Franklin Templeton Mutual Fund launches Franklin India Fixed Maturity Plans Series 1 Plan C

NFO period: 12^th June – 15^th June, 2017

Highlights of the NFO:

• Scheme type – A Close-ended debt fund


• Investment objective – The investment objective of the scheme is to seek to generate income by investing in a portfolio of fixed income securities/ debt instruments maturing on or before the maturity of the scheme. However, there can be no assurance that the investment objective of the scheme will be realized.


• Product suitability – The product is suitable for investors who are seeking income over the term of the plan. A fund that invests in Debt/Money Market Instruments.


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


• Plan/ Options available – The scheme proposes to launch 3 Plans (A-C) under the scheme of tenure ranging between 85 days and 3700 days. The duration of the Plans under the Scheme will be decided at the time of launch.


• Each Plan under the Scheme offers following option:


• Growth


• Growth – Direct


• Dividend (with Payout Facility only)


• Dividend - Direct (with Payout Facility only)


Further, Plan(s) with a maturity of over 365 days also offers following additional option:


• Quarterly Dividend (Payout Option only)


• Quarterly Dividend – Direct (Payout Option only)


• Fund Manager – Mr. Umesh Sharma and Mr. Sachin Padwal-Desai


• Benchmark –


• For Plans with maturity period of 85 days up to 91 days – Crisil Liquid Fund Index.


• For Plans with maturity period of above 91 days up to 3 years – Crisil Short Term Bond Fund Index.


• For Plans with maturity period of above 3 years up to 7 years – Crisil Composite Bond Fund Index.


• For Plans with maturity period of above 7 years – I-sec Libex Index


• Maturity – 1104 days from the date of allotment