Franklin Templeton MF declares dividend for TFHF Plan A

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Updated: 01/07/2009 | 12:00 AM IST

Mutual fund

Franklin Templeton MF declares dividend for TFHF- Plan A

Capital Market

Wednesday, July 01, 2009 (New Delhi)

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Franklin Templeton Mutual Fund has declared 6 July 2009 as the record date for the declaration of dividend under Templeton Fixed Horizon Fund-Series IX- Plan A (TFHF-Series IX- Plan A). The fund house has decided to distribute 100% of distributable surplus as dividend on the record date on the face value of Rs 10 per unit.

Investment Objective: The scheme is a closed end income fund with an objective to generate returns and reduce interest rate volatility, through a portfolio of fixed income securities with maturity profile generally in line with the fund's duration.

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