
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:
ABN AMRO Fixed Term Plan- Series 10 Plan F
Tenure: 380 Days
Offer Opens: March 10, 2008
Offer Closes: March 17, 2008
Minimum Application: Rs 25000 for regular plan, Rs 25,00,000 for institutional plan
Exit Load: 2%
Birla Fixed Term Plan-Series AN
Tenure: 381 Days
Offer Opens: March 11, 2008
Offer Closes: March 17, 2008
Minimum application: Rs 5000 for retail plan and Rs 1, 00, 00,000 for
Institutional plan
Exit Load: 2%-If repurchased on or before 180 days from the date of allotment
1%-If repurchased after 180 days from the date of allotment but before maturity date
SBI Debt Fund Series-13 Months-7
Tenure: 13 Months
Offer Opens: 7 March 2008
Offer Closes: 17 March 2008
Plan: Retail and Institutional
Minimum Application: Retail- Rs 5000, Institutional-Rs 50,000
Standard Chartered Fixed Maturity Plan-Yearly Series 19
Tenure: 384 Days
Offer Opens: March 7, 2008
Offer Closes: March 14, 2008
Plan: Plan A, Plan B
Minimum Application: Plan A- Rs 5000, Plan B-Rs 1, 00, 000
Exit Load: 2%