Franklin Templeton Mutual Fund Announces merger of Franklin India Life Stage Fund of Funds into Franklin India Dynamic Asset Allocation Fund of Funds

Published on Nov 08, 2022 10:08

Franklin Templeton Mutual Fund has approved the merger all plans under Franklin India Life Stage Fund of Funds into Franklin India Dynamic Asset Allocation Fund of Funds, with effect from 19 December 2022.

Merging Scheme	Surviving Scheme
Franklin India Life Stage Fund of Funds - 20s Plan	Franklin India Dynamic Asset Allocation Fund of Funds
Franklin India Life Stage Fund of Funds - 30s Plan
Franklin India Life Stage Fund of Funds - 40s Plan
Franklin India Life Stage Fund of Funds - 50s Plus Plan
Franklin India Life Stage Fund of Funds - 50s Plus Floating Rate Plan

Benchmark:

Current Feature	Proposed Feature
CRISIL Hybrid 35+65 - Aggressive Index	CRISIL Hybrid 50+50 - Moderate Index