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What is a Fixed Maturity Plan in Mutual Funds: Features, Benefits, and Who Should Invest?

Investors frequently seek stable and predictable investment options, and Fixed Maturity Plans (FMPs) have become a favored choice among mutual funds. As the name suggests, these funds have a set duration and invest in debt instruments that mature in sync with the fund’s maturity date. This setup provides a reliable and predictable cash flow, making …