Franklin Templeton MF files offer document
Name of Fund: Franklin Templeton Fixed Tenure Fund - Series IX
Scheme: A close-ended Income scheme
Objective: The scheme seeks to generate returns and reduce interest rate volatility through a portfolio of fixed income securities with a maturity profile generally in line with the funds duration along with capital appreciation through equity exposure.
Face Value during NFO: Rs 10 per unit subject to applicable load.
Investment Options: The scheme offers two plans.
Plan A: three years from the date of allotment
Plan B: five years from the date of allotment
Each Plan has two options, growth and dividend (payout) option.
Entry Load: The scheme will charge up to 4% as maximum sales/entry load on purchase including switch-in.
Exit load:
| Redemption period (from the date of allotment) | As a % of NAV | |
| Plan A | Plan B | |
| Up to 18 months | 2.50% | 3% |
| After 18 months but before 30 months | 1.50% | 2.50% |
| After 30 months but before maturity (in case of Plan A)/before 42 months (in case of Plan B) | 0.50% | 2.00% |
| After 42 months but before 54 months | N.A. | 1% |
| After 54 months but before maturity | N.A. | 0.50% |
| On maturity | 0% | 0% |
Asset Allocation:
Plan A: The scheme will invest 80-100% in debt securities and money market instruments. 0-20% in equities and equity linked instruments.
Plan B: The scheme will invest 70-100% in debt securities and money market instruments. 0-30% in equities and equity linked instruments.
Minimum Investment Amount: The minimum investment amount under regular plan is Rs 25000 and in multiple of Re 1 thereafter. Under institutional plan, the minimum investment amount is Rs 25,00,000 and in multiple of Re 1 thereafter. There is no upper limit.
Benchmark Index:
Plan A: 20% S&P CNX 500 + 70% Crisil Composite Bond Fund Index + 10% Crisil Liquid Fund Index.
Plan B: 25% S&P CNX 500 + 65% Crisil Composite Bond Fund Index + 10% Crisil Liquid Fund Index.
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