NFO Alert: Franklin Templeton Mutual Fund launches long-duration fund
Franklin Templeton Mutual Fund has launched the Franklin India Long Duration Fund, an open-ended debt scheme that invests in instruments such that the Macaulay Duration of the portfolio is greater than seven years.
The New Fund Offer (NFO) for the scheme is open for subscription and will close on December 4.
The investment objective of the scheme is to generate returns by investing in debt and money market instruments, ensuring the Macaulay duration of the portfolio exceeds seven years.
Best MF to invest
Looking for the best mutual funds to invest? Here are our recommendations.
View Details» <div data-placement=«Mid Article Thumbnails» data-target_type=«mix» data-mode=«thumbnails-mid» style=«min-height:400px; margin-bottom:12px;» class=«wdt-taboola» id=«taboola-mid-article-thumbnails-115481331»>
To achieve this objective, the scheme aims for long-term capital appreciation with income by investing in debt and money market instruments, while maintaining a portfolio with a Macaulay duration greater than seven years. The portfolio will be actively managed to generate income, focusing on an optimal balance between yield, safety, and liquidity.
The scheme will offer both regular and direct plans, with growth and IDCW (Income Distribution cum Capital Withdrawal) options, and will be benchmarked against the CRISIL Long Duration Debt A-III Index. Chandni Gupta and Anuj Tagra will manage the scheme.
Web Development
Advanced C++ Mastery: OOPs and Template Techniques
By — Metla Sudha Sekhar, IT Specialist and Developer
Data Science
MySQL for Beginners: Learn Data Science and Analytics Skills
By — Metla Sudha Sekhar, IT Specialist and Developer
Leadership
Business Storytelling Masterclass
By — Ameen Haque, Founder of Storywallahs
Web
