Selecting a target maturity fund based on your horizon and risk appetite

The assets under management (AUM) of target maturity funds (TMFs) have risen from Rs 29,601 crore in October 2020 to Rs 1,21,855 crore in October 2022. Fixed maturity plans (FMPs), which also allow investors to lock in existing interest rates, have seen a steep decline in AUM, from Rs 1,54,442 crore in October 2018 […]