Franklin Templeton Mutual Fund launches Franklin India Arbitrage Fund

by News Team | Mutual Fund

NFO period: 04th November - 18th November, 2024

Highlights of the NFO:

  • Scheme type - An open-ended scheme investing in arbitrage opportunities

  • Investment objective - The investment objective of the scheme is to generate capital appreciation and income by predominantly investing in arbitrage opportunities in the cash and derivative segments of the equity markets and the arbitrage opportunities available within the derivative segment and by investing the balance in debt and money market instruments. There is no assurance or guarantee that the investment objective of the scheme will be achieved.

  • Product suitability - This product is suitable for investors who are seeking short term income generation. A hybrid scheme that aims to generate returns from arbitrage and other derivative strategies by investing predominantly in cash and derivative segments of the equity market and potential arbitrage opportunities available within the derivative segment. The balance will be invested in fixed income and money market instruments.

  • Minimum Application Amount - First investment is Rs. 5,000/- and in multiples of Rs. 1/- thereafter

  • Plan/ Options available - Regular plan & Direct plan having Growth Option and Income Distribution cum Capital Withdrawal (IDCW) Option (with Payout of Income Distribution cum capital withdrawal option and Reinvestment of Income Distribution cum capital withdrawal option).

  • Fund Manager - Ms. Rajasa Kakulavarpu, Mr. Yogik Pitti and Mr. Pallab Roy

  • Benchmark - Nifty 50 Arbitrage Index

(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)