Latest News on Fixed maturity plans
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Aug 19, 2013
Rupee at 62: Why it's a good time to invest in FMPsIn 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.
Mar 23, 2012
Want a tax advantage? Fixed maturity plan is your best betFMPs 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.