Factors To Consider While Investing In Fixed-term Plans
Fixed maturity plans are a common form of debt investments offered by mutual funds. They are tax-efficient and offer favorable returns as compared to other investments like bank fixed deposits. They are however more complex than fixed deposits in a bank or liquid mutual funds.
What To Look For In A Prospectus Of Mutual Funds
Mutual fund advertisements are very often seen on television. Most of them advertise about planning for your children’s future or for your retirement as well as just planning ahead for life. But there is always a disclaimer at the end of the commercials that states, “Mutual funds are subject to market risks, please read the offer document carefully before investing”.
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