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Rupee at 62: Why it's a good time to invest in FMPs

Aug 19, 2013

Rupee at 62: Why it's a good time to invest in FMPs

In fact, investing in FMPs is now a good idea, reason being, FMP invests in instruments like Certificates of Deposits, and money market instruments, which are currently offering yield of 9.5-10 percent. #RBI #Rupee #PersonalFinance #fixed maturity plans #Certificates of Deposits
Want a tax advantage? Fixed maturity plan is your best bet

Mar 23, 2012

Want a tax advantage? Fixed maturity plan is your best bet

FMPs are increasingly being preferred over bank deposits as the former offers a better post-tax yield. Having a similar risk profile, investors prefer FMPs on account of the double indexation benefit built into the instrument. #FMPs #Taxation #PersonalFinance #fixed maturity plans #bank deposits

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Want a tax advantage? Fixed maturity plan is your best bet

Sep 05, 2014

Rank Does Not Confer Privilege or Give Power; It Imposes Responsibility

Prior to global competition and a slower-moving business environment, stability was the norm of the time. Further, the ruling motto was: "If it ain't broke, don't fix it." Change occurred incrementally and infrequently. The challenges we face today a...