Franklin Templeton Mutual Fund has planned to revise the exit load structure under its schemes, Templeton India Ultra short Bond Fund and Templeton Floating Rate Income Fund - Long Term Plan. As per the revision, Templeton India Ultra-short Bond Fund will not charge any exit load and Templeton Floating Rate Income Fund - Long Term Plan will charge an exit load of 0.25 per cent if the investments are redeemed within 30 days from the date of allotment. The revision is effect from 30th June, 2010. Both the schemes are managed by Mr. Sachin Padwal-Desai & Mr. Pallab Roy and benchmarked against CRISIL Liquid Fund Index.
|