Are you also bored of investing money in FD and RD? And if you are thinking of getting better returns that too with less risk, then this video is just for you. In this video we will explain FMP Fixed Maturity Plan which is a close-ended Debt Mutual Fund. In this the money is invested in safe instruments. Government Bonds Corporate Bonds Money Market Instruments Debentures meaning Lower Risk + Stable Returns In this video you will know what is FMP. What works? Is it a better choice than FD? Who should invest in FMP? Pros & cons of FMP Advantages of FMP Predictable returns Almost zero impact of market volatility Tax saving with indexation (3+ years holding) No entry/exit load Higher potential returns than FD Some disadvantages which are important to know. Lock-in period Cannot withdraw money during the period Slight credit risk Reinvestment risk If you are looking for low risk + better returns + tax efficiency then FMP can be a smart investment option.
