Fund News

FMPs for the Day

The mutual fund industry is busy catering to the growing preference for fixed-return investments. Of course, the good returns delivered by Fixed Maturity Plans have encouraged the funds to come out with such schemes on a regular basis.

The mutual fund industry is busy catering to the growing preference for fixed-return investments. Of course, the good returns delivered by Fixed Maturity Plans have encouraged the funds to come out with such schemes on a regular basis.

Here are the FMPs available in the market.

Prudential ICICI Fixed Maturity Plan Series 37- Three Months Plan B

Tenure: 90 days

Offer open: March 28-29, 2007

Maturity: June 27, 2007

Schemes: Growth and Dividend Payout

Minimum investment: Rs 5,000

Exit load: 1%

The fund proposes to yield between 11.2% - 11.3% per annum.

DWS Fixed Term Fund- Series 28

Tenure: 90 days

Offer open: March 26-28, 2007

Schemes: Growth and Dividend Payout

Minimum investment: Rs 5,000

Exit load: 1% if redeemed before maturity

Fund manager: Suresh Soni

Benchmark: Crisil Short Term Bond Fund Index

Birla Fixed Term Plan- Series U

Tenure: 385 days

Offer open: March 13 to March 28, 2007

Plans: Retail and Institutional

Schemes: Growth and Dividend Payout

Minimum investment: Rs 5,000 (retail), Rs 1 lakh (institutional)

Benchmark: Crisil Short Term Bond Fund Index

Fund manager: Satyabrata Mohanthy
DWS Fixed Term Fund- Series 24

Tenure: 13 Months

Offer open: March 23-28, 2007

Plans: Retail and Institutional

Schemes: Growth and Dividend Payout

Minimum investment: Rs 5,000 (retail), Rs 1 crore (institutional)

Exit load: 2% if redeemed before maturity

Fund manager: Suresh Soni

Benchmark: Crisil Short Term Bond Fund Index

DBS Chola Fixed Maturity Plan- Series 6

Tenure: 371 Days

Offer open: March 19-28, 2007

Schemes: Growth and Dividend

Minimum investment: Rs 5,000

Exit load: 2% if redeemed before maturity

Fund manager: Ashish Nigam

Benchmark: Crisil Liquid Fund Index

Sundaram BNP Paribas Fixed Term Plan Series-XXII

Tenure: 90 Days

Offer open: March 26-28, 2007

Schemes: Growth and Dividend

Minimum investment: Rs 5,000

Exit load: 1.50% if redeemed before maturity

Fund manager: Dheeraj Singh

Benchmark: Crisil Liquid Fund Index


Ask Value Research aks value research information

No question is too small. Share your queries on personal finance, mutual funds, or stocks and let us simplify things for you.


These are advertorial stories which keeps Value Research free for all. Click here to mark your interest for an ad-free experience in a paid plan

Other Categories