News From Press Target maturity funds are better than FMPs for locking in returns

Target maturity funds are better than FMPs for locking in returns

Source: Business Standard Aug 2, 2022

A number of asset management companies (AMCs), such as HDFC, Kotak, Tata, Axis, HSBC and Union have filed their offer documents with the Securities and Exchange Board of India (Sebi) for launching target maturity funds (TMFs) and fixed maturity plans (FMPs). Investors, who wish to lock into prevailing returns by investing for a fixed period, will have to choose between the two categories.

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