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  • General Investments

Fixed Maturity Plans

  • By: Published
  • September 14, 2020
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If you compare bank FD, then FMPs are definitely better because of indexation benefit while tax calculation. However returns are not really fixed like bank interest rates. They vary (even though not significantly). They are basically closed ended debt MFs. If your investment horizon is 3 years or more, then there are other attractive combination of options.

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