In your interest.
Online Personal Finance Magazine
No beating about the bush.
There are good reasons why FMPs are not easily available for retail investors. If you want to subscribe, you will have to make an extra effort
One of our readers had mentioned that the Fixed Maturity Plans (FMPs) launched by various mutual funds (MFs) are cloaked in secrecy. They remain open for one or two days; there is not much publicity; and not everyone gets an opportunity to get in....
When the market is soaring, newcomers are told to ‘buy on dips’. When the market tumbles, the refrain changes. ‘Sell on rallies’, say the veterans. Time goes by. Newcomers become
old-timers. The advice is handed on, its longevity undoubtedly aided by the fact that it seems so reasonable. But wait. A dip is a dip only if the price doesn’t keep falling. What if you buy on a dip, and then, after...