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Franklin MF to launch equity saving fund on Aug 3; offer to end Aug 17

2 August, 2018 12:00 PM
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Franklin MF to launch equity saving fund on Aug 3; offer to end Aug 17

The scheme will invest in equity and equity related securities, equity derivatives and arbitrage opportunities

Franklin Templeton Mutual Fund will launch an open-ended equity scheme, Franklin India Equity Savings Fund (FIESF), on August 3.

Subscription to the scheme will remain open until Aug 17, the fund house said in a statement.

The scheme will invest in equity and equity-related securities, equity derivatives and arbitrage opportunities.

It will also deploy a part of its corpus in debt and money market instruments.

Source: moneycontrol.com

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