Mumbai, August 17 2024: Franklin Templeton (India) announced the launch of its open ended ultra-short term debt fund – Franklin India Ultra Short Duration Fund (FIUSDF). The fund shall invest in debt and money market instruments like non-convertible debentures, bonds, certificates of deposits, commercial papers, treasury bills and government securities such that the Macaulay duration of the portfolio is between 3 months and 6 months.…
