What are FMP Mutual funds and how they are tax efficient than bank FD?
What are FMP Mutual funds and how they are tax efficient than bank FD? Bank Fixed deposits have been favorable for many investors as they provide fixed returns. If you are in high tax bracket, the post tax returns would be very low. One of the answers to this is to invest in Fixed Maturity Plan (FMP) mutual funds. FMP’s are tax efficient investment options. In this article, I would detail about what are FMP mutual funds, its features, how […]
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