Franklin Templeton Mutual Fund Declares Income Distribution Under Few Schemes

Franklin Templeton Mutual Fund has announced income distribution under the IDCW (Income Distribution cum Capital Withdrawal) option for select schemes. The record date for this distribution has been set as January 24, 2025. Investors holding units of these schemes on the record date will be eligible for the payout.

Summary of Distributions

Here is a breakdown of the payouts under each scheme:

Payout Details for Bluechip Fund

The Franklin India Bluechip Fund has declared income distribution across both regular and direct IDCW options. The Direct-IDCW option will distribute ₹5 per unit, while the regular IDCW option offers ₹4.25 per unit.

ELSS Tax Saver Fund Distribution

For the Franklin India ELSS Tax Saver Fund, the payout under the Direct-IDCW option is ₹5.25 per unit. The regular IDCW option for the same fund provides ₹4.50 per unit.

Dynamic Asset Allocation Fund Payouts

The Franklin India Dynamic Asset Allocation Fund of Funds (FoF) has announced income distribution as well. Investors in the Direct-IDCW option will receive ₹1 per unit, while those under the regular IDCW option will get ₹0.85 per unit.

Eligibility Based on Record Date

The record date, January 24, 2025, is applicable for all the schemes mentioned. Investors must ensure they hold units of the respective schemes on this date to qualify for the announced payouts.

This announcement provides clarity on income distribution for eligible investors in Franklin Templeton’s mutual fund schemes.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Mutual Fund investments in the securities market are subject to market risks, read all the related documents carefully before investing.