homepersonal finance NewsFranklin Templeton renames its India Saving Fund to India Money Market Fund

Franklin Templeton renames its India Saving Fund to India Money Market Fund

Franklin India Saving Fund is an open ended debt scheme investing in money market instruments. The scheme is categorised as a Money Market Fund.

Profile image

By CNBCTV18.com May 3, 2023 9:10:28 PM IST (Published)

Listen to the Article(6 Minutes)
1 Min Read
Franklin Templeton renames its India Saving Fund to India Money Market Fund
Franklin Templeton Mutual Fund on Wednesday announced the change in scheme name of "Franklin India Saving Fund" to "Franklin India Money Market Fund", with effect from May 15, 2023.

Live TV

Loading...

Franklin India Saving Fund is an open ended debt scheme investing in money market instruments. The scheme is categorised as a Money Market Fund.
"In order to align the scheme name with category of the scheme, the name of “Franklin India Saving Fund” stands changed to “Franklin India Money Market Fund” (Scheme) with effect from May 15, 2023," an official statement from Franklin Templeton Mutual Fund stated.
"All the other terms and conditions of the Statement of Additional Information, Scheme Information Document & Key Information Memorandum of the Scheme, read with the addenda issued from time to time will remain unchanged," it added.

Most Read

Share Market Live

View All
Top GainersTop Losers
CurrencyCommodities
CurrencyPriceChange%Change