
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:
DWS Fixed Term Series -47
Tenure: 390 Days
Offer Opens: March 18, 2008
Offer Closes: March 27, 2008
Minimum Investment: Rs.5000/- for regular plan and Rs.10, 00,000 (Ten Lacs) for institutional plan
Exit Load: 2% before maturity.
Lotus India Fixed Maturity Plan-375 Days-Series VIII
Tenure: 375 Days
Offer Opens: February 14, 2008
Offer Closes: March 27, 2008
Minimum Investment: Rs.5000/- for retail investor and Rs.5, 000,000 for institutional investor
Exit Load: 2 % before maturity.
Standard Chartered FMP Yearly S18 Plan A
Tenure: 1 year
Offer Opens: February 28, 2008
Offer Closes: March 26, 2008
Minimum Investment: Rs. 5000/-
Exit Load: 2% before maturity.
SBI Debt Fund Series -90 Days -22
Tenure: 90 Days
Offer Opens: 24 March 2008
Offer Closes: 25 March 2008
Minimum Application: Rs 50000
Exit Load: 1% before maturity.
Templeton Fixed Horizon Fund Series VII -Plan D
Tenure: 375 Days
Offer Open: March 24, 2008
Offer Closes: March 27, 2008
Plan: Retail and Institutional
Schemes: Growth and Dividend Payout
Minimum Investment: Rs. 5000 (for regular plan) and Rs. 1 cr (for institutional plan)