#3284 new
Bonds India

FMP Vs Bank Fixed Deposit

Reported by Bonds India | November 8th, 2021 @ 09:48 AM

FMPs are closed ended mutual fund scheme with a maturity period ranging from a few days to five years. Most of the FMP plans are debt oriented. But a few scheme may have a small equity component. At the end of the period, the scheme matures, just like a (Fixed Deposits Investment, fixed deposit in a bank. FMP schemes have two options. With growth option or with dividend options.

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