Finance Guru Speaks: This article will provide information on how you can Withdraw or Sell or Redeem your Money from Franklin Templeton Mutual Fund.
Please note that Franklin Templeton Fund House has wound up below Schemes with effect from the Cut-off timings of 23rd Apr 2020 and hence, you cannot perform any operations on these funds, including Withdrawing your Money. You need to wait from the Fund House for further communications on your already invested Money.
- Franklin India Ultra Short Bond Fund (FIUBF)
- Franklin India Short Term Income Fund (FISTIP)
- Franklin India Credit Risk Fund (FICRF)
- Franklin India Low Duration Fund (FILDF)
- Franklin India Dynamic Accrual Fund (FIDA)
- Franklin India Income Opportunities Fund (FIIOF)
Hence, the steps mentioned in this article cannot be applied to the above funds (unfortunately). However, you may select any other Mutual fund scheme, steps will remain the same.
Make sure to update your Email and Mobile correctly against your Folio No.
If you are an existing Franklin Mutual Funds investor, then, first of all, get registered to the Franklin Templeton Investments India website.
Please click this link and follow the instructions to get your Folio No. registered with the Franklin India website.
Steps to follow to online Withdraw or Redeem in Franklin Templeton Mutual Fund:-
1. Open Franklin Templeton Investments India - Investor Login website.
Franklin Mutual Fund - Login |
Franklin Mutual Fund - Redeem |
Franklin Mutual Fund - Redeem |
In this article, we have taken an example of Franklin India Smaller Companies Fund. Click on CONTINUE:-
Click to enlarge - Franklin Mutual Fund - Redeem |
Click to enlarge - Franklin Mutual Fund - Redeem |
Click to enlarge - Franklin Mutual Fund - Redeem |
Franklin Mutual Fund - Redeem |
Images Courtesy: Franklin Templeton India Mutual Fund Website
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I am unable to access transact. After clicking redeem "select Folio" not activated. I have filled facfa form successfully. How to get transact acces? Pl help me
ReplyDeleteCan you share below details:-
Delete1. Fund name which you are trying to Sell.
2. Was this Fund purchased online or offline via filling forms?
I am facing the same problem for selling Franklin India Taxshield-IDCW M.F. I am unable to access tranasact The units were purchased offline via filling forms.
DeleteI am unable to reedem no folios is showing. I have taxsh3ild
ReplyDelete