UTI Mutual Fund launches Fixed Term Series V Plan X- new FMP plan

December 24, 2008 by Ganesh · Leave a Comment 

UTI Mutual Fund’s new FMP IPO- Fixed Term Series V Plan X

UTI Mutual Fund FMPsUTI Mutual Fund has launched a new FMP IPO- Fixed Term Series Series V Plan X. This UTI MF FMP is another typical FMP that seeks to invest in debt securities maturing around the same time as the duration of the FMP

Open and close dates of UTI MF Fixed Term Series V Plan X


This MF from UTI Mutual Fund is open from 16 December 2008 to 9 January 2009


Duration of UTI MF Series V Plan X FMP


UTI MF FMP Series V Plan X has a maturity date of 12 months. Since interest rates are expected to fall in the next 12 months, this FMP from the UTI Fund family is an interesting bet for investors who are still keen on fixed maturity plans

Entry and exit loads- UTI MF Series V Plan X


In a bid to prevent premature redemptions, UTI MF has set a steep exit load of 3% for this FMP

UTI MF Fixed Term Series V Plan X- Formats

UTI MF Fixed Term Series V Plan X comes in the following formats :

  • Retail Growth FMP
  • Retail Dividend FMP
  • Institutional Growth FMP
  • Instutional Dividend FMP
  • SIP Growth FMP
  • SIP Dividend FMP

    • Filed Under: Fixed Maturity Plans ( FMPs ), Past FMP New Fund Offers, UTI Mutual Fund FMPs
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    ICICI Prudential Series 48 – 3 year Plan B Fixed Maturity Plan

    November 28, 2008 by Ganesh · 2 Comments 

    ICICI Prudential S48 3 Year FMP Plan B IP (G),IP (D), RP (G). RP (D) from ICICI Prudential Mutual Fund

    icici prudential mutual fund fmpsA new FMP, ICICI Prudential S48 3 Year Plan B FMP has been launched by ICICI Prudential mutual fund

    ICICI Prudential S48 3 Year Fixed Maturity Plan Plan B variants

    ICICI Pru Series 48 3 Year Plan B comes in 4 variants

    • ICICI S48 3 Yr RP(g)- the growth option of the fixed maturity plan for retail participants
    • ICICI Pru S48 3 Yr RP(d)- the dividend option of the fixed maturity plan for retail participants
    • ICICI Pru S48 3 Yr IP(d)- the dividend option of the fixed maturity plan for institutional participants
    • ICICI Pru S48 3 Yr IP(g)- the growth option of the fixed maturity plan for institutional participants

    ICICI Pru S48 3 Yr Plan B FMP Maturity Period

    This fixed maturity plan from ICICI Prudential Mutual Fund has a maturity period of 3 years

    ICICI Pru S48 Plan B 3 Year Fixed Maturity Plan- Opening and closing dates

    ICICI Pru S48 Plan B FMP has a opening date of 03/11/2008 and a closing date of 5/12/2008

    Should you invest in ICICI Pru S48 Plan B

    Points In favour of investing in ICICI Pru S48 Plan B Fixed Maturity Plan

    • Given that interest rates are expected to fall, its a good time to lock in to the high expected 3 year returns of ICICI Pru S48
    • ICICI Prudential MF is a respectable fund house and one would expect that they would be careful in investing the Fixed Maturity Plan assets in good quality debt assets

      • Points against investing in ICICI Pru S48 Plan B Fixed Maturity Plan

      • Some investors are wary of FMP plans and mutual fund schemes in general, given the global financial environment and the recent bad press that FMPs have received.So, locking in your investments on a 3 year FMP is not advised by these investors who prefer dealing in short term FMPs
      • The exit load for withdrawing money from the ICICI Pru S48 Plan B Fixed Maturity Plan is quite steep at 3%. Investors who may face liquidity problems in the next 3 years and may need to withdraw from this FMP before the maturity date should avoid this ICICI Pru S48 3 year FMP

      Filed Under: FMP Mutual Fund Houses, Fixed Maturity Plans ( FMPs ), Icici Prudential MF FMPs, Past FMP New Fund Offers
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