FMPs are closed ended mutual fund schemes that invest in debt instruments. Such a fund invests only in instruments whose duration is similar to its own term.
This scheme is apt for investor who seeks stable return from debt investment. FMP invest in various debt market securities like NCD Non Convertible Debenture, Corporate/Government Bonds, Treasury Bills, Commercial Papers, Certificate of Deposits & Other Money Market Instrument & Bank FDs.
| Fund Name | Tenure | Open | Close | Maturity Date | Minimum Subscription Amount | |
|
Term: More than 1 Year |
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|
L&T FMP Series XX Plan A (1471 Days) - Regular Plan |
1471 | 27-Oct-2020 | 02-Nov-2020 | - | 5,000 | |
|
Nippon India Fixed Horizon Fund XLII - Series 7 - Regular Plan |
1869 | 04-Nov-2020 | 09-Nov-2020 | - | 5,000 | |
Disclaimer: Investments in FMPs are subject to market risk. Please read the offer documents carefully before investing.
