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News From Press Mutual fund houses launched 46 FMPs in July. Should you invest?

Mutual fund houses launched 46 FMPs in July. Should you invest?

Source: The Economic Times Aug 16, 2018


Several mutual fund houses such as Aditya Birla Sun Life, Axis Mutual Fund, DHFL Pramerica, DSP BlackRock, Franklin India, HDFC, HSBC, ICICI Prudential MF, IDFC MF, Invesco India, Kotak AMC, Reliance MF, SBI Mutual Fund, Sundaram Mutual Fund and UTI MF are busy launching fixed maturity plans or FMPs with a tenure of a little over 1,095 days or 36 months. These AMCs have launched 46 FMPs in July.

“G-Sec yields are high. Whenever, they are at an elevated level, we have seen FMP launches g ..

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