Roll over FMPs only if you don't need cash

Akhil Mittal, senior fund manager of Tata Asset Management says that

investors whose investments in fixed maturity plans (FMPs) are nearing

maturity are shifting to other products, especially hybrid or balanced

funds, instead of rolling over the FMP. Fund managers are seeing investors

move to both debt and equity oriented hybrid funds.

http://www.business-standard.com/article/pf/roll-over-fmps-only-if-you-don-t-need-cas..

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