Decoding FMPs
  • Elizabeth George
  • Sep 12 2013

September 2: The market is flooded with fixed maturity plans. In July itself, 55 FMPs were introduced by fund houses, but should you invest in them? “No mutual fund product gives you guarantees anymore and it’s best to understand what a product offers and the gap it fills in your investment portfolio before being swayed by the marketing,” says Mint Money’s Monika Halan.