Franklin Templeton Investments launches Build India Fund

Franklin Templeton Investments today launched a new open-end equity fund — Franklin Build India Fund — that would invest in companies operating in various sectors including physical and social infrastructure, financial services and agriculture.

The new fund offer would be open from July 10 to August 8. The units would be available at Rs 10 a unit plus applicable load. The fund invests in companies operating in various sectors that are critical for building the Indian economy, the company said in a statement.