Franklin Templeton launches new quant fund: What to know
Franklin Templeton India just dropped a fresh equity fund—the Franklin India Multi-Factor Fund (FIMF).
It uses a data-driven strategy to pick stocks and aims to balance risk and reward.
The New Fund Offer runs from November 10-24, with units at ₹10 each. You can start regular investments from December 2.
How does the fund pick stocks?
FIMF invests in India's top 500 companies, but here's the twist: it uses a special QVSA model (Quality, Value, Sentiment, Alternatives) that crunches over 40 indicators before picking stocks.
Arihant Jain leads the fund with support from Franklin Templeton's global quant experts—these folks manage $98 billion worldwide.
Minimum investment, exit load, benchmark
You'll need at least ₹5,000 to get started during the NFO; after that, you can add more with as little as ₹1,000.
If you pull out your money within a year, there's a small 0.5% exit fee.
The goal? Long-term growth through smart diversification and risk control—plus it tracks the BSE 200 Total Return Index for performance comparison.