India, Feb. 19 -- Franklin Templeton Mutual Fund has launched a new Open Ended Growth scheme named "Franklin India Low Duration Fund" with maturity period of 0 days from the launch date.

The New Fund Offer (NFO) price for the scheme is Rs 10.00 per unit, which will open for subscription from Feb 25 to Mar 05, 2025.

According to the offer document filed with SEBI, the entry and exit load is Nil.

The minimum application amount is Rs 5,000.00 and in multiples of Rs 1 thereafter. The options available under the plan of the scheme are Growth, IDCW, IDCW-Reinvestment.

The fund manager of the scheme will be Chandni Gupta, while the performance of the scheme will be benchmarked against NIFTY Low Duration Debt Index A-I.

The objective of the...