Franklin Templeton Mutual Fund has announced the suspension of the sale of units of Franklin India Retirement Fund till further notice, with effect from May 20.
According to a notice-cum-addendum by the fund house, fresh/additional purchases through lumpsum mode, switch into the scheme from any other schemes of Franklin Templeton Mutual Fund, investments through Systematic Investment Plan (SIP) and/or Systematic Transfer Plan (STP) and fresh registrations of SIP and STP shall be temporarily discontinued.