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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

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:

Templeton Fixed Horizon Fund Series VII-Plan B
Tenure: 400 Days
Offer Open: March 4, 2008
Offer Closes: March 10, 2008
Plan: Regular and Institutional
Schemes: Growth and Dividend Payout
Minimum Investment: Rs. 5000 (for regular plan) and Rs. 1 cr (for institutional plan)
Cost Per Unit: Rs.10

UTI FMP Yearly Series 0208
Tenure: 396 Days
Offer Open: February 18, 2008
Offer Closes: March 4, 2008
Schemes: Growth and Dividend
Minimum Investment: Rs. 10000
Cost per unit: Rs.10


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