Franklin Templeton Mutual Fund India
Franklin Templeton mutual fund is sponsored by Franklin Templeton investments, and it started its work in India in 1996 as Templeton asset management India Pvt limited.
It is a global investment company, which starts working in India because India has wide range of opportunities to investment so every multinational company tried to set its foot in this land of opportunities.
This company introduced so many mutual schemes, which are open ended and close ended.
These schemes successfully run in the India and investor happily invests its sources without any hesitation because of the name of the company. Franklin divided its fund in different categories for the convenience of the investor, some funds are short term and some are long term, it is up to the customer in which category he wants to invest its money.
These funds are form the open-ended scheme such as Asian equity fund, fmcg fund, blue-chip fund, flexi cap fund, international fund, opportunities fund, monthly income plan, children asset plan and some close-ended funds are aretaxshield97, taxshield98 and taxshield99.
These funds give great profit of that investor who invests for long term funds because in long-term scheme, the risk factor is low and profit is high. The Franklin Asian equity fund India is one of best fund series, which provide a good profit because it invest the money in Asian companies, which have great potential of income. Japan is not included in the Asian companies.
This fund is from open-ended scheme and its risk factor depend on the market, if the market crash so the funds also and if the market goes high the fund. However, this kind of fluctuation does not give tension to the long-term investors. This fund is only suitable for big investor who wants to save his money with some extra profit.
The company also introduced some monthly basis profit plans, which suits those people who want to take profit on monthly basis. This monthly income plan provide regular income by investing in the high quality fixed income securities with high risk because it invests the low portion of its fund money in the equities.
The fund belongs to the family of open-ended fund scheme, and the plan of the fund is monthly, quarterly, bonus and growth option. The short term mutual funds are also available by the company such as taxshield97, the main objective of the fund is to provide the medium to long term of growth with income tax.
This fund belongs to the close-ended scheme. Its risk level is low and entry or exit load is nil. Therefore, the fund is suitable for low profile people who want to invest their money for short-term period.
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