Franklin Templeton (India) on Monday announced the launch of its open-ended short term debt scheme, Franklin India Short Term Fund (FISTF), an open-ended short-term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 1 year to 3 years
The new fund offer for Franklin India Short Term Fund will be open for subscription from August 5 and will close on August 11. The fund will reopen for continuous sale and repurchase on August 13.