1.8% div announced under Franklin India Low Duration Fund - Quarterly Dividend

Franklin Templeton Mutual Fund has announced 1.8 per cent dividend under dividend payout option of scheme named as “Franklin India Low Duration Fund - Quarterly Dividend” on the face value of Rs 10 per unit.

The record date for the dividend is December 19. The latest NAV of the scheme is Rs 10.53.

The investment objective of the debt-short term scheme is to earn regular income through investment in fixed income securities.

The performance of the scheme is benchmarked against Crisil Short-Term Bond Fund Index. Pallab Roy is the fund manager of the scheme.