Mutual funds (MFs) are planning to launch a slew of fixed maturity plans (FMPs) as they look to cash in on the rise in bond yields. Fund houses like Nippon Life India MF, Kotak MF, Aditya Birla Sun Life MF, among others, have filed offer documents with Securities and Exchange Board of India (Sebi) to launch these popular close-ended debt schemes.
Nine big financial changes that you must watch out for in October
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