Franklin Templeton Asset Management (India) Pvt Ltd said on Wednesday it was withdrawing the reinvestment facility from the annual dividend option of its close-end Franklin Templeton Capital Safety Fund. The fund's offer period ends on November 30, 2006, reports The Economic Times.
Investors opting for the facility during the offer period would be automatically registered for dividend payout, the fund house said.
Franklin Templeton managed Rs 239 billion assets at October end, data from Association of Mutual Funds in India showed.
