8 Nov 2022 , 10:08 AM
Franklin Templeton Mutual Fund has approved the merger all plans under Franklin India Life Stage Fund of Funds into Franklin India Dynamic Asset Allocation Fund of Funds, with effect from 19 December 2022.
| Merging Scheme | Surviving Scheme |
|---|---|
| Franklin India Life Stage Fund of Funds – 20s Plan | Franklin India Dynamic Asset Allocation Fund of Funds |
| Franklin India Life Stage Fund of Funds – 30s Plan | |
| Franklin India Life Stage Fund of Funds – 40s Plan | |
| Franklin India Life Stage Fund of Funds – 50s Plus Plan | |
| Franklin India Life Stage Fund of Funds – 50s Plus Floating Rate Plan |
Benchmark:
| Current Feature | Proposed Feature |
|---|---|
| CRISIL Hybrid 35+65 – Aggressive Index | CRISIL Hybrid 50+50 – Moderate Index |
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