Mutual fund advisors are busy recommending three-year fixed maturity plans (FMPs) offered by asset management companies to investors. According to these advisors, investing in FMPs at this juncture make sense as investors can benefit from the `double indexation’ benefit .
“If you invest in a three- year FMPs before March 31, you will actually be holding it for a period slightly above three years. At the time of maturity, you will be eligible to claim indexation benefit for four y ..
