Notice No20200117-40Notice Date17 Jan 2020
CategoryTradingSegmentMutual Fund
SubjectRestriction on Subscription for FRANKLIN Templeton Mutual Fund schemes on BSE StAR MF platform

MFIs/MFDs/RIAs are hereby informed that we have received communication from FRANKLIN Templeton Mutual Fund regarding investment amount restriction in certain schemes through Fresh/additional purchase (including switch-in, SIP & STP-in) on BSE StAR MF platform with effect from January 17, 2020.

The scheme names provided below.

·         Franklin India Low Duration Fund

·         Franklin India Income Opportunities Fund

·         Franklin India Dynamic Accrual Fund

·         Franklin India Credit Risk Fund

·         Franklin India Short-Term Income Plan

·         Franklin India Ultra Short Bond Fund

MFIs/MFDs/RIAs are hereby advised to take note of that Fresh/additional purchase (including switch-in, SIP & STP-in) by an investor on a single day across Plan(s) under the above schemes will be allowed/accepted only up to Rs. 2 Lakh aggregated at the investor level (same holders/joint holders identified by their Permanent Account Numbers (PAN) in the same sequence).  Kindly adhere the investment amount criteria to avoid rejection & refund payout.

Also, the existing SIP’s & STP’s registered on BSE StAR MF platform by an investor singly or across Plan(s) in above schemes for Rs. 2 Lakh above will get rejected from FRANKLIN Templeton end.

The notice cum addendum issued by FRANKLIN Templeton AMC is attached for your reference.   



Ketan Jantre                                                Zeeta Eustace  

Sr. General Manager – Mutual Funds       Asst. General Manager – Mutual Funds

Notice cum Addendum.pdf