Fixed Maturity Plans are closed ended and are held to maturity, which in recent times have found many a takers.
To maintain a healthy portfolio, it is important to identify and eliminate unsuitable elements in the portfolio, which may damage your overall returns. Financial Advisor Manikaran Singal explains why the process of rebalancing portfolio is important in order to achieve desired goal.
While budget increased DDT on debt investment and announced measures for fiscal control, RBI followed it with reducing interest rates. Both these decisions had an impact on Fixed Income assets. Since we are very close to end of financial year, it will be a good time to restructure our investments before the budget provisions becomes applicable.
When it comes to investing, both FMPs and FDs gives more or less the same returns. However when compared in real term, the difference between the two is substantial. Financial advisor Anil Rego discusses the advantages that FMPs enjoy over FDs.
According to the latest numbers released by AMFi, the mutual fund industry’s month-end assets under management plunged by over 13% , the lowest recorded since June 2009.
Dhawal Dalal, senior vice president and head of fixed income at DSP BlackRock Investment Managers and Amitabh Mohanty, head of fixed income at Reliance Capital Asset Management, in an interview with CNBC-TV18’s Udayan Mukherjee and Mitali Mukherjee, share their views on pros and cons of fixed maturity plans (FMPs).
When the interest rates rise, Fixed Maturity Plan is the most recommended investment among debt funds due to its subtle features like relatively low interest rate risk, transparency in portfolio disclosures and tax advantages. So how does FMP exactly work? Read the story to know about FMP investing.