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

Birla Sunlife Mutual Fund has launched a new FMP – Fixed Term Plan Series CK

Another FMP from Birla Sunlife Mutual Fund- Fixed Term Plan Series CK

Birla Sunlife Mutual Fund seems quite committed to launching new Fixed Maturity Plans of varied maturities. Fixed Term Plan Series CK is yet another FMP NFO in that category

Open and closing dates for Birla Sunlife Mutual Fund Fixed Term Plan Series CK

Birla Sunlife Mutual Fund Fixed Term Plan Series CK
• Open date of Fixed Term Plan Series CK NFO issue : 30 December 2010
• Close date of Fixed Term Plan Series CK NFO issue : 6 January 2011

Birla Sunlife Mutual Fund Fixed Term Plan Series CK – maturity period of this FMP

The maturity period of Fixed Term Plan Series CK is 368 days. This means that the FMP will qualify for single indexation tax benefits

The final review- Birla Sunlife Fixed Term Plan Series CK

While Fixed Term Plan Series CK qualifies for single year indexation benefits for taxes, some may like to wait for other FMPs to be launched particularly at the end of the calendar year, that may allow for double indexation tax benefits

Application form for Birla Sunlife Fixed Term Series CK

ICICI Prudential Fixed Maturity Plan (FMP) Series 53 – 18 Months Plan A

ICICI Prudential Fixed Maturity Plan Series 53 – 18 Months Plan A-Review

ICICI Prudential Mutual Fund has launched a new FMP – Series 53 18 Months Plan A. Due to the ongoing liquidity issues, this is another FMP among the spate of FMP issues that we are seeing in the market recently

Read more

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

Fixed Maturity Plans (FMP MF) stage a comeback

Fixed Maturity Plans (FMP Mutual Funds) are the rage in the mutual fund NFO market

Just some time back, FMP new fund offers had virtually vanished. After the debacle in FMP mutual funds last year, fixed maturity plans had been shunned by high individuals (HNIs), retail and institutional investors in India

Fixed Maturity Plans (or FMP mutual funds) new fund offers have returned in huge numbers

New Fixed Maturity Plans (FMP new fund offers) have been launched by ICICI Prudential Mutual Fund, HDFC Mutual Fund, Fortis Investments, JM Financial and Tata Mutual Fund in the last month. Per sources, the response to these FMP MFs (fixed maturity plan mutual funds) has been excellent from institutional, corporate and retail investors

Recently launched FMP MFs (fixed maturity plan mutual fund offers) may offer lower returns than last year but the returns will be more secure

New FMP MF NFOs will probably offer lower return than the fixed maturity plans offered by mutual funds last year, but there is really no estimated return. However, the recent SEBI regulations regarding FMP Mutual Funds have ensured that the investments in fixed maturity plans are more secure. There seems to be little chance of the disaster that almost hit mutual funds that dealt with FMP products last year

Revived interest in FMP Fixed Maturity Plan New Fund Offers by India Mutual Funds – SEBI deserves a major portion of the credit

SEBI definitely took steps in the right direction with regulations to rein in rampant FMP NFOs that invested in risky debt portfolios in the search of the elusive higher yields. With SEBI ‘s new reforms, there are strict restrictions and disclosures needed from MFs in India launching Fixed Maturity Plan (FMP) new fund offers (NFOs).

Are FMP Fixed Maturity Plans from Indian Mutual Funds such as ICICI Prudential, HDFC,Fortis & Tata Mutual Fund liquid anymore?

Liquidity in FMP Fixed Maturity Plan Mutual Funds? Absolutely not! Though SEBI insists on having the FMP listed on the exchanges as a debt fund, not too many trades are taking place in FMP funds.

However, liquidity is not the only criteria for FMP investors- the improvement in the quality of investments by FMP MFs has drawn retail, institutional investors back to Fixed Maturity Plans

Tata Fixed Maturity Plan Series 25 – Scheme C – Retail Investment Plan

Tata Fixed Maturity Plan Series 25 – Scheme C- new FMP new fund offer from Tata Mutual Fund

Tata Mutual Fund launches a new Fixed Maturity Plan- Series 25 Scheme C, to cater to retail and institutional investors

Tata Fixed Maturity Plan Series 25- FMP Open and close dates

Open and close dates for Tata Fixed Maturity Plan Series 25

• Open date for Tata MF Fixed Maturity Plan Series 25- 21 October 2009
• Close date for Tata MF Fixed Maturity Plan Series 25 – 4 December 2009

Tata Mutual Fund Fixed Maturity Plan Series 25 FMP – Schemes

Tata Fixed Maturity Plan Series 25 FMP is offered in the following schemes

• 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

ICICI Prudential Fixed Maturity Plan Series 49 – 3 Years Plan B

ICICI Prudential Mutal Fund has launched a new FMP-Fixed Maturity Plan Series 49 – 3 Years Plan B

New Fixed Maturity Plan – ICICI Prudential FMP Series 49 3 Years Plan B

ICICI Prudential Fixed Maturity Plan Series 49 – 3 Year Plan B FMP: Open and close dates

• Open date for ICICI FMP Series 49 Plan B: 20 October 2009
• Close date for ICICI FMP Series 49 Plan B: 5 November 2009

ICICI Prudential FMP Series 49 Plan B- Maturity period

Maturity Period for ICICI Prudential Series 49 Plan B is 3 years

Entry Exit loads for ICICI Prudential FMP Series 49 Plan B

Per recent SEBI guidelines, there is no entry/exit load for ICICI Prudential FMP Series 49 Plan B. However, this fixed maturity plan will be listed and be freely tradeable on the exchange

Fortis India Mutual Fund Investments launched new FMP- Fixed Term Fund – Series 16 B

Fortis Fixed Term Fund Series 16B – another fixed maturity plan (FMP) from Fortis India Mutual Fund Investments

New Fixed Term Fund Series 16B from Fortis Mutual Fund Investments

Fortis Fixed Term Fund – Series 16 B FMP: Open and close dates

• Open date for Fortis Fixed Term Fund – Series 16 B: 20 October 2009
• Close date for Fortis Fixed Term Fund – Series 16 B: 3 November 2009

Fortis Fixed Term Fund – Series 16 B: Maturity Period – Fixed Maturity Plan

Maturity Period for the FMP from Fortis Investments is 18 months

Entry Exit loads for Fortis Fixed Term Fund – Series 16 B

Per recent SEBI guidelines, there is no entry/exit load for Fortis Fixed Term Fund – Series 16 B FMP

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