{"id":1863,"date":"2024-04-25T07:00:29","date_gmt":"2024-04-25T07:00:29","guid":{"rendered":"https:\/\/jamawealth.com\/askguru\/?p=1863"},"modified":"2026-03-02T19:22:43","modified_gmt":"2026-03-02T19:22:43","slug":"in-what-section-of-the-indian-tax-does-fmp-in-mutual-funds-come","status":"publish","type":"post","link":"https:\/\/maxiomwealth.com\/askguru\/2024\/04\/25\/in-what-section-of-the-indian-tax-does-fmp-in-mutual-funds-come\/","title":{"rendered":"In what section of the Indian tax does FMP in mutual funds come?"},"content":{"rendered":"\n

FMPs or Fixed Maturity Plans are a class of Debt Funds. They do not come under Section 80C.<\/p>\n\n\n\n

However they do offer good tax benefit as they are usually for 3 years or longer. This means that the gain you make is offset against inflation. This makes tax lesser.<\/p>\n\n\n\n

For example, if your gain is 8% per annum and inflation is also at 8% per annum, then the capital gains tax payable is zero. If inflation’s 7% then tax paid is lesser to that extent.<\/p>\n\n\n\n\n

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FMPs or Fixed Maturity Plans are a class of Debt Funds. They do not come under Section 80C. However they do offer good tax benefit as they are usually for 3 years or longer. This means that the gain you make is offset against inflation. This makes tax lesser. For example, if your gain is… Read More »In what section of the Indian tax does FMP in mutual funds come?<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[38,100],"tags":[],"class_list":["post-1863","post","type-post","status-publish","format-standard","hentry","category-mutual-funds","category-taxation-mutual-funds"],"_links":{"self":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts\/1863","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/comments?post=1863"}],"version-history":[{"count":1,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts\/1863\/revisions"}],"predecessor-version":[{"id":3301,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts\/1863\/revisions\/3301"}],"wp:attachment":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/media?parent=1863"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/categories?post=1863"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/tags?post=1863"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}