Franklin Templeton NFO: Franklin Templeton is issuing its New Fund Offer named “Franklin India Fixed Maturity Plans-Series 5 – Plan C (1259 days)” from 12-Dec-2018 to 18-Dec-2018.
According to Franklin Templeton Mutual Fund, this plan is suitable for the investors who are seeking:-
- Income over the term of the plan, and
- A fund that invests in Debt/Money Market Instruments
About Franklin Templeton NFO
| Name of the Scheme | Franklin India Fixed Maturity Plans – Series 5 (FIFMP-5) |
|---|---|
| Fund House | Franklin Templeton Mutual Fund |
| Scheme Type | Close-Ended |
| Scheme Category | Income |
| Plans | Regular Plan and Direct Plan – Both Plans offer Growth Option and Dividend Option. |
| Issue Starts | 12-Dec-2018 |
| Issue Closes | 18-Dec-2018 |
| NFO Unit Price | Rs 10 Per Unit |
| Minimum Investment | Rs 5,000 |
| Entry Load | No |
| Exit Load | No |
| Investment Manager | Franklin Templeton Asset Management (India) Pvt. Ltd. |
Objectives of Scheme (Franklin Templeton NFO)
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.
Proposed Asset Allocation of the Scheme
The proposed asset allocation of the scheme, as given by the fund house, is given as follows:
For plans with tenure less than or equal to 400 Days:
|
Type of Security |
Normal Allocation |
Risk Profile |
|---|---|---|
|
Debt*# & Money Market Instruments |
0% – 100% |
Low to medium |
For Plans with tenure of 401 days up to 3 years:
|
Type of Security |
Normal Allocation |
Risk Profile |
|---|---|---|
|
Debt Instruments*# |
70% – 100% |
Low to medium |
|
Money Market Instruments |
0% – 30% |
Low |
For Plans with tenure greater 3 years:
|
Type of Security |
Normal Allocation |
Risk Profile |
|---|---|---|
|
Debt Instruments*# |
80% – 100% |
Low to medium |
|
Money Market Instruments |
0% – 20% |
Low |
* including Government Securities, Securitised Debt up to 50% and exposure in derivatives up to a maximum of 50%. The Scheme shall not invest in foreign securitized debt.
# Includes CDs issued by All India Financial Institutions recognized by RBI, such as NABARD, SIDBI, Exim Bank, NHB for tenors in excess of one year.
According to the fund house, the Scheme will not invest/ have exposure in the following:
- Foreign securities
- Repos in corporate debt securities
- Short Selling
- Securities Lending
- Credit Default Swaps transactions
(Read: NFO: New Fund Offer of Mutual Funds)
About Franklin Templeton
Franklin Templeton Investments is a well known global investment firm. It was founded in New York City in the year 1947 and currently headquartered in San Mateo, California. This company is operating in 25 countries across the world with more than 600 investment professionals.
It entered Indian Financial Market in the year 1996 and operating since as one of the leading asset management firms in India. As of 30 September 2018, it has Rs 110,400 crores as Asset Under Management (AUM).
Address: Indiabulls Finance Centre, Tower 2, 12th and 13th Floor, Senapati Bapat Marg, Elphinstone Road (West), Mumbai 400013.
Website: www.franklintempletonindia.com
Please click here to read the scheme related document.
Disclaimer: This post is just an information about the scheme. It does not give any advice or recommendation. Mutual Fund investments are subject to market risk. Please read the offer document carefully before investing.
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Tags: #NFO #Mutual Fund #New Mutual Fund #Franklin Templeton NFO #New Fund Offer
