Financial Daily from THE HINDU group of publications Thursday, Jan 22, 2004 |
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Markets
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Mutual Funds 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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