Merger of Franklin FMCG and Franklin Pharma into Franklin India Prima Plus

With effect from 9 September 2011, Franklin Templeton Mutual Fund has announced that Franklin FMCG Fund (FFF) and Franklin Pharma Fund (FPF) would be merged into Franklin India Prima Plus (FIPP), Consequently, from the date of merger i.e., effective 9 September 2011, the investors of FFF and FPF would become investors of FIPP in the respective plans / options.

In terms of prevailing regulatory requirements, investors in FFF and FPF are given an option to exit at the prevailing Net Asset Value without any exit load, in case they do not wish to approve the merger. The period of this no load exit offer is valid from 8 August 2011 to 9 September 2011.

All systematic transactions including Systematic Transfer Plan (SIP), Systematic Transfer Period (STP), Dividend Transfer Period (DTP) or Systematic Withdrawal Plan (SWP) will continue under Prima Plus for its balance tenure subsequent to the merger.
If investors do not wish to continue the systematic transactions under Prima Plus, they are required to intimate the fund house in writing their unwillingness to continue the said facilities post merger latest by September 9, 2011.