MUTUAL FUNDS: FT India Dynamic PE Ratio FoF: Invest.

from BUSINESS LINE, October 24, 2010 Investors looking to tactically manage their asset allocation across equities and debt can consider adding exposure to Franklin Templeton India Dynamic PE Ratio FoF. The scheme dynamically changes its asset allocation between equities and debt, based on the weighted average price-earnings ratio (PE ratio) of the NSE Nifty Index.

While at higher PE levels, it reduces the allocation to equities and minimises downside risk, it increases the equity allocation at lower PE levels to capitalise on their upside potential. Such deliberated asset moves have helped the fund contain downsides better than pure- play equity funds and deliver better than …