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