Fmp

SEBI bars Kotak AMC from FMP launch for six months, fines Rs 50 lakh

Kotak AMC has also been directed to refund a part of the investment management and advisory fees collected from the unitholders of the six FMP schemes, the order stated.

Received FMP maturity proceeds? Here are options to reinvest the money for better returns

Investors in fixed maturity plans typically look for relatively less volatile returns than those offered by open-ended bond funds

HDFC FMP episode: Shareholders, big or small, the buck stops at your doorstep

Minority shareholders earn dividends and capital gains but in return bear the risk of a capital loss and being an owner, however small their stake may be

HDFC fund house to absorb FMP bond losses on Essel Group

In 2016, Franklin Templeton India AMC had bought the troubled Jindal Steel and Power Ltd's debt securities from its debt schemes after these papers were downgraded twice earlier that year.

SEBI sends fresh show-cause notices to HDFC MF, Kotak MF

Earlier in May, SEBI issued similar show-cause notices to both HDFC AMC and Kotak AMC.

The FMP saga: What’s with fixed maturity plans losing money?

Fixed maturity plans are special funds, sold as if they were a replacement for multi-year fixed deposits

What to do if your fixed maturity scheme rolls over

An FMP is supposed to sell its underlying securities, get the cash and pay off its investors on maturity. But when it looks difficult to sell its assets to get the cash, sometimes an FMP requests for a roll-over.

Will investors get their funds invested in FMPs or will SEBI step in?

Mutual funds experts said that SEBI has stepped in during times of crisis in the past and may do the same this time too.

Is your FMP in troubled waters?

Total eight fund houses — ICICI Prudential, Reliance, HDFC, Adity Birla Sun Life, DSP,UTI, Kotak, DHFL Pramerica — have exposure to distressed companies from Essel Group and IL&FS.

Opinion | The risk in Fixed Maturity Plans is now out in the open

Fund houses are caught in a trap of their own making

Essel woes: Kotak AMC may not fully repay investors in redeemed FMP

Kotak AMC did not specify how it will pay off its unitholders the money it would realise around its maturity (8 April; as per Value Research) and how it would segregate- and at what net asset value- the troubled debt securities.

Mutual funds line up 15 new fund offers in May

A large number of these schemes are aimed at investment in equity and equity-related securities and are open-ended

Need fixed income? Go for fixed maturity plan

This is the time in a year when most mutual fund houses launch Fixed Maturity Plans (FMPs). For beginners, it is a mutual fund scheme with a maturity date and the fund manager invests in various bonds or other fixed income instruments that mature before the maturity of the scheme. For a layman, it is like a fixed deposit.

Gold or MFs: Which is better for long-term investment?

The liquid funds and debt funds have started giving negative returns over the last couple of weeks after Reserve Bank of India intervened and tightened the liquidity, personal finance expert, Feroze Azeez, Anand Rathi Private Wealth Management said.

Fixed Maturity Plans vs Fixed Deposits: How they face off

Simply put, FMPs are the mutual fund industry‘s version of FDs. Over time, they have established a place in the portfolios of debt fund investors. Savvy investors sometimes do away with FDs and replace them with FMPs. Read this space to know what is it about FMPs that makes it so appealing to investors and how do they differ from FDs?

Which MF works for you: Refer to PN Vijay's guidebook

Investments are all about matching risks and returns. Investors worry too much about returns but risks are also important. CNBC-TV18's special show Informed Investor gets PN Vijay, Portfolio Manager of askpnvijay.com to guide which type of mutual fund suits a young investor who has just started his earnings.

FD, FMP attractive investment options now: Quantum MF

Arvind Chari, fund manager, Quantum Mutual Fund advises investors looking for investment options to consider debt instruments like fixed deposits (FDs) and fixed maturity plans (FMPs).

FMP is better than bank fixed deposit

Traditionally almost around 85% of the people in India invest their surplus funds in Bank Fixed Deposits, Postal Schemes etc. This clearly indicates that safety and security of the principal amount is the first priority when it comes to investment.

Why Fixed Maturity Plans are so popular among investors?

Fixed Maturity Plans have shown a huge interest among investors in the last financial year. With easy investing, tax benefits and good returns, FMPs continues to be the hot favorite among investors in spite of the recent rate cut by RBI. Read this space to know more about the product and the benefits it offer.

March AUM plunges to lowest since June 2009: CRISIL

CRISIL Research has come out with its report on Mutual Fund month end AUM numbers released by AMFI for the month of March 2012. According to the research firm, the decline in mutual fund assets was due to sharp outflows of Rs 765 billion from liquid/money market funds.

Interest rates to inch lower in 18-24 months: ICICI Pru MF

Chaitanya Pande, Head-Fixed Income, ICICI Prudential MF expects yields to stabilize at current levels. According to Pande, all eyes will be focused on RBI’s stance on interest rates in the policy.

AUM up 8% on liquid fund inflows, mkt gains in equity fund

CRISIL Research has come out with its report on 'AUM up 8% on liquid fund inflows, market gains in equity funds'.

Debt asset quality of ICRA rated schemes remains stable

ICRA Ratings has come out with its report on asset qualities of its rated debt schemes, Feb 2012. According to the rating agency the credit profile of its rated debt funds are expected to remain stable, as the fund managers are likely to continue with their risk-averse investment strategy.