FMP Update

Here are some more launches of FMP that are available in the market at this point of time

Please read the following blogs to get details about what an FMP is and its advantages

1. Why invest in Fixed maturity plans ?

2. Fixed Maturity Plan - FAQ

LICMF Fixed Maturity Plan Series 32
Tenure: 13 Months
Offer open: September 20, 2007
Offer closes: September 27, 2007
Schemes: Growth, Dividend Payout and Reinvestment
Minimum investment: Rs 10000
Cost per unit: Rs 10

DSPML Fixed Term Plan - Series 3H
Tenure: 12 Months
Offer open: September 14, 2007
Offer closes: October 10, 2007
Schemes: Growth and Dividend Reinvestment
Plan: Regular and Institutional
Minimum investment: Rs 25000 (Regular Plan) and Rs 1 crore (Institutional Plan)
Cost per unit: Rs 1000