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Templeton assets under management cross Rs 16,000 cr

Our Bureau

Mumbai , Jan. 21

FRANKLIN Templeton Investments has announced that assets under its management crossed Rs 16,000-crore mark, through a company press release.

The fund house currently manages Rs 16,067 crore across 43 funds.

Franklin Templeton has recently completed 10 years on two schemes - Franklin India Bluechip Fund and Franklin India Prima Fund, the first two private sector mutual fund schemes in India.

Mr Ravi Mehrortra, President - Franklin Templeton Investments, said that the new landmark of 16,000 crore has been recorded within a month of achieving the earlier mark of Rs 15,000 crore.

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