News for 'deutsche-mutual'

Equity-linked FMPs too complex for retailers

Equity-linked FMPs too complex for retailers

Rediff.com18 Jul 2008

This product was first introduced by ICICI Prudential Mutual Fund (ICICI Prudential FMP Series 33) and Deutsche Mutual Fund in February. Recently, Birla Sun Life Mutual Fund has also floated a similar fund. The Nifty return, multiplied by the participation ratio (that is pre-decided by the fund) is the final returns. In Aviator, the participation ratio is 140-145 per cent, leading to returns of 43.14-44.5 per cent in our given example.

How fixed maturity plans can help investors

How fixed maturity plans can help investors

Rediff.com27 Nov 2015

While FMPs no longer offer the same short-term advantage, it is still a good product for the medium term.