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Shriram Mutual Fund |
Mutual Funds are an attractive means of saving taxes and diversifying your investment portfolio.
Fixed Maturity Plan
FMPs are debt schemes, where the corpus is invested in fixed income securities. The tenure can be of different maturities, from one month to three years. These are close-ended and therefore, have a fixed time horizon. These funds invest in a basket of debt securities that mature at the end of its horizon. For instance, a one-year FMP will invest in securities that mature at the end of a year.
Systematic Investment Plan(SIP) with Insurance Coverage
SIP is a method whereby an investor regularly(after every fixed time period) invest a specific sum of money in a mutual fund.
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