.
“Off-season sale”, “Discount”,
“Bargain”.....these are opportunities
many of us take advantage of, to realize better
‘value’ for our money. Value investors,
such as the portfolio managers of Templeton
India Growth Fund do the same.
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| . |
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Templeton
India Growth Fund |
|
.An
open end diversified equity scheme, TIGF follows
the well-known and world-renowned investment
philosophy of ‘Value Investing’. This
philosophy emanates from the fact that there
exists an intrinsic value to a stock/company
that may be different from its market price.
What the portfolio managers of TIGF do is to
arrive at the long term intrinsic value of a
stock and then use periods of pessimism in the
markets, when the stock is available cheap,
to accumulate the stock. As the market realises
the stocks true potential, long term investors
in such companies get suitably rewarded.
|
|
By investing
in TIGF, investors can buy a diversified portfolio
of such companies.
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Performance
Track Record |
TIGF
has a clear investment focus on large cap stocks,
which gives the scheme a high degree of stability.
This has resulted in a steady performance track-record,
as can be seen from the graph below:
Past
performance may or may not be sustained in future.
Dividends declared assumed to be reinvested. Based
on 29-10-2004 dividend plan NAV of Rs. 24.06.
|
Last 1 year |
Last 3 years |
Last 5 years |
Since Inception |
| TIGF |
25.0% |
41.6% |
23.7% |
16.1% |
| BSE
Sensex |
15.6% |
23.8% |
5.0% |
6.4% |
| MSCI
India Value |
11.4% |
27.1% |
6.1% |
N.A |
| Past performance may or may not be sustained in
future. Compounded and annualised returns
based on 29.10.2004 Dividend Plan NAV of Rs.24.06.
Inception date: September 10, 1996. Dividends
declared assumed to be reinvested. Sales load
has not been taken into consideration. |
| . |
|
Other
Information |
| |
|
| Dividend |
Rate per unit |
Record Date |
Record Date NAV |
| 15% |
Rs. 1.5 |
28.4.2000 |
Rs. 14.45 |
| 20% |
Rs. 2.0 |
16.9.2003 |
Rs. 20.48 |
| 30% |
Rs. 3.0 |
24.2.2004 |
Rs. 27.16 |
| Past performance may or may not be sustained in the future. Dividends on face value of Rs.10/- *Please note that after the dividend the NAV falls to the extent of the dividend. Book closure: December 9, 2004. Ex-dividend NAV: December 10, 2004. |
|
It is now proposed to declare a tax-free dividend on the record date of December 8, 2004.*
.
|
|
*Please note that after the dividend
the NAV falls to the extent of the dividend.
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| .. |
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Summing
Up |
| . |
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‘Value’ stocks offer
a good capital appreciation opportunity to long-term
investors. TIGF provides you an easy access
to a diversified portfolio of such stocks. Invest
in TIGF...and add value to your equity portfolio.
To invest in this scheme, or find out more about
how it can help you create wealth, call the
nearest Franklin
Templeton office, today.
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Templeton India Growth Fund (TIGF)
is an open ended growth scheme with the objective
to provide long-term capital growth. Risk Factors
: All investments in mutual funds and securities are
subject to market risks and the NAV of the schemes
may go up or down depending upon the factors and forces
affecting the securities market including the fluctuations
in the interest rates. There can be no assurance that
the scheme’s investment objective will be achieved.
The past performance of the mutual funds managed by
the Franklin Templeton Group and its affiliates is
not necessarily indicative of future performance of
the schemes. The above is only the name of the scheme
and does not in any manner indicate the quality of
the scheme, its future prospects or returns. The Mutual
Fund is not guaranteeing or assuring any dividend
under any of the scheme. The Mutual Fund is also not
assuring that it will make any dividend distributions
under the dividend plans of the schemes though it
has every intention of doing so. All dividend distributions
are subject to the investment performance of the schemes.
The investments made by the schemes are subject to
external risks. Please read the offer document carefully
before investing. Statutory Details : Templeton Mutual
Fund in India has been set up as a trust by Templeton
International Inc. (liability restricted to the seed
corpus of Rs.1 lac) with Franklin Templeton Trustee
Services Pvt. Ltd. as the Trustee (Trustee under the
Indian Trust Act 1882) and with Franklin Templeton
Asset Management (India) Pvt. Ltd. as the Investment
Manager. The Fund offers NAVs, purchases and redemptions
on all business days except during the days where
there is a book closure.
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