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  • News From Press Mutual funds plan to launch a slew of FMPs as bond yields increase

    Mutual funds plan to launch a slew of FMPs as bond yields increase

    Fund houses like Nippon Life India MF, Kotak MF, Aditya Birla Sun Life MF, among others, have filed offer documents with Sebi to launch these popular close-ended debt schemes
    Business Standard Apr 1, 2021

    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.

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