Since starting its operations in India, Franklin Templeton has invested
a considerable amount of time, effort and resources towards investor
and distributor education, the belief being - to be successful in
the long term, the fundamentals need to be corrected, at whatever
cost! This has resulted in various advertising campaigns aimed at
educating investors, participation in seminars and distributor training
programs. Franklin Templeton has played a pivotal role in steering
the industry to its current stage, and as long term players, we continue
to strive to achieve the objective of 'making mutual funds an investment
of choice' for both individual and institutional investors.
In July 2002, Franklin Templeton India acquired Pioneer ITI, another
leading fund house in India to create an organization with rich
investment experience over market cycles, one of the most comprehensive
product portfolios, footprint across the country and an in-house
shareholder servicing function. The huge synergies that existed
in the two organizations have helped the business grow at a rapid
pace, catapulting the company to among the top two fund houses in
India.
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