POSTED BY Jig ON June 16, 2011 12:39 pm ONE COMMENT
Can anybody eloborate his knowledge on FMP skims of MF.
Is it something like FD or it is a risky instrument?
Please advice
FMP are very much secured but not 100% , they are more tax efficient than FD’s and give marginally better returns most of the times .
Read more on : https://www.jagoinvestor.com/2008/08/what-is-fmp-fixed-maturity-plans-fmps.html
and https://www.jagoinvestor.com/2008/11/real-face-of-fmps.html
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FMP are very much secured but not 100% , they are more tax efficient than FD’s and give marginally better returns most of the times .
Read more on : https://www.jagoinvestor.com/2008/08/what-is-fmp-fixed-maturity-plans-fmps.html
and https://www.jagoinvestor.com/2008/11/real-face-of-fmps.html