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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.

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.

Here are the FMPs available in the market:

Birla Fixed Term Plan- Series V
Tenure: 370 Days
Offer open: April 25 to April 27, 2007
Maturity: May 3, 2008
Schemes: Retail and Institutional with Growth and Dividend Options
Minimum investment: Rs 5000 in Retail and Rs.1 lakh in Institutional Plan
Benchmark Index: Crisil Short Term Bond Fund Index

ABN Amro Fixed Term Plan- Series 7- Quarterly Plan B
Tenure: 90 Days
Offer open: April 27, 2007
Offer Closes: April 27, 2007
Schemes: Growth, Dividend and Monthly Dividend
Minimum investment: Rs 25000
Fund Manager: Mr. R. Sivakumar

Standard Chartered Fixed Maturity Plan QS 10
Tenure: 90 Days
Offer open: April 24 to April 26, 2007
Maturity: July 26, 2007
Schemes: Growth and Dividend
Minimum investment: Rs 500
The fund proposes to yield around 10.30% per annum.

DWS Fixed Term Fund- Series 31
Tenure: 90 Days
Offer open: April 25 to April 26, 2007
Maturity: July 25, 2007
Schemes: Growth and Dividend Payout
Minimum investment: Rs 5000
Benchmark Index: Crisil Short Term Bond Fund Index
Fund Manager: Mr. Suresh Soni


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