MUTUAL FUNDS
Franklin Templeton AMC announces Modification in Maximum Application Amount
May-16-2026

Franklin Templeton Asset Management (India) (AMC) has announced addendum to the Scheme Information Documents and Key Information Memorandum of Schemes of Franklin Templeton Mutual Fund.

Franklin Templeton Mutual Fund has informed that in order to avoid breach of industry-wide overseas investment limits as allowed by SEBI and in terms with Para 13.11 of SEBI Master Circular for Mutual Funds dated March 20, 2026, it has been decided to temporarily change the maximum application amount under Franklin India Asian Equity Fund and Franklin U.S. Opportunities Equity Active Fund of Funds (Designated Scheme) with effect from May 18, 2026 as follows: 

1. Fresh/Additional Purchases through Lump sum mode & Switch into the Designated Scheme from any other schemes of Franklin Templeton Mutual Fund will be limited to Rs 5,00,000 per PAN level per month (first holder/ Guardian); 

2. Fresh registrations through Systematic Investment Plan (‘SIP’) and/or Systematic Transfer Plan (‘STP’) into the Designated Scheme will be limited to Rs 50,000 per PAN level per month (first holder/ Guardian).

Any transaction which will result in the breach of the above restriction will be completely rejected and refunded in due course. Partial amount will not be accepted.

The aforesaid restriction will not affect SIP or STP or such other special product registered prior to the effective date and the unitholders under IDCW Reinvestment Option. 

The total investment in overseas funds or securities across all schemes of FTMF shall be capped at the existing level as of February 1, 2022. As per the provisions of Scheme Information Document (SID) of the Schemes, the Trustees hold the right to discontinue subscriptions under the Schemes for a specified period of time or till further notice. 

All the other terms and conditions of the Scheme Information Document/ Key Information Memorandum of the aforesaid schemes, read with the addenda issued from time to time, will remain unchanged. 

This addendum forms an integral part of the Scheme Information Document/ Key Information Memorandum issued for the respective schemes, read with the addenda issued from time to time.


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