
Fixed Maturity Plans are good options for investors wanting to block their money for a fixed time frame. Though the returns are not assured, investors can expect a return in tune with the current interest rate scenario.
These close-ended schemes seek to generate regular returns and capital appreciation by investing in debt, government and money market securities normally maturing in line with the duration of the scheme.
Here are the FMPs available in the market:
DSPML Fixed Term Plan - Series 3 F
Tenure: 12 months
Offer Open: August 31, 2007
Offer Closes: September 10, 2007
Plan: Regular and Institutional
Schemes: Growth and Dividend Reinvestment
Minimum Investment: Rs 25,000 (for regular plan) and Rs 1 Cr (for institutional plan)
Cost Per Unit: Rs 1000
Sundaram BNP Paribas Fixed Term Plan Series XXXII
Tenure: 375 days
Offer Open: September 3, 2007
Offer Closes: September 6, 2007
Schemes: Growth, Dividend Reinvestment and Payout
Minimum Investment: Rs 5000
Cost Per Unit: Rs 10