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Objective : Templeton Floating Rate Income Fund (TFIF) aims to provide a regular stream of income while minimising risk arising from interest rate fluctuation.
Structure : Open Ended Income Scheme
Inception Date : February 02, 2002
Plans and Options under the Plan :
Short Term, Long Term Plans & Institutional Options (Growth and Dividend)
Face Value (Rs/Unit): Rs. 10
Minimum Investment :
Long Term: Rs. 10000; Short Term: Rs. 5000
Entry Load : Nil
Exit Load : Long Term: For amount upto Rs. 10 lacs, if redeemed before 6 months, exit load is 0.3%. For amount greater than 10 lacs, if redeemed within 30 days, exit load is 0.25%.
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