over the long term by investing predominantly in debt and money market instruments with portfolio Macaulay duration of greater than 7 years.


• Minimum Application Amount - First investment is Rs. 5,000/- and in multiples of Rs. 1/- thereafter


• Plan/ Options available - Regular plan & Direct plan having Growth Option and Income Distribution cum Capital Withdrawal (IDCW) Option (with Payout of Income Distribution cum capital withdrawal option and Reinvestment of Income Distribution cum capital withdrawal option).


• Fund Manager - Ms. Chandni Gupta and Mr. Anuj Tagra


• Benchmark - CRISIL Long Duration Debt A-III Index