Net Asset Value

Fixed Maturity Plan

What is FMP in Mutual Fund ? All About Fixed Maturity Plan

A Fixed Maturity Plan is a closed-end debt mutual fund scheme. An FMP looks similar to a  fixed deposit where one puts money for a specific period and gets it back at maturity with a  specific tenure say 3 to 4 years along with some appreciation. The difference is that one cannot withdraw before maturity, …

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