Div declared for Franklin India Life Stage Fund of Funds - 30s Plan

Franklin Templeton Mutual Fund has announced 16.33 per cent dividend under dividend payout option of scheme named as “Franklin India Life Stage Fund of Funds - 30s Plan” on the face value of Rs 10 per unit.

The record date for the dividend is October 31. The latest NAV of the scheme is Rs 24.91.

The investment objective of the funds of funds scheme is to generate superior risk adjusted returns to investors in line with their chosen asset allocation.

Anand Radhakrishnan is the fund manager of the scheme.