MUTUAL FUNDS
Franklin India Mutual Fund files offer document for Equity Savings Fund
Jun-26-2025
‘Franklin India Mutual Fund has filed offer document with SEBI to launch an open-ended fund investing scheme named ‘Franklin India Multi Asset Fund'. The New Fund Offer price for units would be at Rs 10 per unit during the NFO period. Entry load will be nil and Exit load- Upto  10%  of  the  Units  may  be  redeemed  without  any exit load within 1 year from the date of allotment; Any  redemption  in  excess  of  the  above  limit  shall  be subject to the following exit load- 0.50 % -if redeemed on or before 1 year from the date of allotment; Nil -if  redeemed  after  1  year  from  the  date  of allotment. The Scheme offers Growth Option and Income Distribution Cum Capital Withdrawal Option for investment,and seeks to collect a Minimum Target Amount of Rs 10 crore.

The performance of the scheme will be benchmarked by Composite Benchmark of 65% Nifty 500+ 20% Nifty Short Duration Index+ 5% Domestic price of gold+ 5% Domestic price of silver+ 5% iCOMDEX. The minimum application amount is Rs 5000 and in multiples of Re 1 thereafter.

The investment objective of the scheme is to generate long term capital appreciation by investing in equity and equity related instruments, debt & money market instruments and commodities.

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