Mutual funds' Zee group exposure hits investors - Global News | Latest & Current News - Weather, Sports & Health News

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As the name suggests, an FMP is an MF scheme that indicates a fixed return to investors after a pre-set time period, which could vary from a few months to a few years. FMPs of more than three years also offer lucrative post-tax returns and hence a large number of investors use these schemes as a substitute for bank fixed deposits.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News http://bit.ly/2X0A219

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