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Rollover of MFs beyond 36 months not capital gains: CBDT

Last Updated: Sunday, April 12, 2015, 13:21

In a major relief to investors, the rollover of mutual fund Fixed Maturity Plans (FMP) beyond 36 months will not attract capital gains.

Franklin eyes doubling its AUM to Rs 1,20,000 crore in 5 years

Last Updated: Wednesday, March 18, 2015, 12:11

The company is currently ranked seventh in terms of AUM.

Mutual fund cos file 7 Fixed Maturity Plans with Sebi

Last Updated: Sunday, September 22, 2013, 11:06

The seven fund houses that have lined up FMPs and Fixed Tenure Plans (FTPs) include IDBI, Tata, Axis, DWS, Union KBC and Principal Pnb.

Mutual funds line up 26 Fixed Maturity Plans

Last Updated: Sunday, August 25, 2013, 18:33

Aiming to attract risk-averse investors seeking short-term returns, mutual fund companies have lined up at least 26 Fixed Maturity Plans (FMP) and have filed draft documents for them with market regulator Sebi.