Franklin Templeton MF introduces Multi Cap Fund
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Franklin Templeton Mutual Fund has launched Franklin India Multi Cap Fund, an open-ended scheme investing across large cap, midcap and small cap stocks. The NFO opens for subscription on July 08, 2024 and closes on July 22, 2024. No Entry Load shall be charged for the scheme. The Exit Load: In respect of each purchase of Units - 1% if the Units are redeemed/switched-out within one year of allotment. The minimum subscription amount is Rs 5,000 and in multiples of Rs 1 thereafter.
The performance of the Scheme is measured against Nifty 500 Multi Cap 50:25:25 Total Returns Index and its fund managers are R. Janakiraman, Kiran Sebastian, Akhil Kalluri and Sandeep Manam (Dedicated Foreign Fund Manager).
The investment objective of the scheme is to generate long-term capital appreciation by investing in a portfolio of equity and equity related securities of large cap, midcap and small cap companies.
