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Are FMPs a good option for NRIs?

Dhirendra Kumar compares NRE fixed deposits vis-à-vis FMPs as an investment option for NRI investors

Is FMP a good option for NRI investors who want to invest to take care of the debt allocation of their portfolio, considering NRE fixed deposits give tax free return at 7.5 per cent? Please ignore draw back of lock in period of FMP. Also how should one choose a good FMP among the ones available.
- Mamta

This article was originally published on March 07, 2019.

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