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Franklin India International Fund
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Over
the years, you have invested your savings
in financial assets such as mutual funds,
shares, deposits and insurance schemes.
One commonality in your investments is
that they are in one currency - the Indian
rupee. You now have an opportunity to
invest your savings in foreign currency
assets as well...
...through Franklin
India International Fund.
|
What
is Franklin India International Fund (FINTF)?
Franklin India International Fund is an open
end income scheme designed to give you access
to a portfolio of US Government Securities.
The scheme invests in units of Franklin US Government
Fund, an international mutual fund scheme from
Franklin Templeton, investing predominantly
in securities issued or backed by the US Government.
Launched on February 28, 1991, Franklin US Government
Fund invests predominantly in securities called
Ginnie
Maes, which carry full faith and credit
of the US Government.
| Performance Snapshot |
|
Last
6 Months |
Last
1 Year |
Last
3 Years* |
Last
5 Years* |
Since
20.12.2002* |
| FINTF |
-0.23% |
14.81% |
5.23% |
3.95% |
2.86% |
| Lehman
Intermediate Govt. (US) Index** |
-1.93% |
19.69% |
7.78% |
5.56% |
4.18% |
| Franklin
US Government Fund |
3.21% |
8.42% |
6.65% |
5.06% |
4.34% |
| Lehman
Intermediate Govt. (US) Index |
0.17% |
6.32% |
6.78% |
4.94% |
4.25% |
| Rupee
vis-a-vis US $ |
2.10% |
-12.57% |
-0.94% | -0.58% | 0.07% |
|
Past performance
may or may not be sustained in the future.
* Compounded and
annualised. As on July 31, 2009.
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What are the benefits of investing in this
scheme?
Diversification
Currently, you can diversify your portfolio
risk only across equities, fixed income and
money market assets. By investing in Franklin
India International Fund, you can now diversify
your portfolio across currencies as well.
Stability
Global markets often perform in contrast as
different countries go through different economic
cycles. By having investments across currencies,
you can ensure steady and stable returns on
your investment.
Hedging
If you have future dollar expenses (for say,
children's education in US), you can hedge against
any future appreciation of the dollar vis-á-vis
the rupee by investing in this scheme.
| Fund
Information |
|
Net
Asset Value
|
Calculated
and disclosed on all business days
|
|
Minimum
Investments :
New Investors
Additional Investments
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Rs. 1 lakh
Rs. 1 lakh
|
| Load |
| Entry Load |
Exit Load |
|
Nil |
In respect of each purchase of Units - 0.50% if the Units are redeemed/ switched-out within 6 months of allotment
|
|
| Systematic
Investment Plan |
Currently
not available
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| Systematic
Withdrawal Plan |
Currently
not available
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| Tax
benefits |
|
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