Franklin India Growth Fund
The Franklin India Growth Fund is one of the best ways to invest in India’s growing economy. This mutual fund India is run by Franklin Templeton Investments and is derived from the market of India. This Franklin India fund is based primarily on stocks (92% as of this writing) from companies with a strong base in India.
The primary investments of this Franklin India mutual fund are in companies that derive a majority of their revenue from the Indian economy or hold a majority of their assets in India. Titled the “Franklin India Growth Fund,” this India mutual fund started in January of 2008 and so does not have a lot of history to draw from for analysis. You know that we like a vanguard mutual fund, but a Vanguard India mutual fund does not currently exist.
Currently, the Franklin India Growth Fund is showing a loss, but this is fairly common amongst new investments and the fund’s history is so short that using this as a gauge may be a mistake. It is worth noting, however, and should be considered in an India mutual fund investment decision.
These new investment portfolios, however, are popular amongst investors unafraid of higher-risk and those interested in higher growth potential. This Franklin India mutual fund offers something of interest to most profit-oriented investors, so we feel it’s worth taking a look at in such a portfolio. Especially if you’re new to mutual fund investing in India and want to get your feet wet.
The minimum initial investment for the Franklin India Growth Fund is only a thousand dollars ($1,000), making it of definite interest to the lower-capital investor as well. This India mutual fund is definitely one we’ll keep an eye on and we think you should as well.
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