Franklin Templeton (India) today launched the “Franklin India Multi-Factor Fund”, an open-ended equity scheme employing a multi-factor quantitative strategy. The fund is aimed at investors looking for statistically diversified exposure via factors like value, momentum and quality across Indian equities. It represents the trend of asset-managers layering systematic models into retail offerings. The offering follows growing investor demand for rules-based portfolios and aims to leverage large-cap and mid-cap opportunities while managing inherent equity volatility.