Sunday, 27 November 2011

Templeton India Corporate Bond Opportunities Fund

Franklin Templeton Mutual Fund launched Templeton India Corporate Bond Opportunities Fund on 15th November, 2011. This is an open-ended income fund and the New Fund Offer (NFO) period closes on 29th November, 2011. The goal of the fund is to give regular income and capital appreciation to investors through investing in corporate bonds.


Investors: Those who wish to invest with moderate risk investments can invest in this new fund offer in this Templeton India Corporate Bond Opportunities Fund.

Face value of the fund: Face value of one single unit of Templeton India Corporate Bond Opportunities Fund is Rs. 10 at the NFO period and after the NFO period the fund can buy in Net Asset Value.

Minimum investment: The minimum required investment is Rs. 5000 and the multiples of Rs. 1000 thereafter in theNFO period. Tthe additional purchase in the post NFO period is  the multiples of Re. 1. The Fund plans to collect Rs. 1 crore in the NFO period and if the fund fails to collect the desired amount, they refund the amount within 5 business days after closing the NFO period.

Entry load & exit load: There is no entry load for Templeton India Corporate Bond Opportunities Fund. But there is 3% exit load if redeemed within one year of allotment of the fund and the exit load is 2% for a redemption in the second year and 1% exit load if the redemption occurred between 2 years and 2.5 years and afterwards there is no exit load.

Growth plan & Dividend Plan: The Templeton India Corporate Bond Opportunities Fund is in both growth plan and dividend plan and the dividend plan is further classified into dividend payout option and dividend reinvestment option. But if the dividend is Rs. 20 or less, it will reinvested compulsorily.

 Templeton India Corporate Bond Opportunities Fund


is suitable for moderate risk investors those who wish to invest in corporate bonds which gives a steady income and growth of their investments.

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