Franklin Templeton MF launches Templeton Fixed Horizon Fund

Franklin Templeton MF launches Templeton Fixed Horizon Fund

Name of Fund: Templeton Fixed Horizon Fund - Series VII - Plan C

Scheme: It is a close - ended income fund

Objective: The investment objective of the scheme would be to generate returns and reduce interest rate volatility, through a portfolio of fixed income securities with a maturity profile generally in line with the fund's duration.

Fund Opens: 13 March 2008

Fund Closes: 18 March 2008

Face Value: Rs 10 per unit.

Investment Options: The scheme offers growth and dividend option.

Entry Load: The scheme will not charge any entry load.

Exit load: It may charge an exit load of 2.5% if investor redeems within 6 months, it get reduced to 2.0% if redemption is done after 6 months but before 9 month from the date of allotment. The scheme may charge a 1.5% an exit load for the redemption made after 9 months but before maturity. On maturity and during 4 calendar days prior to maturity, it may not ask for any exit load.

Minimum Investment Amount: The minimum investment amount under retail plan is Rs 5000 and in multiple of Re 1 thereafter. Under institutional plan, the minimum investment amount is Rs 1 crore and in multiple of Re 1 thereafter.

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