Franklin Templeton MF announces Change in exit load

Franklin Templeton Mutual Fund has announced change in exit load structure under Franklin India Income Opportunities Fund, Franklin India Corporate Bond Opportunities Fund, Franklin India Income Fund, Franklin India High Growth Companies Fund, Franklin Build India Fund, Franklin Infotech Fund, Franklin Asian Equity Fund, Franklin India Feeder - Franklin U.S. Opportunities Fund and Franklin India Feeder - Franklin European Growth Fund, with effect from September 01, 2014.

Accordingly the revised exit load will be:

Franklin India Income Opportunities Fund:

If redeemed within 12 months from the date of allotment of unit, the exit load will be 3%.

If redeemed after 12 months but within 18 months from the date of allotment of unit, the exit load will be 2%.

If redeemed after 18 months but within 24 months from the date of allotment of unit, the exit load will be 1%.

Franklin India Corporate Bond Opportunities Fund:

If redeemed within 12 months from the date of allotment of unit, the exit load will be 3%.

If redeemed after 12 months but within 24 months from the date of allotment of unit, the exit load will be 2%.

If redeemed after 24 months but within 36 months from the date of allotment of unit, the exit load will be 1%.

Franklin India Income Fund:

If redeemed within 12 months from the date of allotment of unit, the exit load will be 3%.

If redeemed after 12 months but within 24 months from the date of allotment of unit, the exit load will be 2%.

If redeemed after 24 months but within 36 months from the date of allotment of unit, If redeemed within 12 months from the date of allotment of unit, the exit load will be 3%.

If redeemed after 12 months but within 24 months from the date of allotment of unit, the exit load will be 2%.

If redeemed after 24 months but within 36 months from the date of allotment of unit, the exit load will be 1%.

If redeemed after 36 months but within 48 months from the date of allotment, If redeemed within 12 months from the date of allotment of unit, the exit load will be 3%.

If redeemed after 12 months but within 24 months from the date of allotment of unit, the exit load will be 2%.

If redeemed after 24 months but within 36 months from the date of allotment of unit, the exit load will be 0.50%.

Franklin India High Growth Companies Fund, Franklin Build India Fund & Franklin Infotech Fund:

If redeemed within two years from the date of allotment, the exit load will be 1%.

Franklin Asian Equity Fund, Franklin India Feeder – Franklin U.S. Opportunities Fund & Franklin India Feeder – Franklin European Growth Fund:

If redeemed within three years from the date of allotment, the exit load will be 1%.

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