Franklin Templeton Revises Minimum Investment Amount

Franklin Templeton Mutual has revised the minimum investment amount under the institutional and super institutional plans of Templeton India Treasury Management Account and Templeton Floating Rate Income Fund Long Term Plan, respectively.

From now onwards minimum investment amount for the institutional plans of Templeton India Treasury Management Account and Templeton Floating Rate Income Fund Long Term Plan will be Rs. 1 crore. While, for super institutional plans of Templeton India Treasury Management Account and Templeton Floating Rate Income Fund Long Term Plan will be Rs. 5 crores. The change would come into effect from December 17, 2007.

(by value research)