Turning 30 and still going strong: How Franklin Templeton built wealth in its two oldest schemes

The two oldest schemes of Franklin Templeton India Asset Management Co Ltd, Franklin India Bluechip Find (FIBF) and Franklin India Prima Fund (FIPF), recently turned 30. Both FIBF and FIPF were launched in December 1993. If you had invested Rs 1,000 in FIBF through Systematic Investment Plan (SIP) every month, you would have made Rs 1.14 crore, or a return of 18.31 percent, as of February 12. A SIP of Rs 1,000 in FIPF would have become Rs 1.78 crore; a return of 20.4 percent on a compounded basis.

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