Franklin Templeton has added the FTIFF Franklin India Fund to its Dubai International Financial Centre (DIFC) fund range, Franklin Templeton Investments Feeder Funds (FTIFF), targeting the onshore UAE retail market.
“This fund offers UAE retail investors a new opportunity to capitalize on India’s positive growth outlook,” said Amar Mehta, Head of Retail for Gulf, Eastern Mediterranean, and Africa at Franklin Templeton. “We are committed to monitoring market trends and evolving investor appetite to broaden our offerings.”
In July 2024, Franklin Templeton became one of the first global asset management firms to establish feeder funds for the UAE’s onshore retail market. Its DIFC-domiciled fund ranges include Franklin Templeton Investments Feeder Funds (FTIFF) and Franklin Templeton Shariah Feeder Funds (FTSFF).
The feeder funds exclusively invest in Franklin Templeton’s Luxembourg, and Ireland-domiciled UCITS funds and are distributed in the UAE through locally licensed promoters. These include both conventional and Shariah-compliant consumer banks, providing a wide range of investment options for retail investors.
