Growth Mutual Fund Franklin India Franklin Templeton Investments is a leading financial services groups in the world based in San Mateo, California, USA. The group has U.S. $ 645.9 billion of assets under management globally (as of September 30, 2007).
Franklin Templeton has offices in 33 locations across India and manages assets of Rs.30481.97 crores for over 24 lakh investors as of September 28, 2007.
Fund Basics information on how mutual funds work and thorough descriptions of different types of mutual funds available to you. You will find general information about the asset classes and investment styles, and useful comments on the adequacy of funds for the needs of different investors, including what you can do to get started investing in mutual funds. As our financial planning provides educational information on preparing for retirement with a special section on investing for women. Retirement of a big question for most people around the country. There was time when people made to help the family they had never thought about how they spend their life after retirement. Family values they had used their children do not hold any longer. People have now begun to plan their retirement by buying funds and began to share investments. But with Franklin Templeton Mutual Funds
The five mutual funds in the year 2006 by our investors are:
aec Franklin India Prima Fund (mid cap): The scheme, which had assets of Rs 1278.45 crore (Rs 12.784 billion) as on February 28, 2005, invests heavily in mid-caps.
aec Reliance Growth (mid-cap): Reliance Growth was launched in September 1995 and invests in mid cap companies that offer good growth potential. The scheme has a corpus size of Rs 1064.49 crore near (Rs billion) s as the February 28, 2005.
aec HDFC Top 200 Fund (Large CAP): The scheme generally invests in shares of BSE-200 Index is a well-diversified large-cap shares. The scheme had a corpus of Rs 606.95 crore (Rs 6.069 billion) as on February 28, 2005.
aec HSBC Equity Fund (Large Cap): This private equity flagship of HSBC Mutual Fund has been one of the best performing funds in the category of diversified equity funds over the last two years since its inception in December 2002. The scheme has assets of Rs 1622.67 crore (Rs 16.226 billion) under management on January 31, 2005.
aec Tata Equity Opportunities Fund (mix of large and medium cap): This program seeks to identify stocks to their growth and profit potential of their relatively high yield. The scheme had a corpus of Rs 299.60 crore (Rs 2.996 billion).
Mutual funds are institutions of money put in place for the professional management to invest the money pooled by the public. Management Company (AMC) manages these schemes, which are sponsored by different financial institutions or companies.
Each unit of these schemes reflects the share of the investor in the fund in question and the Net Asset Value (NAV) of judges plan satisfaction. The NAV is directly related to trends in bull and bear markets as the pooled money is invested by the inequality is or bonds or Treasury bills. Indian Mutual Funds unveils this multi-dimensional Avenue, with its complexities, in a fashion as mutual funds waiting up vast possibilities of generating decent returns by some thoughtful investment.
Here is a list of the best and best Indian mutual funds:
aec ABN-AMRO
aec Bank of Baroda
aec Benchmark
Birla Sunlife aec
aec CANBANK
aec DBS Chola
aec Deutsche
aec DSP Merrill Lynch
aec Escorts
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Posted on February 7, 2010.