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Our Bureau

Kolkata, Feb. 7

SEBI is right now flushed with offer documents for fixed maturity plans and other short-term funds. Quite a few of them have been filed, keeping up the trend that has already led FMPs to become quite a large constituent of the country's asset management industry.

Offer documents have in recent days been placed by Lotus India, Standard Chartered, DBS Cholamandalam and Prudential ICICI. Other players that have filed short duration funds include Birla Sun Life, ABN Amro, HDFC and ING Vysya.

The FMP category has lately swelled in terms of variety, thanks to the willingness on the part of fund houses to come up with newer options.

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