FMP
Franklin Templeton Fixed Tenure Fund – Series XIII – Plan A
December 30, 2009 by suresh
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
ICICI Prudential Fixed Maturity Plan Series 49 – 3 Years Plan B
October 30, 2009 by admin
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
October 30, 2009 by admin
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
Fixed Maturity Plans (FMP MF) stage a comeback
November 5, 2009 by admin
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
October 30, 2009 by admin
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