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Franklin Templeton MF has launched ‘Franklin India Multicap Fund’, an open-ended scheme, which will invest across large cap, mid cap and small cap stocks.
The fund will capture themes like energy transition, financialization of savings, formalization of economy, disruption by digital companies and revival in manufacturing to pick up stocks.
In a press release Janakiraman R, Chief Investment Officer – Emerging Markets Equity-India, Franklin Templeton, said, “India’s economy is poised for strong growth over the medium term, thanks to robust macro fundamentals, improving inflation trends, prudent fiscal policies and political stability. Post covid, the bright growth outlook has led to strong performance in the equity markets. It is designed to capture growth in various market sectors, particularly the small and midcap space, which are often under-represented in traditional equity funds. Investors with a long-term horizon may find it beneficial to participate in our multi cap fund with dedicated buckets to each market cap and timely re-balancing to ensure broad diversification.”
Avinash Satwalekar, President, Franklin Templeton–India, said, “Given India’s strong secular growth potential, we see a multitude of opportunities emerging across sectors and market cap ranges. The fund positions itself to exploit these emerging opportunities through a flexible yet disciplined investment approach making it an ideal choice for investors looking for robust diversification.”
