Here's why investing in fixed maturity plans, target maturity debt funds makes sense at this juncture
4 minutes
To minimize the interim volatility due to interest rate movement and lock-in the prevailing high yields it is prudent to hold the investments till maturity of the scheme.
With the Reserve Bank of India (RBI) following a suite of major central banks that are hiking interest rates as they battle inflation on their home turf, yields have moved up significantly since May 2022.