Franklin Templeton India Mutual Fund has announced the merger of two of its international schemes Franklin India Feeder Templeton European Opportunities Fund and Franklin India Feeder Franklin U.S. Opportunities Fund.

The Templeton European Opportunities Fund will be the merging scheme, while the Franklin U.S. Opportunities Fund will be the surviving scheme.

The merger will take effect from June 30. The fund house informed its unitholders through a notice-cum-addendum.

According to the notice-cum-addendum, Pursuant to the global landscape for European funds and sluggish European macroeconomic factors, and in the interest of unitholders, Franklin India Feeder Templeton European Opportunities Fund (FIF-TEOF) shall be merged with Franklin India Feeder Franklin U.S. Opportunities Fund (FIF-FUSOF) effective June 30, 2025.