FMPs out of vogue?
Fixed Maturity Plans (FMPs) are in the news again with the regulator looking at further tightening norms, but investors may be losing interest.FMPs remain on top of the mind for Securities Exchange Board of India (SEBI). The market regulator's Mutual Fund Advisory committee met on Friday to debate the further tightening of asset-liability norms, but amongst investors, interest in the product is waning.
