Franklin Templeton India just rolled out its first overseas investment fund, the Franklin US Equity IFSC Fund, via GIFT City.
This means Indian investors can now access the US equity market through the Franklin US Equity IFSC Fund, specifically in S&P 500 companies.
Subscriptions require $5,000, close Dec 11
You'll need at least $5,000 to get started, and subscriptions are open until December 11, 2026.
The underlying FTGF Putnam US Research Fund is managed by Putnam Investments through Putnam Advisory Company LLC, a team with decades of experience in picking stocks and managing risk.
This move expands Franklin Templeton's GIFT City platform into outbound investment products; the GIFT City fund management entity was established in 2024.