Q. What is Fixed maturity plan? How does it works. How its different form bank FD?Ans. FMPs are fund that has fixed tenure of maturity, Other than open ended fund in Mutual fund universe. Primarily invested in bonds and fixed deposits, with little bit equity exposure. Fixed Deposite offers assured returns, FMPs give only analytical returns. Lets have a look on comparison table below.
Shakti Shukla
SBI Life & Mutual Fund Distributor
VSS MARKET COMPLEX, chhend colony
Rourkela
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