Goa, October 7, 2025– Franklin Templeton (India), one of the largest foreign fund houses operating in the country, has taken a significant stride in expanding its footprint in Goa with the inauguration of its new office premises in Panjim. The inaugural event, held at House No.9/33/1, First floor, Agva House, Dada Vaidya Road Panjim Goa 403001 was graced by Mr. Avinash Satwalekar, President, Franklin Templeton – India.
On the inauguration of the new branch Mr. Avinash Satwalekar, President, Franklin Templeton – India said, “We are committed to India and Bharat and are excited to expand our presence in Goa, which is among the top 20 states in terms of assets under management of the industry. While investors across India can invest with us online, with our new premises in Panjim, residents of the city and nearby towns will be able to experience our investment services in person.”
With 77 years of expertise in global investing, Franklin Templeton boasts an extensive international presence and a wide array of products supported by a dedicated team of over 1600 investment professionals. The company manages assets worth US$ 1.64 trillion (~Rs. 144 lakh crores) world-wide, as on August 31, 2025. Franklin Templeton has a 29-year legacy in India with average assets under management of over Rs. 1.21 lakh crores across 36 mutual fund schemes. Three of its flagship funds – Franklin India Large Cap Fund (erstwhile Franklin India Bluechip Fund), Franklin India Mid Cap Fund (erstwhile Franklin India Prima Fund) and Franklin India Flexi Cap Fundhave a track record of over 30 years, while 18 Franklin Templeton funds have completed more than 20 years since their inception.
The Indian mutual fund industry’s assets under management (AUM) have grown by about six times in a decade, from Rs. 12.56 trillion as on August 31, 2015 to Rs. 75.19 trillion as on August 31, 2025, reflecting an annualized growth rate of 20%2. Franklin Templeton sees strong growth potential for mutual funds in Goa as new investors look to participate in the India growth story.
The fund house is committed to expanding its distribution network in the state and aims to reach out to more investors, to educate them about the advantages of mutual fund investing. Currently, the AAUM of the mutual fund industry in Goa stands at over Rs. 40,000 crores distributed across key cities like Panaji, Mormugao and Margao signaling a promising growth trajectory in the medium to long term1.
