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The FMP Saga: What’s with Fixed Maturity Plans (FMP) Losing Money?

(Warning: Long post.) News floods the investment landscape about something strange in the land of debt funds. It turns out that: a) Kotak Mutual Fund has an ...
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Don't Buy A 1 year FMP: Taxes Will Apply Under DTC

Fixed Maturity Plans are being touted as the new way to lock yourself into about 10% yields. But Sandeep Shanbhag mentions why the Direct Tax Code screws the ...

FMPs can't be redeemed, have to trade on exchanges

SEBI’s new ruling: 3. It was decided that no early exit will be allowed in any scheme of Mutual Fund in the nature of a close ended scheme. The schemes ...