Franklin Templeton’s Bluechip And Prima Funds to complete 20 years

India Infoline News Service | Mumbai |

The two schemes were the first to be launched in December 1993 after the mutual fund industry was thrown open to the private sector

India’s first two private sector mutual fund schemes, Franklin India Bluechip Fund (FIBCF) and Franklin India Prima Fund (FIPF), will soon complete two decades of consistent performance. The two schemes were the first to be launched in December 1993 after the mutual fund industry was thrown open to the private sector.

Speaking on the occasion, Harshendu Bindal President, Franklin Templeton Investments India said, “We are proud that two of our schemes have helped investors achieve their financial goals over the past twenty years. To perform consistently over two decades is a commendable achievement and is a testimony to the time-tested investment philosophy of Franklin Templeton and a reflection of the depth and experience of our investment team, who have been managing these funds through this period. This is a landmark event not just for Franklin Templeton, but for the entire Indian mutual fund industry.”


 

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