Franklin Templeton Mutual Fund Announces Change In Exit Load Structure

07-Jan-25   12:28 Hrs IST
Franklin Templeton Mutual Fund has announced change in exit load structure under following scheme stands revised with effect from 06 January 2025

Change in Exit Load:

Name of the Scheme Existing Provisions Revised Provisions
Franklin India Arbitrage Fund 0.25% if redeemed / switched out within 30 days from the date of allotment and Nil thereafter In respect of each purchase of Units ' ' NIL Exit load ' for 10% of the units purchased or switched on or before 30 days from the date of allotment.
o The 'First In First Out (FIFO)' logic will be applied while selecting the units for redemption
o Waiver of Exit load is calculated for each inflow transaction separately on FIFO basis and not on the total units through multiple inflows
o The load free units from purchases made subsequent to the initial purchase will be available only after redeeming all units from the initial purchase
' All units redeemed /switched-out in excess of the 10% load free units will be subject to the below mentioned exit load. o 0.25% - if Units are redeemed/switched-out on or before 30 days from the date of allotment
o Nil - if redeemed after 30 days from the date of allotment

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