Templeton's Mobius: does not have direct holdings in Indian infra cos

MUMBAI, March 28 (Reuters) - Veteran emerging markets investor Mark Mobius said on Monday he does not have any direct holdings in Indian infrastructure firms because of the opacity of firms.

Mobius, who oversees roughly $50 billion as chairman of Franklin Templeton's Emerging Markets Group, part of U.S. asset manager Franklin Resources , also said he has not seen a major decrease in investor risk appetite post the Japan and Middle East crisis.

At the end of February, Mobius's $16 billion Templeton Asian Growth Fund was 19.4 percent allocated to India, the fund's third-heaviest weighting after China and Thailand.

(Reporting by Tony Munroe and Rajesh Kurup; Editing by Aradhana Aravindan)