NFO: Franklin Build India Fund
Franklin Templeton Asset Management (India) Pvt. Ltd. has launched new fund offer named Franklin Build India Fund. It is an open ended equity diversified fund that has the objective to achieve capital appreciation through investments in companies engaged either directly or indirectly in infrastructure-related activities.
- Fund Type: Open-Ended
- NFO Starts: 10th July, 2009
- NFO Ends: 8th Aug, 2009
- Entry load: 2.25%
- Exit Load: 1% if redeemed within 1 year
- Fund manager: Anand Radhakrishnan
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The Scheme does sound thematic in nature but is more like a Diversified Equity Fund because of its Huge Coverage of Sectors and thus merits attention.
Fund Managers Anand Radhakrishnan & Roshni jain have had a good track record and provide comfort.
Investors willing with a horizon of 3 years can consider investing in the Fund, especially through SIP.
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