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Learn more about Fixed Maturity Plans – Article on Economic Times
January 27, 2010 | Leave a Comment
Fixed Maturity Plans were all the hot thing a couple of years back, especially in the year 2007. They were advertised as plans that offered ‘guaranteed’ returns, even though the regulator did not allow fund companies to announce guaranteed returns, only advertise the returns as indicated returns. FMP’s are actually similar to fixed deposits in [...]