Episode 74: Should you invest in Fixed Maturity Plans (FMPs)?
Fixed Maturity plans, or FMPs, as they are commonly known, don’t usually come into the limelight. But with AUM of over Rs 1 trillion, they are quite popular among investors who consider them as better alternatives to the traditional bank fixed deposits. They have the potential to offer superior returns than the latter and are more tax-efficient too. So, are they a viable solution for investors suffering from falling yields on banks FDs? Should they be in your portfolio? Join us in our next Investors’ Hangout as we discuss the case for FMPs and give you some useful tips to pick the right one.
My Financial Goal #1
Buy a House
July 31, 2022