Tuesday, February 1, 2011

Fixed Maturity Plan (FMP) is a good short term investment option

Fixed Maturity Plan is a type of mutual fund which gives a fixed return for a period of time. It is just like fixed deposits in banks, but the main difference is that the return (profit) is not guaranteed, even if it gives more return than fixed deposit.

From: http://ping.fm/kkUV1

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