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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

Jun 23, 2014

Eircom finalising plans for flotation

EIRCOM is finalising plans to return to the stock market just two years after an examinership. The company is aiming to raise about €1bn from investors here and in Britain, in a deal that would value the operator at more than €3bn. The offering could... #Eircom Group plc #United Kingdom #The Bank of New York Mellon