Today's Top Gainer
Note:Top Gainer - Nifty 50 More
|Scheme Name||NAV(Rs.)||1m %||3m %||6m %||1y %||3y %|
|Franklin India Feeder - Franklin U.S. Opp. (G)||32.45||[1.11]||0||0||2.34||0|
|Franklin India Credit Risk Fund (G)||19.83||0.32||0||0||7.47||0|
|Franklin India G-Sec Fund (G)||43.63||0.33||0||0||15.38||0|
|Franklin India Short Term Income (G)||4,076.43||0.34||0||0||8.48||0|
|Franklin India Income Opportunities Fund (G)||22.77||0.35||0||0||7.96||0|
Tower 2, 12th and 13h Floor,
Senapati Bapat Marg,
Elphinstone Road(West), Mumbai-400013
202, Abhijit-III, Opp.Mayor's
Bunglow, Mithakhali six Roads,
Navrangpura, Ahmedabad - 380 009.
|Phone : 1-800-425 4255/6000 4255||Phone : 079-2646 2815/2646 0195.|
|Email : email@example.com||Email : firstname.lastname@example.org|
|Website : www.franklintempletonindia.com||Website : www.franklintempletonindia.com|
Franklin Templeton Mutual Fund
Franklin Templeton's association with India dates back to more t han a decade as an investor. As part of the group's major thrust on investing in markets around the world, the India office was set up in 1996 as Templeton Asset Management India Pvt. Limited. It flagged off the mutual fund business with the launch of Templeton India Growth Fund in September 1996, and since then the business has grown at a steady pace.
In July 2002, Franklin Templeton India acquired Pioneer ITI, another leading fund house in India to create an organization with rich investment experience over market cycles, one of the most comprehensive product portfolios, footprint across the country and an in-house shareholder servicing function. The huge synergies that existed in the two organizations have helped the business grow at a rapid pace, catapulting the company to among the top two fund houses in India.
Sponsor: Templeton International Inc.
Trustee: Franklin Templeton Trustee Services Pvt. Ltd.
Investment Manager: Franklin Templeton Asset Management (India) Pvt. Ltd.Statutory Details: Franklin Templeton Mutual Fund, trusts set up under the provisions of Indian Trusts Act 1882, and registered with SEBI vide Registration No.MF/026/96/8.
capital market/10:45, Jun 10, 2019
With effect from 06 June 2019
India Infoline News Service/10:50, Oct 27, 2017
Balance funds are a mix of stocks and bonds which reflects a moderate approach. The primary goal of balanced funds is to create regular and stable income by investing in debt securities and invest a portion in equity for capital appreciation.
Daily chart analysis indicates that Nifty FMCG index is on the verge of an Inverse Head and Shoulder pattern breakout. A close above the 25270 mark will confirm the same.
With strength in Oil & gas and pharma sector, the decline in Nifty has got arrested while broader index like CNX 500 is yet to confirm a bottom (though the selling pressure has stopped). Hence the composition of Nifty turns out to be better in assisting quick recovery and we feel that the stage is set for the key indices to surge higher towards 8,400.
The old adage Sell in May seems to have been ignored largely in second half of the month as the market left behind the carnage of March & April. . A move above the downward sloping trendline (above 8,550) would prove to be icing on the cake and market looks poised to see further build up after the gains of May.
Strength of every market is judged on corrections. After Mondays turnaround it is important to observe that if the recovery turns out to be sluggish and market starts to give up gains, will it find support around 8,200 or not? As of now, it will act as a new support line for the bulls.
Barriers in life come and go but 8,350 is acting as a tough one since the third week of April. This consolidation at the bottom has taken shape of a bullish H&S pattern. A move above the same could result in reversal of the trend.
Growth will come back and people will take time to adjust, which is why we will spend the next 1-1.5 years in a consolidation phase....