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Fixed Maturity Plans

Fixed Maturity Plans are good options for investors not wanting to ride the see-saw of the equity market and keeping their money blocked for a fixed time frame.

Here are the details of some recently launched FMPs:
JM Fixed Maturity Fund – Series X- Quarterly Plan 3
Offer Opens: June 12, 2008
Offer Closes: July11, 2008
Exit Load: 1%
Tenure: 91 Days

DWS Fixed Term Fund Series 52
Offer Opens: June 10, 2008
Offer Closes: June 24, 2008
Entry Load: Nil
Exit Load: 2% if redeemed before maturity

HDFC Fixed Maturity Plan 370D June 2008(1)- Series VIII
Offer Opens: June 17, 2008
Offer Closes: June 23, 2008
Type: Close Ended Income Scheme
Entry load: Nil
Exit Load: 1.50%, if redeemed before maturity.