Kotak Mutual Fund merges FMP Series 246 into Corporate Bond Fund. Should you exit or stay?Kotak Mutual Fund has decided to merge Kotak FMP Series 246 into Kotak Corporate Bond Fund. The fund house has sent a letter to the investo...
Why open-ended debt mutual funds score over Fixed Maturity PlansBecause of valuation norms and short-term volatilities in the market, returns of open-ended scheme might not seem attractive at that moment...
All you need to know about fixed maturity plans or FMPsFMPs are closed end debt funds with a maturity period that can range from one month to five years.
Mutual fund houses launched 46 FMPs in July. Should you invest?Mutual fund houses are busy launching fixed maturity plans with a tenure of a little over 1,095 days or 36 months.
Should you invest in fixed maturity plans or fixed deposits?The risk, return and nature of an investment instrument primarily depend on how the money of the investor is being used.
Fund houses push FMPs to meet March demandBy investing in March, you get an additional financial year for tax calculation which reduces your tax liability.
Is it time to invest in fixed maturity plans?Yes, it may be the best opportunity to benefit from the high yield and double indexation.
Fixed maturity plans lose sheen; ICICI Prudential withdraws schemeAfter witnessing strong inflows, fixed maturity plans (FMPs) of mutual funds have lost their sheen.
Mutual Fund houses flood markets with fixed maturity plansFifteen mutual funds have launched fixed maturity plans barely weeks before the closing of the current financial year.
Investors from US, EU, Gulf load up on Indian fixed maturity plansForeign investors find Indian FMPs attractive because of attractive returns and safety from currency fluctuations.
Debt products can be bought cheaper in secondary marketInvestors can buy these products at a discount to their face value or their NAV from the secondary market.
- Should you go for FMPs or debt funds?
FMPs protect your yield, but open-ended, short-term debt funds are in a better position to gain from the changes in interest rates.
- Making sense of fixed maturity plans
A year after fixed maturity plans were being criticised by one & all, investors are now wondering whether they were really that bad. But th...
- Mutual funds line up longer term FMPs
MFs are increasingly launching fixed maturity plans with tenures more than a year. Stocks 52 Week: High, Low | Gainers & Losers: BSE, NSE |...
- FMP regime to undergo radical change soon
A fund house can launch a fixed maturity plan within six months of getting permission from the market watchdog.
- MFs push fixed plans despite lower margins
An FMP investor can possibly earn indexation benefit for two years on capital gains, despite investment tenure being 13 or 14 months. Choos...
- ICICI Pru FMP Series good for risk averse
ICICI will invest the largest part of this FMP in equity linked debentures, bonds whose periodic interest payments (called coupons) are lin...