Fixed Maturity Plans: Indicative yields are not a bad idea

SEBI has banned FMPs from giving indicative yields. It should re-examine the fiat

Market regulator Securities and Exchange Board of India (SEBI) has said that neither a fund house nor a distributor can give ‘indicative’ returns on fixed maturity plans (FMPs). This is a strange order and merits deeper examination.

In the old days, there used to be something called ‘inter-corporate’ loans—one...

Archived Premium Content
This article is outside your subscription period. You can buy this article individually.
SINGLE ARTICLE
Rs 50-Rs 100 + GST
Access will be given ONLY to this article.
 
Get access to complete archives
Rs 5000 + GST
 
 
Already a subscriber ? Log in
Free Helpline
Legal Credit
Feedback