Franklin Templeton India to Merge European Fund with US Scheme

Imagine a company that helps people invest money.

This company has two different funds, one that invests in Europe and another in the United States.

Because things aren't going so well in Europe, the company has decided to combine the European fund with the US fund.

This means that if you have money in the European fund, it will automatically become money in the US fund.

You won't be able to put new money into the European fund starting in May.

If you don't like this change, you can take your money out of the European fund before the switch happens.

This change is expected to be complete by the end of June.