FMP is unclear to investors: Our Online Survey Results
March 5, 2014
Moneylife’s online survey on FMP shows that 25% of the respondents do not invest in FMP. Those who are aware of the tax benefits and decent returns do not shy away from FMPs. What stops others? Lack of clarity and dearth of reliable advice is to blame
Raj Pradhan
Moneylife online survey on fixed maturity plans (FMPs) received 372 responses. At first glance, the survey shows that 25% respondents do not invest in FMPs.