The table below shows the Best Fixed Maturity Plans in India based on AUM, NAV.
|DSP FMP 267-1246D||601.41||10.64|
|HDFC FMP-Sr 46-1861D-Mar 2022||410.44||10.77|
|ICICI Pru FMP-85-10Y-I||396.92||14.49|
- Top Fixed Maturity Plans
- Best Fixed Maturity Plans
- Best Fixed Maturity Plans India
- Best Fixed Maturity Plans Of Mutual Funds
- Best Fixed Maturity Plans India – FAQs
- Introduction to Best Fixed Maturity Plans India
Top Fixed Maturity Plans
The table below shows the Top Fixed Maturity Plans based on lowest to highest expense ratio.
|DSP FMP 267-1246D||0.00|
|HDFC FMP-Sr 46-1861D-Mar 2022||0.00|
|ICICI Pru FMP-85-10Y-I||0.00|
Best Fixed Maturity Plans
The table below shows the Best Fixed Maturity Plans based on Highest 3Y CAGR.
|ICICI Pru FMP-85-10Y-I||4.99|
|Nippon India FHF-XLI-8-3654D||4.97|
Best Fixed Maturity Plans India
The table below shows Best Fixed Maturity Plans India based on exit load i.e., the fee that the AMC charges investors when exiting or redeeming their fund units.
|SBI FMP-71-364D||0.00||SBI Funds Management Limited|
|SBI FMP-41-1498D||0.00||SBI Funds Management Limited|
|SBI FMP-69-367D||0.00||SBI Funds Management Limited|
|SBI FMP-66-1361D||0.00||SBI Funds Management Limited|
|DSP FMP 267-1246D||0.00||DSP Investment Managers Private Limited|
|SBI FMP-67-1467D||0.00||SBI Funds Management Limited|
|SBI FMP-42-1857D||0.00||SBI Funds Management Limited|
|HDFC FMP-Sr 46-1861D-Mar 2022||0.00||HDFC Asset Management Company Limited|
|Kotak FMP-292-1735D||0.00||Kotak Mahindra Asset Management Company Limited|
|ICICI Pru FMP-85-10Y-I||0.00||ICICI Prudential Asset Management Company Limited|
Best Fixed Maturity Plans Of Mutual Funds
The table below shows the Best Fixed Maturity Plans Of Mutual Funds based on Absolute Return 1 Year and AMC.
|Name||AMC||Absolute Returns – 1Y|
|Nippon India FHF-XLIII-5-2315D||Nippon Life India Asset Management Limited||7.84|
|SBI FMP-34-3682D||SBI Funds Management Limited||7.81|
|HDFC FMP-Sr 46-1876D-Mar 2022||HDFC Asset Management Company Limited||7.76|
|ICICI Pru FMP-85-10Y-I||ICICI Prudential Asset Management Company Limited||7.76|
|Bandhan FTP-179-3652D||Bandhan AMC Limited||7.72|
|SBI FMP-1-3668D||SBI Funds Management Limited||7.71|
|SBI FMP-6-3668D||SBI Funds Management Limited||7.69|
|Aditya Birla SL FTP-TQ-1879D||Aditya Birla Sun Life AMC Limited||7.63|
|Nippon India FHF-XLI-8-3654D||Nippon Life India Asset Management Limited||7.60|
|HDFC FMP-Sr 46-1861D-Mar 2022||HDFC Asset Management Company Limited||7.56|
Best Fixed Maturity Plans India – FAQs
What are the Best Fixed Maturity Plans?
Best Fixed Maturity Plans #1: SBI FMP-71-364D
Best Fixed Maturity Plans #2: SBI FMP-41-1498D
Best Fixed Maturity Plans #3: SBI FMP-69-367D
Best Fixed Maturity Plans #4: SBI FMP-66-1361D
Best Fixed Maturity Plans #5: DSP FMP 267-1246D
These funds are listed based on Highest AUM.
Is a fixed maturity plan good?
Fixed Maturity Plans (FMPs) offer fixed tenures, tax efficiency, and potential higher returns, making them suitable for investors seeking stable, short-term investment options.
Which mutual fund has a fixed date of maturity?
Fixed Maturity Plans (FMPs) are the specific type of mutual funds with a fixed maturity date. Unlike other mutual funds, FMPs come with a predetermined maturity date, one of their distinctive features.
Is FMP tax free?
Fixed Maturity Plans (FMPs) are not entirely tax-free. The income you earn from FMPs is subject to tax. However, an indexation benefit is available for FMP investments held for more than three years.
Is FMP better than FD?
FMPs may offer potentially higher returns and tax benefits due to indexation, making them favorable for investors with longer horizons compared to traditional Fixed Deposits.
Introduction to Best Fixed Maturity Plans India
Best Fixed Maturity Plans India – AUM, NAV
The scheme aims for stable income, capital growth, low interest rate risk through diversified investments in debt instruments with AUM 930.93.
Launched on 25-Mar-2021, SBI Fixed Maturity Plan (FMP) Series 41 (1498 Days) is benchmarked against CRISIL Medium Duration Debt Index with ₹820.10 crore AUM.
This fund, with 93.07% in debt (3.43% in Govt. securities, 89.64% in low-risk securities), suits long-term investors preferring low-risk assets over equities. AUM: 726.66.
Top Fixed Maturity Plans – Expense Ratio
SBI Fixed Maturity Plan (FMP) – Series 66 (1361 Days) Direct Growth, a debt fund launched on 12 July 2022, offers secure investment. It has an AUM of 603.45 with no expense ratio.
DSP FMP 267-1246D
DSP FMP Series 267 – 1246 Days Direct Growth, a debt fund managed by Laukik Bagwe, started on 14 November 2022. It offers a safe investment option with an AUM of 601.41 and zero expense ratio.
SBI Fixed Maturity Plan (FMP) – Series 67 (1467 Days) Direct Growth is a secure debt fund initiated on 29 July 2022. Managed with an AUM of 517.97 and zero expense ratio, it ensures safety for investments.
Best Fixed Maturity Plans – CAGR 3Y
SBI Fixed Maturity Plan – Series 1 – 3668 Days, part of SBI Mutual Fund, started on 28-Mar-2019. Its current AUM is ₹42.06 crore with a 3-year CAGR of 5.02%.
Bandhan Fixed Term Plan – Series 179, a Fixed Maturity Plans fund under Bandhan Mutual Fund, commenced on 13-Mar-2019. It presently holds an AUM of ₹299.89 crore with a 3-year CAGR of 5.02%.
ICICI Pru FMP-85-10Y-I
ICICI Prudential Fixed Maturity Plan – Series 85 – 10 Years Plan I, a Fixed Maturity Plans fund under ICICI Prudential Mutual Fund, began on 15-Mar-2019. It currently manages an AUM of ₹396.92 crore, with a 3-year CAGR of 4.99%.
Best Fixed Maturity Plans India – Exit Load
SBI Fixed Maturity Plan (FMP) Series 42 (1857 Days), a part of SBI Mutual Fund, began on 30-Mar-2021. It currently manages an AUM of ₹423.36 crores, and there is no exit load associated with this fund.
HDFC FMP-Sr 46-1861D-Mar 2022
HDFC FMP 1861D March 2022, a Fixed Maturity Plans fund under HDFC Mutual Fund, was initiated on 09-Mar-2022. It currently manages an AUM of ₹410.44 crore, and there is no exit load associated with this fund.
The Kotak FMP Series 292 – 1735 Days Direct Growth, with an AUM of 403.69 crores, does not impose any exit load.
Best Fixed Maturity Plans Of Mutual Funds – Absolute Returns – 1Y
Nippon India FHF-XLIII-5-2315D
Nippon India Fixed Horizon Fund – XLIII – Series 5, a Fixed Maturity Plans fund by Nippon India Mutual Fund, started on 03-Mar-2022. It currently holds an AUM of ₹153.37 crore, with absolute returns of 7.84% over 1 year.
SBI Fixed Maturity Plan (FMP) Series 34 (3682 Days) is a Fixed Maturity Plans fund managed by SBI Mutual Fund. Launched on 05-May-2020, it currently has an AUM of ₹24.09 crore and has shown absolute returns of 7.81% over the past year.
HDFC FMP-Sr 46-1876D-Mar 2022
HDFC FMP 1876D March 2022, part of HDFC Mutual Fund’s Fixed Maturity Plans, began on 29-Mar-2022. Its current AUM stands at ₹28.76 crore, with absolute returns of 7.76% over the past year.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change over time.