Franklin Templeton flags concerns with India FMPs

May 18, 2014

The fund house says it will not issue fixed-maturity plans in India, citing their unattractive risk-return profile, while other firms privately admit the risks posed by such products.

Franklin Templeton flags concerns with India FMPs

Many fund houses sell short-term debt funds in India – popular products known as fixed-maturity plans – despite investor expectations of guaranteed returns, when no such guarantees exist.

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