INDICATIVE YIELD ON FIXED MATURITY PLANS IN INDIA IN AUGUST 2008?

Question

The investment flavour of the season seems to be Fixed Maturity Plans(FMP) in India as they offer better post tax returns than Fixed Deposit at the same time offering adequate security. What is the indicative pre tax returns on the various FMP schemes open for subscription during August 2008? Which are the mutual funds offering these schemes? What is the procedure for subscribing to these FMP Schemes?

Answer 1

dont put money in mutual fund for tax rebate put in ppf/nsc/