Suitability:
Fixed Maturity Plans, as the name suggests, are funds that have a fixed tenure which can vary from 3 months to 5 years or even more. Upon the completion of the stated tenure, the fund is wound up and investors' money is returned to them along with accumulated gains. Therefore, they are similar to bank fixed deposits except that they do not offer guaranteed returns even though they aim to better what an FD can fetch.
If you are looking to invest for a defined tenure during which you are sure you will not need to redeem your money, you may consider investing in an FMP of a matching duration. But avoid them if your investment horizon is more than 3 years. We believe that retail investors who are looking to invest for 3 years or more should have at least some portion of their money in equity because of its ability to earn much higher returns. That makes FMPs unsuitable.
Taxability of earnings:
Capital gains
Dividends
Please wait...
Please wait...
| YTD | 1 Month | 3 Months | 1 Years | 3 Years | 5 Years | 10 Years | |
|---|---|---|---|---|---|---|---|
| Fund | 6.19 | 0.38 | 1.28 | 6.56 | 6.86 | 7.31 | 8.06 |
| CCIL T Bill Liquidity Weight | 4.21 | 0.30 | 0.89 | 4.41 | 4.19 | 4.52 | 4.67 |
| Debt: FMP | 5.67 | 0.39 | 1.25 | 6.04 | 6.58 | 7.13 | 7.76 |
As on 13-Dec-2019
| Best (Period) | Worst (Period) | |
|---|---|---|
| Month | 1.17 (30-Aug-2013 - 01-Oct-2013) | 0.30 (11-Aug-2009 - 10-Sep-2009) |
| Quarter | 2.90 (24-Jul-2013 - 23-Oct-2013) | 1.03 (03-Dec-2009 - 04-Mar-2010) |
| Year | 10.37 (14-Dec-2007 - 15-Dec-2008) | 4.96 (03-Jun-2009 - 03-Jun-2010) |
| Mean | Std Dev | Sharpe | Sortino | Beta | Alpha | |
|---|---|---|---|---|---|---|
| Fund | -- | -- | -- | -- | -- | -- |
| CCIL T Bill Liquidity Weight* | 4.11 | 0.25 | -6.57 | -10.84 | -- | -- |
| Debt: FMP* | 6.40 | 0.51 | 1.87 | 3.75 | 0.40 | 1.29 |
The Risk Measures have been calculated using calendar month returns for the last three years.
As on
* As on 30-Nov-2019
Please wait...
| The underlying data is unavailable. |
As on 30-Nov-2019
— Amit Tripathi since 06-Jun-2007
Education: Mr. Tripathi is a B.Com (H) and PGDM.
Experience: Prior to joining Reliance Mutual Fund he has worked with New India Assurance Co. Ltd, Sun Invest Associates Ltd and CFS Financial Services Pvt. Ltd.
Interviews:
Funds Managed:
Personal finance advice and mutual fund ideas delivered to your inbox every Monday
The scheme aims to generate optimal returns consistent with moderate levels of risk and liquidity by investing in debt securities and money market securities.
| Minimum Investment (₹) | 1,00,00,000 |
| Minimum Addl Investment (₹) | -- |
| Minimum SIP Investment (₹) | -- |
| Minimum No of Cheques | -- |
| Minimum Withdrawal (₹) | -- |
| Minimum Balance (₹) | 5,00,00,000 |
| Exit Load | 0.3% |
| Fund House: | Nippon India Mutual Fund |
| Launch Date: | 06-Jun-2007 |
| Benchmark: | CRISIL Liquid |
| Riskometer: | Moderately Low |
| Type: | Open-ended |
| Assets: | ₹ 7 Cr (As on 30-Nov-2019) |
| Expense: | -- (As on ) |
| Risk Grade: | -- |
| Return Grade: | -- |
| Turnover: | -- |
| Plan | Record Date | Dividend (₹ / Unit) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | 09-Dec-2019 | 0.0028 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Fund News - 01-Sep-2017
Fund News - 02-Jun-2017
Reliance Quaterly Interval Series III Fund: Dividend Declaration
Fund News - 01-Jun-2017
Reliance Quarterly Interval Series III Fund: Dividend Declaration
Fund News - 02-Mar-2017
Fund News - 01-Mar-2017
AMC: Nippon India Life Asset Management Ltd.
Address: Reliance Centre, 7th Floor, South Wing Off Western Express Highway Santacruz (East) Mumbai - 400055
Phone: 022-68334800 / 18602660111
Fax: 022-33037662
Email: [email protected]
Website: http://www.nipponindiamf.com
Registrar & Transfer Agent: KFin Technologies Pvt Ltd.
Address: Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills, Hyderabad - 500034
Phone: 040-23312454
Email: [email protected]
Website: www.karvymfs.com
Friday, 20-Dec-2019
12:30 PM - 01:00 PM