Birla Sunlife introduces another new FMP NFO- Birla Sunlife Fixed Term Plan Series DD

Birla Sunlife mutual fund has launched a new FMP NFO- Series DD- Should you invest?

FMP NFOs are a dime a dozen these days. The first question to ask is whether this particular FMP NFO from Birla Sunlife Mutual Fund is worth investing. Lets dig into the details of Birla Sunlife MF Fixed Term Series DD

Open and close dates- Birla Sunlife MF Fixed Term Series DD

This new FMP NFO from Birla Sunlife Mutual Fund opens on May 26 and closes on June 06. This means that unlike many other FMP NFOs, this FMP gives you some time to mobilize funds, in case you are interested in investing

Maturity Period for Birla Sunlife Fixed Term Series DD NFO

Birla Sunlife Fixed Term Series DD has a maturity period of 367 days. This means that investors in this FMP NFO will be eligible for indexation benefits

Management expenses for Birla Sunlife Fixed Term Series DD FMP NFO

The total expense for this NFO is 2.25% per the prospectus. This is quite high for a fund that is benchmarked against the CRISIL short term bond index

You can take your call whether to invest in the Birla Sunlife Fixed Term Series DD NFO

If you need any more information about this Birla Sunlife Term Series DD, pls read the FMP NFO prospectus

Sundaram Fixed Term Plan AJ-FMP NFO review

Sundaram Mutual Fund has launched a new FMP NFO- The Sundaram Fixed Term Series AJ

Sundaram Mutual Fund has reiterated its focus on fixed maturity plans by launching a new fund offer (NFO) in the FMP category called the Sundaram Fixed Term Series AJ. The liquidity issues and the tax benefits are driving mutual funds to launch new FMP NFOs every day

Open and closing dates for Sundaram Mutual Fund Fixed Term Series AJ FMP NFO

Open and close dates
• Open dates for Sundaram Mutual Fund Fixed Term Series AJ – 27 December
• Close dates for Sundaram Mutual Fund Fixed Term Series AJ – 7 January

Sundaram Mutual Fund Fixed Term Series AJ – Tenure

The tenure of Sundaram Mutual Fund Fixed Term series AJ is 24 months. What this means is that this fixed maturity plan will qualify for 2 years indexation benefits for tax purposes.

Final review – Sundaram Mutual Fund Fixed Term Series AJ

It is difficult to predict interest rates over the next 2 years and hence its quite tough to give a call on whether Sundaram Mutual Fund Fixed Term Series AJ is a good bet, since it implies locking in your capital for over 2 years. However, if you are looking at the option of investing in an FD instead of this FMP, and do not definitely need the capital for 2 years, it is recommended to invest in this FMP. (Read FMP vs FDs for tax benefits for more details)

Download the Sundaram Mutual Fund Fixed Term Series AJ application form here

Axis Mutual Fund FMP- Fixed Term Plan Series 2 (371 days)

Axis Mutual Fund launches a new FMP- Fixed Term Plan Series 2

Axis Mutual Fund Fixed Term Plan Series 2 (371 days)

Axis Mutual Fund Fixed Term Plan Series 2- FMP Open and close dates

Open and close dates for Axis Mutual Fund FMP-Fixed Term Plan Series 2

• Open date for Axis Mutual Fund FMP Fixed Term Series 2- 10 March 2010
• Close date for Axis Mutual Fund FMP Fixed Term Series 2- 18 March 2010

Axis Mutual Fund Fixed Term Series 2 FMP Duration

Axis Mutual Fund Fixed Term Series 2 FMP has a maturity of 371 days

Should you invest in Axis Mutual Fund Fixed Term Series 2 FMP (Fixed Maturity Plan)?

Since Axis Mutual Fund Fixed Term Series 2 FMP will list in the last week of March, it will have double indexation benefits and the tax advantages work in the favour of this FMP.

• Retail Investment FMP Option- Minimum investment Rs 10000


• High Investment FMP Option- Minimum investment Rs 25,00,000
• Super high Investment FMP Option- Minimum investment Rs 1,00,000,000

Entry, exit loads for Tata Fixed Maturity Plan Series 25

There are no entry and exit loads for Tata Fixed Maturity Plan Series 25- The FMP will be listed and tradeable on the exchange

Franklin Templeton Fixed Tenure Fund – Series XIII – Plan A

Franklin Templeton Fixed Tenure Fund – Series XIII – Plan A- a new FMP from Franklin Templeton MF

Franklin Templeton Mutual fund has launched a new fixed maturity plan (FMP)

Franklin Templeton Fixed Tenure Fund Series X111 Plan A FMP-Open and close dates

The open and close dates for this FMP from Franklin Templeton Mutual Fund are 7 December 2009 and 20 January 2010

Maturity of FT Fixed Tenure Fund Series 13 Plan A

The maturity of this Fixed Maturity plan from Franklin Templeton Mutual Fund is 3 years

Entry and exit loads of Franklin Templeton Fixed Tenure Fund Series X111 Plan A

There is no entry load for this FT FMP, the exit load is obviously not applicable since there per new SEBI regulations, the FMP cannot be redeemed before maturity

The FMP is of course tradeable, but dont expect too much liquidity in the market

Recommendation for FT FMP Series 13 Plan A

Not a bad idea to invest in this Franklin Templeton FMP if you have money to spare right now, and avail indexation benefits for 3 years- but if you can wait for some time, you may get FMPs with better yields once the expected interest rate hike happens

#HDFC18M #FMP October 2009 – h…

#HDFC18M #FMP October 2009 – http://bit.ly/fiaWL- New fixed maturity plan from HDFC Mutual Fund. 18 Months maturity

Fixed Maturity Plans (FMP) revival in India 2009? A Phoenix rises from the ashes

Fixed Maturity Plans ( FMP ) in India have seen a huge revival in 2009

Fixed Maturity Plans almost led to the dismantling of the entire Indian mutual fund system, as FMP MF managers invested in risky assets such as real estate company (read : Fraud) fixed deposits. The RBI stepped in to clean up the mess with key regulations and Fixed Maturity Plans were supposed be history

Fixed Maturity Plans,however, have risen like a Phoenix from the ashes as the first five months of 2009 have seen investments in new Mutual Fund FMP IPOs of almost 6000 crore!

FMP (Fixed Maturity Plan) mutual Funds have benefited from Government regulations

FMP Fixed Maturity Plan MFs have matured as an investment vehicle in 2009. The Government imposed strict regulations on investments by FMP Mutual Funds have seen greater transparency in Fixed Maturity Plan investments that mature high networth investors (HNI) has appreciated

The quality of investments by Fixed Maturity Plan (FMP) mutual funds has also improved, as the new FMP IPOs of 2009 have desisted from investments in risky assets such as real estate company fixed deposits and NBFC investments

Just the fact that new FMP Fixed Maturity Plans have not invested in the volatile real estate company fixed deposits is enough to give potential FMP investors some confidence in FMPs as an asset class. The recessionary environment had earlier given credence to the belief that FMP Fixed Maturity Plan portfolios were in deep trouble due to the imminent collapse of real estate companies

Liquidity concerns in Fixed Maturity Plans (FMPs) has not impacted popularity of FMPs

RBI had ensured that Fixed Maturity Plans in India could not be sold before maturity and that FMPs could be freely tradeable in the market. However, given the low trades for bonds in the Indian market, FMPs or Fixed Maturity Plans are hardly traded,giving FMPs very low liquidity

However, this low liquidity of FMPs or Fixed Maturity Plans hardly seem to have affected their popularity as every new FMP is being lapped up by the market immediately. HNIs or High Networth Individuals still continue to believe in FMPs ( Fixed Maturity Plans ) as a great investment option for its obvious tax benefits

Kotak Fixed Maturity Plan – 12M Series 10 – Institutional Plan

Kotak Fixed Maturity Plan – 12M Series 10 – Institutional Plan

Kotak Fixed Maturity Plan – 12M Series 10 – Institutional Plan is a FMP scheme launched by Kotak Mutual Fund,open only to institutional investors

Details of the Kotak Fixed Maturity Plan – 12M Series 10 – Institutional Plan

Open and close dates for the 12 M Series 10
Kotak FMP

Issue Open date 14-Oct-2008 Issue Close date 03-Nov-2008

Kotak Fixed Maturity Plan – 12M Series 10 – Institutional Plan -Mutual Fund Family

Kotak Mahindra Asset Mgmt Co. Ltd.

Kotak Fixed Maturity Plan – 12M Series 10 – Institutional Plan Investment plan

This FMP is available in the dividend and growth option

Entry and Exit loads for Kotak Fixed Maturity Plan – 12M Series 10 – Institutional Plan

There is no Entry Load.The Exit Load of 1.50 % is applicable only the Kotak FMP is redeemed prior to maturity