
Fixed Maturity Plans are ideal for investors willing to block their money for a specified time frame. Though their returns are not assured, investors can expect a return in tune with the current interest rate scenario.
Here are a few FMPs currently open for subscription :
UTI Short Term FMP - Series I - II (91 Days)
NFO Opens: July 10, 2008
NFO Closes: July 15, 2008
Load: 1% exit load will be charged if redeemed before maturity.
Tenure: 91 Days.
LIC Fixed Maturity Plan - Series 43
NFO Opens: July 07, 2008
NFO Closes: July 14, 2008
Load: 1.5% if redeemed within 180 days and 1 % if redeemed after that
Tenure: 13 Months
Templeton FHF - Series IX - Plan B
NFO Opens: July 09, 2008
NFO Opens: July 14, 2008
Load: 2.5% Exit load is charged if redeemed before 6 months, 2% redeemed before 9 months and 1.5% if redeemed before maturity.
Tenure: 367 Days.
Reliance FHF VIII- Series 9
NFO Opens: July 10, 2008
NFO Closes: July 11, 2008
Load: 1% of Exit load would be charged if redeemed within 6months
Tenure: 6 Months