Debt Funds

19 02, 2017

WHY FMPs ARE NOT GUARANTEED RETURN SCHEMES

By | 2017-03-20T19:34:05+00:00 February 19th, 2017|Categories: Debt, Mutual Funds|Tags: , , , , , |0 Comments

Fixed Maturity Plans /FMPS are also known as 'Fixed Term Plans'. These are 'Close Ended Schemes' floated by various Mutual Funds. The maturity period ranges from 1 month to three/five years. The tenure is fixed. Even though, almost all the FMPs are predominantly debt oriented, some of them may have small equity component. The objective behind [...]