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Scheme Information Documented FIXED MATURITY PLAN SERIES III
A closed ended debt scheme offering 5 Plans (Plan K to O) of tenor from 30 Days to 60 Months (inclusive)Present offer: IDB FMP Series III
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Who needs a closed-ended debt scheme?
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Any individual or entity looking to borrow a specific amount of money for a fixed period can consider a closed-ended debt scheme.
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Investors who prefer a fixed investment period and limited risk may also benefit from a closed-ended debt scheme.
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What is a closed-ended debt scheme?
A closed-ended debt scheme is a type of investment scheme where the fund has a fixed maturity period and the investors can only buy or sell units before or after the scheme matures.
Who is required to file a closed-ended debt scheme?
The asset management company or fund manager is required to file a closed-ended debt scheme.
How to fill out a closed-ended debt scheme?
To fill out a closed-ended debt scheme, the necessary information about the scheme including investment strategy, objectives, risks, and performance must be provided.
What is the purpose of a closed-ended debt scheme?
The purpose of a closed-ended debt scheme is to provide investors with a fixed maturity period and targeted returns based on the investment objectives.
What information must be reported on a closed-ended debt scheme?
Information such as the scheme's performance, assets under management, investment strategy, objectives, risks, and any other relevant details must be reported on a closed-ended debt scheme.
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