Franklin Templeton launches Build India Fund

Franklin Templeton Investments (India), is launching a new open end equity fund called Franklin Build India Fund (FBIF). The fund invests in companies operating in various sectors that are critical for building the Indian economy.
The New Fund Offer will be open from July 10 and will close on August 8.
During the NFO period, units will be available at Rs.10 per unit (plus applicable load).
Franklin Build India Fund provides investors a single point access to a portfolio of companies taking advantage of these multiple themes and helps them benefit from the potential to generate superior risk-adjusted returns over the long term. It provides adequate diversification compared to a single sector fund.

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