Franklin Templeton MF announces change in key personnel

Franklin Templeton Mutual Fund has announced that Mr K.N. Siva Subramanian, Chief Investment Officer - Franklin Equity (India) shall retire from Franklin Templeton Asset Management (India) Pvt. Ltd., with effect from 28 February 2014.

Accordingly, Mr Anand Radhakrishnan, Head - Equity & Portfolio Manager - Franklin Equity will be replacing Mr Siva Subramanium as Chief Investment Officer - Franklin Equity (India).

The new fund managers for the following schemes will be:

Franklin India Flexi Cap Fund: R. Janakiraman, Roshi Jain and Anand Vasudevan.

Franklin India Smaller Companies Fund: R. Janakiraman & Roshi Jain.

Franklin India Prima Fund: R. Janakiraman & Roshi Jain.

Franklin India High Growth Companies Fund: R. Janakiraman & Roshi Jain.

Mr Gaurab Parija ceases to be the National Sales Director, effective March 03, 2014. Mr Peshotan Dastoor has been appointed as the National Sales Director.