Here is a brief profile of Franklin Templeton Mutual Fund

Franklin Templeton Mutual Fund

Franklin Templeton Investments, global investment management major, started their India operations in 1996 as Templeton Asset Management India Pvt. Limited. It flagged off the mutual fund business with the launch of Templeton India Growth Fund in September 1996.

Over the years, Franklin Templeton has emerged as one of the largest and renowned mutual funds in the country. Franklin Templeton has over Rs.24,198 crore under management as of Aug 2006.

Franklin Templeton Asset Management (India) Private Limited acts as the asset management company with Templeton holding a majority of 75 per cent of the equity. The fund management is headed by Mark Mobius, who is also a director of the AMC and one of the best fund managers in the world.

The board of directors of the company has Gregory Johnson, president of Franklin Templeton USA as its chairman. Deepak Satwalekar of HDFC and Rajan Raheja are the other prominent members.

Here is a list of the mutual funds of Franklin Templeton which includes Diversified Equity Funds, Sector Equity Fund, Debt Fund, Hybrid Funds and Fund of Funds.